#trevali mining

[allthecanadianpolitics]

B.C. mining CEO resigns after two executives convicted of involuntary manslaughter

Vancouver-based Trevali criticized for death of 8 workers in Burkina Faso

Trevali Mining Corp. says its president and chief executive, as well as its chief operating officer, have both resigned.

The Vancouver-based miner says Ricus Grimbeek, who has served as CEO since 2019, will step away from the company. It says chief operating officer Derek du Preez will also depart effective Oct. 14.

Trevali also says the Supreme Court of British Columbia has approved the company's application for a sales and investment solicitation process for its wholly owned Caribou Mine in New Brunswick, as well as its 90 per cent interest in the Rosh Pinah Mine in Namibia.

Trevali filed for creditor protection under the CCAA (Companies' Creditor Protection Act) in August.

As a result, the Toronto Stock Exchange has suspended trading of Trevali's shares. The company's common shares will be delisted at the close of the market on Oct. 3.

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[allthecanadianpolitics]

2 Vancouver mining firm executives convicted of involuntary manslaughter in West African mine disaster

Hein Frey, Daryl Christensen found guilty

Trevali Mining Corp. is confirming reports that two executives have been convicted of involuntary manslaughter in the West African nation of Burkina Faso in the wake of a flooding disaster at the company's Perkoa zinc mine, which left several people dead.

The Vancouver-based miner issued a statement Thursday thanking local communities and Perkoa employees who attended a Burkina Faso court to hear the verdicts Wednesday. Perkoa mine manager Hein Frey, who is South African and worked for Trevali, received a 24-month suspended sentence. Daryl Christensen, who is South African and a manager with Trevali's contractor Byrnecut, received a 12-month suspended sentence.

Workers were trapped more than 500 metres below the surface of the mine on April 16, 2022, after heavy rain caused flash flooding, which breached two embankments outside the mine. Eight people were unable to get to an underground refuge chamber and died.

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Tagging: @politicsofcanada