PRECIOUS METALS

Fatality at Pretium's Brucejack

Investigation underway

Staff reporter

This article is 4 years old. Images might not display.

Pretium said the fatality had resulted from an "isolated incident" which occurred during maintenance at a support facility on surface on Friday.

The injured employee was treated immediately by the site emergency response team and then transported to the hospital in Terrace where he passed away on Sunday, Pretium said.

Operations were suspended on Friday and had since resumed.

"This tragedy is a devastating reminder of the critical importance of safety in all aspects of mine site operations," president and CEO Jacques Peron said late on Sunday.

"The safety and well-being of our employees is our topmost priority and we will investigate the incident fully."

Peron was appointed to the roles in April, after the company had outlined a new mining plan and a grade haircut in March which had trimmed 2.2 million ounces from reserves.

The company has since announced further leadership changes.

Pretium recently filed a prospectus to raise up to US$600 million as it seeks to bolster its balance sheet following a difficult start-up its high-grade mine.

It's due to release second quarter operational and financial results after market close on Wednesday.

Its shares (TSX: PVG) were worth about C$17 a year ago and last traded at $12.70, capitalising it at $2.3 billion (US$1.7 billion).

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Journal Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.