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Coronado Reports Fatal Incident at Logan Mine, Suspends Operations for Investigation

Story Highlights
  • Coronado Global Resources reported a worker fatality at its Logan coal mining complex in West Virginia.
  • The Lower War Eagle mine has been temporarily shut for investigations, with limited expected impact on overall operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Coronado Reports Fatal Incident at Logan Mine, Suspends Operations for Investigation

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Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ) has shared an update.

Coronado Global Resources has reported a fatal incident involving an employee at its Logan mining complex in West Virginia, prompting an immediate response and cooperation with authorities to determine the cause while offering condolences to the worker’s family, friends and colleagues. Operations at the Lower War Eagle mine have been temporarily suspended to facilitate investigations and to support affected staff with counselling services, with the company stating it does not expect the halt in mining activities at this site to have a material impact on its overall operations.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh stock, see the AU:CRN Stock Forecast page.

More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh

Coronado Global Resources Inc. is an ASX-listed coal mining company with operations including the Logan mining complex in West Virginia, United States, supplying metallurgical coal to global steelmaking markets.

Average Trading Volume: 9,695,203

Technical Sentiment Signal: Sell

Current Market Cap: A$528.1M

For detailed information about CRN stock, go to TipRanks’ Stock Analysis page.

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