No survivors found in Perkoa refuge chamber

Search and rescue teams have reached the refuge chamber in the flooded Perkoa mine in Burkina Faso intact and with no one inside.

Trevali finds no survivors in refuge chamber

Trevali finds no survivors in refuge chamber

"It is now clear that none of the eight missing workers reached the refuge chamber," Trevali Mining said. 

The zinc mine was impacted by a serious flood on April 16 and has been shut since while a recovery operation for the missing miners was underway. 

"This is devastating news, and we would like to offer our deepest sympathies to our colleagues' families and friends during this difficult time," said Trevali chief executive Ricus Grimbeek. "We will continue our search efforts unabated and reaffirm our commitment to work at full speed to find our colleagues." 

The company said it would provide further details as more information became available. 

Trevali will need to refinance its main debt facility by mid-year, complicated by the shutdown of its Perkoa mine in Burkina Faso after a serious flooding incident that triggered a major fall in its share price.

Shares in the firm on the Toronto Stock Exchange have fallen to C$0.65 from C$1.96 in the last trading session before serious rains caused the the flood event.  

The firm has withdrawn production guidance for Perkoa. 

The Perkoa mine - located in the Sanguie province, about 120 west of Ouagadougou - has a 2,000 tonne per day millinig operation. The mine has been in commercial operation since 2013, currently producing a zinc concentrate

In 2021, Trevali saw zinc production of 316.2 million pounds.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.


Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.


Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.


Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.


Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.