Chaarat Gold Holdings Ltd Chaarat Gold -- Fatal Incident at Kapan Mine (4205Y)
September 06 2022 - 3:01AM
UK Regulatory
TIDMCGH
RNS Number : 4205Y
Chaarat Gold Holdings Ltd
06 September 2022
6 September 2022
Chaarat Gold Holdings Limited
("Chaarat" or the "Company")
Chaarat Gold - Fatal Incident at Kapan Mine
Chaarat Gold (AIM: CGH), the AIM-quoted gold mining Company with
an operating mine in Armenia, and assets at various stages of
development in the Kyrgyz Republic, regrets to report a fatal
incident involving an employee following injuries sustained at the
Kapan mining operation on 3(rd) September 2022.
The area where the incident occurred was closed immediately and
an internal investigation is underway. Chaarat is also working with
the authorities to facilitate their investigation of this tragic
incident.
Following a safety stop, mining operations are continuing in all
other areas. Production guidance for the year from the Kapan mine
remains unaffected .
Mike Fraser, Chief Executive Officer of Chaarat, said:
"We deeply regret this tragic incident, and we offer our sincere
condolences to the family, friends and colleagues of the deceased.
We believe all injuries are preventable, and a serious injury
resulting in a fatality is particularly concerning. We are
committed to identifying and resolving the underlying issues that
have resulted in this fatality and will continue to work with our
teams towards creating an injury-free workplace."
Enquiries
+44 (0)20 7499
Chaarat Gold Holdings Limited 2612
Patrick Henze (VP Corporate Development ir@chaarat.com
& IR)
Canaccord Genuity Limited (NOMAD and + 44 (0)20 7523
Joint Broker) 8000
Henry Fitzgerald-O'Connor
James Asensio
+44 (0)20 7220
finnCap Limited (Joint Broker) 0500
Christopher Raggett
Panmure Gordon (UK) Limited (Joint +44 (0)20 7886
Broker) 2500
John Prior
Hugh Rich
About Chaarat
Chaarat is a gold mining company which owns the Kapan operating
mine in Armenia as well as Tulkubash and Kyzyltash Gold Projects in
the Kyrgyz Republic. The Company has a clear strategy to build a
leading emerging markets gold company through organic growth and
selective M&A.
Chaarat aims to create value for its shareholders, employees and
communities from its high-quality gold and mineral deposits by
building relationships based on trust and operating to the best
environmental, social and employment standards. Further information
is available at www.chaarat.com/ .
ENDS
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END
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