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Polymetals Resources Ltd (ASX:POL)
ALERT: Price-sensitive ASX Announcement for POL
Current share price for POL : $0.730 -0.12 (-14.12%)+
Announcement
Release
6 Nov 2025 8:26AM
Price at Release
$0.850
Full Release
Summary
Polymetals Resources Ltd announced the resumption of operations at the Endeavor Mine in Cobar, NSW, following a tragic incident on October 28, which resulted in the loss of two employees and injury to another. The company has emphasized a renewed focus on safety, with a thorough review of their Safety Management System concerning explosives. The resumption of mine activities is staged, with employees returning to day shifts and transitioning to continuous shifts shortly. Chairman Dave Sproule acknowledged the community's support and expressed commitment to the mine’s long-term operation.
Key Points
- Operations at Endeavor Mine in Cobar, NSW have resumed.
- A tragic incident on October 28 led to the death of two employees.
- A rigorous safety review is being conducted, especially regarding explosives.
- Mine operations are resuming in stages with a shift transition plan.
- Chairman Dave Sproule acknowledged community support and commitment to safety.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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