GALIANO GOLD REPORTS DOUBLE FATALITY AT ITS ASANKO GOLD MINE

Rhea-AI Summary

Galiano Gold Inc. (GAU) reported the tragic fatality of two contractors at the Asanko Gold Mine in Ghana on February 6, 2023. The incident occurred near the tailings storage facility and has prompted immediate support for affected individuals. Galiano expressed condolences and announced that an investigation is underway, reinforcing its commitment to safety and Zero Harm. The Asanko Gold Mine operates as a joint venture with Gold Fields Ltd (GFI), focusing on sustainable practices and stakeholder value creation.

Positive

• Company's commitment to reinforce safety measures following the incident.
• Ongoing support for families and colleagues of the victims.

Negative

• Two contractors fatally injured, raising serious safety concerns.
• Incident could impact operational morale and public perception.

VANCOUVER, BC, Feb. 6, 2023 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) deeply regrets to report that two contractors have been fatally injured yesterday following an incident at the Asanko Gold Mine ("AGM") located in Ghana, West Africa. The AGM is a 50:50 joint venture ("JV") with Gold Fields Ltd (JSE: GFI) (NYSE: GFI), which is managed and operated by Galiano.

AGM Emergency Services responded to the incident near the tailings storage facility where two contractors were pronounced deceased at the scene. The Company is working alongside its contractor to ensure everyone impacted by the incident is provided the required support and counseling needed during this challenging and difficult time.

"On behalf of Galiano Gold, we offer our sincerest condolences to the family, friends, and co-workers of our two colleagues," said Matt Badylak, President and Chief Executive Officer.

The appropriate authorities have been notified and an investigation is underway. Efforts are immediately underway to further reinforce the sustained Company commitment to Zero Harm and industry best practices in safety culture. 

About Galiano Gold Inc.

Galiano is focused on creating a sustainable business capable of value creation for all stakeholders through production, exploration and disciplined deployment of its financial resources. The Company operates and manages the Asanko Gold Mine, located in Ghana, West Africa, jointly owned with Gold Fields Ltd. Galiano is committed to the highest standards for environmental management, social responsibility, and the health and safety of its employees and neighbouring communities. For more information, please visit www.galianogold.com.

View original content:https://www.prnewswire.com/news-releases/galiano-gold-reports-double-fatality-at-its-asanko-gold-mine-301739207.html

SOURCE Galiano Gold Inc.

FAQ

What incident occurred at Galiano Gold's Asanko Gold Mine?

Two contractors were fatally injured at the Asanko Gold Mine on February 6, 2023.

What is Galiano Gold's stock symbol?

Galiano Gold trades under the symbol GAU.

Who operates the Asanko Gold Mine?

The Asanko Gold Mine is operated by Galiano Gold in a joint venture with Gold Fields Ltd (GFI).

What measures is Galiano Gold taking after the accident?

Galiano Gold is reinforcing its safety practices and providing support to those affected.

When did the incident at the Asanko Gold Mine happen?

The incident occurred on February 6, 2023.