Zhaojin Mining (01818.HK): Accident Occurs at Infrastructure Mine of Wholly-owned Subsidiary, Leaving 3 Dead and 2 Injured
NewTimeSpace News: Zhaojin Mining Industry Company Limited (01818.HK) released an inside information announcement on May 14, 2026. On May 13, 2026, an accident took place at an infrastructure mine of Zhaoyuan Jintingling Mining Co., Ltd., the Company’s wholly-owned subsidiary, during underground mucking operations, resulting in 3 fatalities and 2 injuries. The condition of the injured is stable.
Following the accident, the Company attached high importance and immediately activated the emergency response plan. Proper arrangements for aftermath handling and accident investigation are currently underway.
Due to the impact of the incident, production mines located in Zhaoyuan have suspended production for inspection at the request of local emergency management authorities. As of the date of this announcement, the Company is assessing the impact of the accident on the Group’s overall operations.
The Board expresses deep condolences to the victims of the accident and sincere sympathy to the families of the deceased. The Company will draw lessons from the incident, further strengthen work safety management, conduct comprehensive self-inspections on production safety, and implement accident prevention and rectification measures.
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