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Endeavour Silver reports second fatal accident at Mexico mining operations

  • Endeavour Silver (EXK -1.2%) says an employee died Saturday due to a rock fall underground at the V-Asuncion mine, part of the El Cubo mine operations in Mexico; the mine is closed and EXK is working with Mexican authorities to investigate.
  • A week earlier, an employee died from a rock fall underground at its Porvenir Cuatro mine, part of the Guanacevi mine operations in Mexico.
  • EXK says it is closing each of its mines for two days to implement a full safety retraining program in response to the fatalities.
  • EXK says it is ahead of its production plan for the year, so it does not expect the mine closures to impact production guidance.
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