Golden Star records fatal Prestea Mine accident

Gold Star Resources has reported a fatal accident at its Prestea Gold Mine.

The accident is said to have occurred on Wednesday, March 25, 2020.

According to the firm, the accident happened in the main access drive on ‘17 level’ which is currently being developed.

“Our employee was fatally injured when he became trapped in the drive as one of the ore carts on a locomotive derailed. The relevant authorities have been notified and there will be a full investigation to establish the exact causes of the accident.

“As a sign of respect to our colleague we have suspended all activities underground at Prestea for today.”

Andrew Wray, Chief Executive Officer of Golden Star, commented: "This is a tragic accident and all of our thoughts are with our colleague, his loved ones and the wider team at Prestea. The accident will be investigated fully and we will redouble our efforts to make sure that we prevent anything of this nature from happening in the future. We will also provide support for all those impacted by this accident."

Golden Star is an established gold mining company that owns and operates the Wassa and Prestea underground mines in Ghana, West Africa.

Listed on the NYSE American, the Toronto Stock Exchange and the Ghanaian Stock Exchange, Golden Star is focused on delivering strong margins and free cash flow from its two underground mines.