Yantai Mujin Subsidiary of Persistence Resources Halts Operations After Mine Accident

Reuters

07/28

Yantai Mujin Subsidiary of Persistence Resources Halts Operations After Mine Accident

Persistence Resources Group Ltd.'s subsidiary, Yantai City Mujin Mining Company Limited, has suspended operations at its Denggezhuang Underground Mine (DGZ Mine) following a tragic accident. A worker was fatally injured by loose rock during a risk removal operation. In response, the Shandong Provincial Emergency Management Department and the Shandong Bureau of the State Mine Safety Supervision Administration have ordered a halt to production and the temporary withholding of relevant licenses. An investigation team is being assembled to uncover the cause of the incident. The Group is cooperating fully with authorities and is implementing necessary safety measures at the site. The company expressed condolences to the affected family and is providing support during this challenging time.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Persistence Resources Group Ltd. published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.

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A worker was fatally injured by loose rock during a risk removal operation. In response, the Shandong Provincial Emergency Management Department and the Shandong Bureau of the State Mine Safety Supervision Administration have ordered a halt to production and the temporary withholding of relevant licenses. An investigation team is being assembled to uncover the cause of the incident. The Group is cooperating fully with authorities and is implementing necessary safety measures at the site. The company expressed condolences to the affected family and is providing support during this challenging time.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Persistence Resources Group Ltd. published the original content used to generate this news brief on July 28, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1198","symbol_name":"黄金","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250728:nNDL78WZhD:1","article_id":"2554721977","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2554721977","pubTimestamp":1753691844,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Persistence Resources Group Ltd.'s subsidiary, Yantai City Mujin Mining Company Limited, has suspended operations at its Denggezhuang Underground Mine  following a tragic accident. 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An investigation team is being assembled to uncover the cause of the incident. The Group is cooperating fully with authorities and is implementing necessary safety measures at the site. The company expressed condolences to the affected family and is providing support during this challenging time.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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