Worker dies at New World's Czech mine
One of New World Resources' employees was fatally injured at a mine in the Czech Republic at the weekend, the Central Europe-focused coal and coke producer revealed on Monday morning.
One of New World Resources' employees was fatally injured at a mine in the Czech Republic at the weekend, the Central Europe-focused coal and coke producer revealed on Monday morning.
The incident took place on Saturday October 20th, where a 48-year-old miner was killed around 900m underground at the Paskov Mine of New World's Czech subsidiary, OKD.
"NWR expresses its deepest condolences to the family, relatives and friends of the deceased miner," the firm said in a statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The company said that an investigative committee is now conducting an enquiry into the accident, made up of members of the District Mining Authority in Ostrava, Paskov Mine management, OKD management, the OKD Trade Unions representatives and the police.
"The incident had no impact on production," the firm reassured.
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Will bond vigilantes come for Donald Trump?
Bond vigilantes could make a comeback if Donald Trump follows through on some of his promised policies
By Simon Wilson Published
-
Is Donald Trump's re-election a wake-up call for Europe?
Donald Trump will turbocharge the US economy – and expose Europe's weakness
By Matthew Lynn Published