Caledonia Mining Corporation Plc: Fatal accident at Blanket Mine

Rhea-AI Summary

Caledonia Mining Corporation (CMCL) has confirmed a tragic accident at its Blanket Mine in Zimbabwe, resulting in the death of 35-year-old employee Andrew Clydon Phiri. The incident, involving a LHD loader, occurred on February 21, 2022, during underground operations. An official investigation is underway, and further details will be provided once available. Caledonia extends its condolences to the family and colleagues of the deceased.

Positive

• None.

Negative

• Tragic accident resulting in the death of an employee.
• Pending investigation may affect operations and public perception.

ST HELIER, Jersey, Feb. 22, 2022 (GLOBE NEWSWIRE) -- It is with regret that Caledonia Mining Corporation plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) (“Caledonia”) confirms that an accident took place on the morning of 21 February 2022 at the Blanket Mine in Zimbabwe, as a result of which one Blanket employee, Andrew Clydon Phiri (aged 35), was killed.

The accident involved a LHD loader in one of Blanket’s underground haulages.

Further details cannot be released pending the outcome of an ongoing enquiry into this incident by the relevant authorities.

Caledonia expresses its condolences to the family and colleagues of the deceased.

Caledonia Mining Corporation Plc Mark Learmonth Camilla Horsfall	Tel: +44 1534 679 802 Tel: +44 7817 841793
WH Ireland Adrian Hadden/ Andrew De Andrade	Tel: +44 20 7220 1751
Blytheweigh Financial PR Tim Blythe/Megan Ray	Tel: +44 207 138 3204
3PPB Patrick Chidley Paul Durham	Tel: +1 917 991 7701 Tel: +1 203 940 2538
Curate Public Relations (Zimbabwe) Debra Tatenda	Tel: +263 77802131

Note: This announcement contains inside information which is disclosed in accordance with the Market Abuse Regulation (EU) No. 596/2014 (“MAR”) as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

FAQ

What happened at Caledonia Mining Corporation's Blanket Mine on February 21, 2022?

On February 21, 2022, an accident involving a LHD loader resulted in the death of an employee at the Blanket Mine in Zimbabwe.

Who was the employee that died in the Blanket Mine accident?

The deceased employee was Andrew Clydon Phiri, aged 35.

Is there an investigation ongoing for the Blanket Mine accident?

Yes, an investigation by the relevant authorities is currently underway regarding the accident.

What impact does the Blanket Mine accident have on Caledonia Mining's operations?

The accident's impact on Caledonia Mining's operations remains uncertain as it depends on the outcome of the ongoing investigation.