start here

start here

The Daily IKN email digest, get all daily posts sent to you next day (& no ads)

12/14/15

Spot the difference: Tahoe Resources (TAHO) (THO.to) and Primero Mining (PPP) (P.to)

An unpleasant fact is that deaths happen in mining, always have done and despite the enormous advances made in health and safety over the years, always will do. It's a dangerous way to earn a packet of money per month, period.

Which means in turn that deaths are  going to occur at mining companies that consider themselves as World Class operators, but it's only when the undesired event happens that we find out the difference between those companies that play at being World Class and those that live up to their word:

As regular reader will know, I'm no fan of Primero Mining (P.to) (PPP) but credit where due, this NR over the weekend is an excellent example of a responsible miner facing up to the hard side of the job and doing things the right way.

TORONTO, ON--(Marketwired - December 13, 2015) - Primero Mining Corp. ("Primero" or the "Company") (TSX:P.TO) (PPP) regrets to report the fatality of an employee that occurred at its San Dimas mine in Mexico on the weekend.
"We feel great remorse over the loss of our colleague Enrique Ortiz, an experienced underground miner at our San Dimas mine," said Ernest Mast, President and Chief Operating Officer. "Work-related losses are felt deeply by the Primero and Tayoltita communities and we send our deepest sympathies to Enrique's family and friends. The safe operation of our mines remains Primero's top priority, and we will continue to work hard to eliminate all work-place accidents." continues here


Meanwhile over at Tahoe Resources (TAHO) (THO.to), what has the company told the market about the death of an employee at the escobal mine in Guatemala in November, which was caused by an accident while he was on duty inside the mine?

Nothing

Nada 

Zip

Zero.

Which is the reaction of people who talk the talk, but can't walk the walk. No guts, no integrity, no humanity. Welcome to Tahoe Resources, faking it in Guat since 2012.