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CMCL Caledonia Mining Corporation Plc

815.00
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Caledonia Mining Corporation Plc LSE:CMCL London Ordinary Share JE00BF0XVB15 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 815.00 790.00 840.00 815.00 815.00 815.00 1,020 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Gold Ores 138.94M -4.2M -0.2188 -47.21 198.23M

Caledonia Mining Corporation PLC Accident at the Blanket Mine (0673F)

15/05/2017 7:00am

UK Regulatory


Caledonia Mining (LSE:CMCL)
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TIDMCMCL

RNS Number : 0673F

Caledonia Mining Corporation PLC

15 May 2017

Caledonia Mining Corporation Plc

Accident at the Blanket Mine

St Helier, 15 May 2017, Caledonia Mining Corporation Plc regrets to announce a fatality at the Blanket Mine in Zimbabwe in a mining-related accident on 12 May 2017.

Blanket management has suspended mining activities in the specific mining area, being the Eroica ore body, which contributed 10 per cent of production in the first quarter of 2017, pending a full risk assessment and in-loco investigation.

Management has notified the Minister of Mines and Mining Development and the Inspector of Mines and will provide all the necessary assistance to the Ministry of Mines Inspectorate Department in its enquiry into this incident.

Until such a time as the outcome of this enquiry has been reached, no further details can be released.

The directors and management of Caledonia and Blanket express their sincere condolences to the family and colleagues of the deceased.

Steve Curtis, Chief Executive Officer, said:

"This is a serious setback in our efforts to continuously improve safety at Blanket Mine. The previous fatality was in April 2015. Our heartfelt condolences go out to the family, colleagues and friends of the deceased".

 
 Caledonia Mining Corporation 
  Plc                             Tel: +44 1534 679 802 or +27 
  Mark Learmonth                  11 447 2499 
  Maurice Mason                   Tel: +44 759 078 1139 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCGGUQCAUPMGQC

(END) Dow Jones Newswires

May 15, 2017 02:00 ET (06:00 GMT)

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