Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Canadian miner Fortuna Silver Mines Inc said a contractor employee died at its Caylloma mine in Peru on Friday.
The accident occurred during underground mining operations and no other personnel were injured, the company said on Monday, adding that the operations were briefly suspended before resuming on Sunday.
The precious metal miner said appropriate government and local authorities have been notified and an investigation to determine the cause of the accident is underway.
The Caylloma mine has produced silver, gold, lead and zinc since October 2006.
(By Mrinalika Roy; Editing by Devika Syamnath)
Comments