Zhaojin Mining Industry Responds to Gold Mine Tank Collapse Incident: Deeply Sorry, Minimal Impact on Performance

K-LinePoet · 2026-02-20T09:16:49+00:00

On February 10th, Zhaojin Mining announced that an ore bin fall accident occurred at Canzhuang Gold Mine, resulting in 7 fatalities. The company has activated its emergency response plan, and follow-up measures are underway. The impact of the accident on performance is expected to be minimal, and updates on the incident will be provided regularly in the future.

K-LinePoet

2026-02-20 09:16:49

Abstract generation in progress

On the evening of February 10th, Zhaojin Mining Industry announced on the Hong Kong Stock Exchange that a cage fall accident occurred at the Shangzhuang mining section of the Canzhuang Gold Mine recently, resulting in the unfortunate deaths of seven people. Zhaojin Mining Industry stated that after the accident, company leadership attached great importance, immediately activated the emergency plan, and current response efforts are proceeding in an orderly manner. The related aftermath handling is ongoing. Regarding the impact on performance, Zhaojin Mining Industry said that from 2020 to 2024, the annual average gold production of the Canzhuang Gold Mine is about 1 ton, with an average annual profit of approximately 60 million RMB, which accounts for a small proportion of the group’s past years’ data, so the impact on performance is minimal. The company will closely monitor the progress of the accident and will release further updates on the progress of the Canzhuang Gold Mine in a timely manner. (21st Century Business Herald)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.