Chaarat Gold Hlgs Ld (AIM:CGH) Fatal Incident at Kapan Mine

Chaarat Gold (AIM: CGH), the AIM-quoted gold mining Company with an operating mine in Armenia, and assets at various stages of development in the Kyrgyz Republic, regrets to report a fatal incident involving an employee following injuries sustained at the Kapan mining operation on 3rd September 2022.

The area where the incident occurred was closed immediately and an internal investigation is underway. Chaarat is also working with the authorities to facilitate their investigation of this tragic incident.

Following a safety stop, mining operations are continuing in all other areas. Production guidance for the year from the Kapan mine remains unaffected .

Mike Fraser, Chief Executive Officer of Chaarat, said:

“We deeply regret this tragic incident, and we offer our sincere condolences to the family, friends and colleagues of the deceased. We believe all injuries are preventable, and a serious injury resulting in a fatality is particularly concerning. We are committed to identifying and resolving the underlying issues that have resulted in this fatality and will continue to work with our teams towards creating an injury-free workplace.”


Chaarat Gold Holdings Limited

+44 (0)20 7499 2612

Patrick Henze (VP Corporate Development & IR)

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