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Persistence Resources Group Ltd ( (HK:2489) ) has provided an update.
Persistence Resources Group Ltd has announced the suspension of production at its Denggezhuang Underground Mine following a fatal accident involving a worker. The Shandong Provincial Emergency Management Department and the State Mine Safety Supervision Administration have ordered the halt of operations and the rectification of safety issues, with an investigation underway to determine the cause and responsibility for the incident. The company is cooperating with authorities to ensure safety measures are implemented and will provide updates on the mine’s status as appropriate.
More about Persistence Resources Group Ltd
Persistence Resources Group Ltd is a company incorporated in the Cayman Islands with limited liability, operating in the mining industry. The company is involved in the extraction and management of mineral resources, with a focus on maintaining safety and operational efficiency.
Average Trading Volume: 3,103,840
Technical Sentiment Signal: Strong Buy
For detailed information about 2489 stock, go to TipRanks’ Stock Analysis page.