Fresnillo Comments on Incident at Saucito Mine

Fresnillo plc (LSE:FRES) commented on a statement regarding an incident at its Saucito mine that was published by Mexico’s PROFEPA.
As quoted in the press release:

The incident occurred due to the rupture of a pipeline while non-toxic solution was being pumped from the beneficiation plant to the tailings dam.

Following the incident, Fresnillo immediately informed the authorities, who have concluded in their initial review that the situation is of limited scale, and as a result operations have not been and will not be suspended. 85% of the affected area has already been remediated and the company expects to conclude all the remediation activities by Friday.

Fresnillo does not expect any material financial impact or loss of production as a consequence of the incident.

Fresnillo remains committed to the highest standards of operating and environmental best practice in accordance with our previously stated policies, and an investigation into the reasons behind this incident is underway.

Click here to read the full Fresnillo plc (LSE:FRES) press release.