VANCOUVER - Galiano Gold Inc. (TSX: GAU) (NYSE American: GAU), co-owners of the Asanko Gold (NYSE:GAU) Mine (AGM) in Ghana, reported a fatal incident on Saturday at one of its mining leases. The confrontation, involving illegal miners and security personnel, resulted in the deaths of two security officers and one civilian.
The AGM, a joint venture with Gold Fields (NYSE:GFI) Limited and operated by Galiano, is located near the township of Tontokrom. Despite the tragedy, the company has stated that mining operations remain unaffected due to the incident's location relative to the plant and other mining leases.
Investigations into the incident are ongoing, and Galiano is collaborating with local law enforcement and authorities to ensure the safety of its employees and community members. This incident highlights the ongoing challenges mining companies face with illegal mining activities and the importance of security measures in the industry.
Galiano Gold Inc. is committed to sustainable business practices and emphasizes environmental management, social responsibility, and the health and safety of its employees and neighboring communities. The Asanko Gold Mine is a significant part of the company's portfolio, and Galiano aims to create value for all stakeholders through production, exploration, and disciplined financial resource deployment.
The information for this report is based on a press release statement from Galiano Gold Inc.
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