MML 2.41% 85.0¢ medusa mining limited

Analyst repot, page-27

  1. 7,244 Posts.
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    "Annual safety audit completed with no major issues identified.

    GARBAGE.

    You don't keep killing people in your mine and say there are NO major issues. That there statement is what you would expect from previous management. It just means you don't want to do a proper safety audit. Same old same old.

    That statement is an insult to the families of those who died in the mine this year, and tells me all I want to know about the 'new' management!!"

    My first reaction was the same as yours Ozblue but mining - especially underground - is a very risky business and it is quite possible that the company has experienced a run of worse than normal luck. Even with industry leading standards you would not be able to rule out a string of accidents no matter how unlikely they might be. It's easy to be critical but without the facts we can't really know if there were any issues. I can't blame you for your opinion on the matter though and they do need to find ways to improve safety even if there was no previously known safety issues being breached. Any company should attempt to identify issues and make improvements to safety standards after any accident, fatal or not.
 
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