Caledonia Mining Corporation Plc: Fatal accident at Blanket Mine
Caledonia Mining Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) regretfully reports a fatal accident at its Blanket Mine in Zimbabwe on September 21, 2024.
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Rhea-AI Summary
Caledonia Mining Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) regretfully reports a fatal accident at its Blanket Mine in Zimbabwe on September 21, 2024. An employee was tragically killed after being struck by a fall of rock while drilling in a development area. Management at Blanket Mine is cooperating with authorities in their investigation of the incident.
Caledonia has expressed condolences to the family and colleagues of the deceased. The company is working closely with relevant authorities to assist in the inquiry into this unfortunate event. No further details about the accident or the identity of the employee have been provided at this time.
Positive
- None.
Negative
- Fatal accident at Blanket Mine resulting in employee death
- Potential regulatory scrutiny and investigation following the incident
- Possible impact on mine operations and productivity during investigation
Details
News Market Reaction – CMCL
The recorded move for CMCL in the trading session of this news was +1.48%.
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ST HELIER, Jersey, Sept. 23, 2024 (GLOBE NEWSWIRE) -- It is with regret that Caledonia Mining Corporation Plc (“Caledonia”) (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) reports that an accident took place on September 21, 2024 at the Blanket Mine in Zimbabwe, where an employee was hit by a fall of rock while drilling in a development area and as a result has sadly died.
Management at Blanket Mine are assisting the relevant authorities in their enquiry into this accident.
Caledonia expresses its condolences to the family and colleagues of the deceased.
Enquiries:
| Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall | Tel: +44 1534 679 800 Tel: +44 7817 841 793 |
| Cavendish Capital Markets Limited (Nomad and Joint Broker) Adrian Hadden Pearl Kellie | Tel: +44 207 397 1965 Tel: +44 131 220 9775 |
| Panmure Liberum Capital Limited (Joint Broker) Scott Mathieson/ Matt Hogg | Tel: +44 20 3100 2000 |
| Camarco, Financial PR (UK) Gordon Poole Julia Tilley Elfie Kent | Tel: +44 20 3757 4980 |
| 3PPB (Financial PR, North America) Patrick Chidley Paul Durham | Tel: +1 917 991 7701 Tel: +1 203 940 2538 |
| Curate Public Relations (Zimbabwe) Debra Tatenda | Tel: +263 77802131 |
| IH Securities (Private) Limited (VFEX Sponsor - Zimbabwe) Lloyd Mlotshwa | Tel: +263 (242) 745 119/33/39 |
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