The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Coronado Global Resources (CRN) has updated the market on the tragic death at its Curragh Mine Complex
  • Operations at Curragh have been suspended since the start of the week when a contract employee from Thiess was fatally injured
  • Unaffected areas around the Curragh complex will resume earliest by Friday
  • On market close, Coronado is down slightly and is trading at $2.27 per share

Coronado Global Resources (CRN) has updated the market on the tragic death at its Curragh Mine Complex.

Operations at Curragh have been suspended since the start of the week when a contract employee from Thiess was fatally injured.

The incident occurred during a tyre change activity in the main workshop.

The Queensland Mines Inspectorate subsequently visited the mine and made the order that all relevant tyre and wheel rim fitting activities be suspended until the Inspectorate is satisfied.

The company is supportive of this order and all efforts to improve the safety at all of its operations.

“Coronado will not permit these activities on its site until both the company and the Inspectorate are satisfied with the safety of these activities,” the company said.

Return to work safety sessions are taking place with all workers on the site this morning. Unaffected areas around Curragh complex will resume by Friday.

CEO Gerry Spindler says the company’s priorities remains the welfare and safety of its employees and contractors and supporting the family and all those impacted by this tragic incident.

“Our hearts go out to those mourning the loss of a loved one, friend and valued colleague,” Gerry said.

“Coronado is conducting a full investigation to understand the causes of this incident and continues to support the third party reviews underway,” he added.

The company and Theiss are continuing to provide counselling and support to employees and their families.

On market close, Coronado is down slightly and is trading at $2.27 per share.

crn by the numbers
More From The Market Online
The Market Online Video

Northstone Resources: Record-grade drilling intercept raises the stakes ahead of maiden JORC resource

Northstone Resources (ASX: NRL) has hit 36m at 5.85g/t AuEq at its Tlamino project in Serbia, significantly exceedin…
The Market Online Video

Capital Limited Expands in Australia as Revenue Growth Drives Upgraded Guidance

Capital Limited (LSE:CAPD) is strengthening its position in the global mining services sector, combining expansion into Australia with larger drilling contracts and growing
The Market Online Video

OR3 delivers maiden 153,000oz gold resource at Coolgardie

Ore Resources (ASX: OR3) has delivered its first mineral resource estimate at the Coolgardie Gold Project in Western Australia, marking a key
The Market Online Video

Diablo Resources: Copper and Gold add new potential at Utah Tungsten Prospect

Diablo Resources (ASX: DBO) is uncovering a broader mineralisation story at its Cupric prospect in Utah, where recent sampling has identified copper