Core Viewpoint - A fatal incident occurred at Serabi Gold's Palito underground operation, resulting in one employee's death due to a traffic accident underground, with no other personnel injured [1][2]. Incident Details - The company has notified relevant authorities, including the police, and is providing assistance for the ongoing investigations [2]. - Production in the area of the incident is expected to resume within a few days after the authorities complete their inquiries, while other mining operations remain unaffected [2]. Company Response - The Directors and management of Serabi express condolences to the family and colleagues of the deceased and are providing necessary support to the family [3]. - The company prioritizes the safety and well-being of its workforce and is reviewing the effectiveness and safety of all operations following the incident [4]. Company Overview - Serabi Gold plc is focused on gold exploration, development, and production in the Tapajós region of Brazil, consistently producing between 30,000 to 40,000 ounces per year from the Palito Complex [5]. - The company plans to double its production in the coming years with the construction of the Coringa Mine and has made a recent copper-gold porphyry discovery [5].
Fatality at Palito Complex
Globenewswire·2026-01-31 18:03