Coeur Reports Fatal Accident at Palmarejo
September 17 2018 - 12:09PM
Business Wire
Coeur Mining, Inc. (“Coeur” or the “Company”) (NYSE: CDE)
regrets to report that a fatal accident occurred at its Palmarejo
Mine in Mexico on September 13, 2018.
Two underground production drillers fell into a void after the
ground below them collapsed. The area was immediately evacuated and
all underground operations were suspended pending emergency
response and initial investigation. The Company is working closely
and cooperatively with the authorities to respond to the situation.
The ground collapse occurred in a highly localized area and does
not affect other portions of the mine. Operations have resumed
except in the specific level of the underground mine where the
incident occurred.
“On behalf of everyone here at Coeur Mining, I want to express
our condolences to the families, friends and communities of the
employees we have lost in this tragic accident,” said Mitchell J.
Krebs, Coeur’s President and Chief Executive Officer.
A formal investigation has begun to determine the root causes of
the incident as well as how to prevent them in the future.
About Coeur
Coeur Mining, Inc. is a well-diversified, growing precious
metals producer with five mines in North America. Coeur produces
from its wholly-owned operations: the Palmarejo silver-gold complex
in Mexico, the Silvertip silver-zinc-lead mine in British Columbia,
the Rochester silver-gold mine in Nevada, the Wharf gold mine in
South Dakota, and the Kensington gold mine in Alaska. In addition,
the Company has interests in several precious metals exploration
projects throughout North America.
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version on businesswire.com: https://www.businesswire.com/news/home/20180917005536/en/
For Additional InformationCoeur Mining, Inc.104 S.
Michigan Avenue, Suite 900Chicago, Illinois 60603Attention: Paul
DePartout, Director, Investor RelationsPhone: (312)
489-5800www.coeur.com
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