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Stock Market & Financial Investment News

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April 7, 2014
14:30 EDTEXKEndeavour Silver reports second fatal accident at mining operations in Mexico
Endeavour Silver report the death of an employee on Saturday, April 5, due to a rock fall underground at the V-Asuncion mine, part of the El Cubo mine operations in Guanajuato State, Mexico. The V-Asuncion mine was closed immediately and an internal investigation has been completed. Endeavour is now working with the Mexican authorities to facilitate their investigation of this accident. The company said, "As this is the second fatal accident at Endeavour's mining operations in Mexico in the last week, the company has decided to immediately implement a full safety retraining program at all three mines. Each mine will shut down for two days so each shift in turn can receive a two day refresher course on safety policies and practices. In addition, Endeavour will retain a group of safety specialists to review the company safety programs and implement their recommendations." The company is already ahead of its production plan for the year so the mine closures are not expected to impact production guidance, Endeavour added.
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