Saracen In Trading Halt Due To Incident

Saracen Minerals has been placed into a trading halt on the ASX due to an incident at its Dervish mine as part of its Carosue Dam operations in Western Australia. According to an ASX statement “It appears the underground worker fell from a height. A full investigation into the incident has been launched. The WA Department of Mines, Industry Regulation and Safety has been advised of the incident and is sending representatives to site.” the statement said.

Dervish – Credit, Saracen Minerals.

The company is requesting the trading halt pending an announcement on the suspension of operations at its Carosue Dam Operations and has requested that the trading halt remain until the release of that announcement, which is anticipated by prior to market open on Wednesday, 15 July 2020.

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