safety needed
The Market Online - At The Bell

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

Sierra Rutile (ASX: SRX) has reported the death of a worker at Area 1 of its rutile mine in Sierra Leone.

The Perth based miner said an incident had occurred on Tuesday, June 18 which had “tragically resulted in the fatality of a worker on site”.

SRL Managing Director and CEO, Theuns de Bruyn extended the Company’s condolences to the family of the deceased.

“This is a very sad day for SRL and its people, and I offer the company’s deepest sympathies to our colleague’s family, friends and co-workers. Our focus is on supporting them during this trying time,” he said.

“We have launched an investigation to understand the circumstances surrounding this tragic event and will fully cooperate with the relevant authorities on the ground in Sierra Leone.”

The company said that operations at the relevant part of Area 1 had been suspended while an initial review of any safety risk is conducted.

SRX gave no further information but said it will provide further updates as and when appropriate.

SRX was down almost 4% in early trade priced at 13 cents.

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

ASX Market Close: Banks lead Index to finish the week on a high | September 6, 2024

The bank stocks rallied leading the index higher, but Energy and mining stocks slumped in the…
IPO concept

Is the ASX getting its groove back? Here’s 5 IPOs in September to watch

After another slow year for IPOs on the ASX, September is looking like it could be…
Money is tight concept 2

Week 36 Wrap: AI hype wave tested again; Oz per capita recession continues; AirTrunk’s $40B+ payday

At the start of this week we saw NVIDIA – as a proxy for the AI…
The Market Online Video

ASX Market Update: CBA breaks record as banks lead Index higher | September 6, 2024

Bank stocks have surged and dragged the market higher with the big 4 all outperforming and…