OUAGADOUGOU – Canadian mining agency Trevali will shut its Perkoa zinc mine in Burkina Faso, an organization official informed Reuters on Friday, following a flood on the mine in April that killed eight staff.
The miners drowned within the underground passages of the mine in Sanguie province after sudden torrential rain through the West African nation’s dry season.
The mine, certainly one of Trevali’s three essential working property, has been closed since.
“The funds nonetheless obtainable…are inadequate to finish the rehabilitation of the mine,” mentioned Ditil Moussa Palenfo, nation director of Nantou Mining, the Trevali entity that owns Perkoa.
“Funds are barely enough to cowl severance pay for terminated staff.”
A court docket in Burkina Faso final week handed out suspended sentences to 2 executives after discovering them responsible of involuntary manslaughter for the flood catastrophe.
That got here simply weeks after the corporate introduced it was halting buying and selling on the Toronto Inventory Change.