Nordic Mines AB: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
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Nordic Mines AB Announces Leakage of Paste at Laiva Gold Mine
Nordic Mines AB announced that on July 8, 2012 at Laiva gold mine, a minor leakage of paste (almost inert tailings) occurred at the paste area. The paste flowed out into a delimiting ditch, surrounding the paste area. The deviation was observed at 04:00 during a routine visit at the paste area. The paste was let out through another pipeline. This stopped the leakage out into the surrounding ditch. Most of the paste stayed inside the mining area, but a part of the suspended material flowed into a ditch leading out from the paste area. The paste has flowed along the ditch approximately 3,000 meters. The Company had reported the deviation to the Emergency Response Centre Administration. The police, representative from the Centre for Economic Development, Transport and the Environmentand as well as the fire brigade came to the site. A follow-up program has been started and samples have been taken of the paste material and the water in the surrounding area. The action plan for what has to be done will be prepared together with the authorities. The Company is of the opinion that the paste leakage will not have any significant impact on the environment.
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