Trans-Siberian Gold PLC Report on Tailings Management Facilities (5999J)
20 Agosto 2019 - 08:01AM
UK Regulatory
TIDMTSG
RNS Number : 5999J
Trans-Siberian Gold PLC
20 August 2019
20 August 2019
Trans-Siberian Gold plc
("TSG" or the "Company")
Report on Tailings Management Facilities
Trans-Siberian Gold plc (TSG.LN), a low cost, high grade gold
producer in Russia, has today released a report providing full
disclosure on its tailings storage facilities ('TSF')
management.
This report has been published in response to a request from the
Church of England Pensions Board and Swedish Council on Ethics for
the AP Funds, backed by the UN-supported Principles for Responsible
Investment (PRI) and on behalf of 96 investors in the mining
sector, together representing over $10.3 trillion in assets under
management.
TSG currently manages one TSF at the Asacha Gold Mine in Russia,
which has been in operation since 2011 under management from TSG's
wholly-owned subsidiary ZAO Trevozhnoye Zavevo ('TZ'). To date,
there have not been any tailings-related safety or environmental
incidents at the Asacha Gold Mine.
TSG is fully committed to improving our transparency and
providing stakeholders with full disclosure. We welcome this
request to provide further information about our TSF management and
support the movement towards greater transparency within the metals
and mining sector.
Our report is available for download from the TSG website.
ENDS
Contacts:
TSG
Stewart Dickson +44 (0) 7799 694195
Arden Partners plc
Paul Shackleton (Corporate Finance)
Tim Dainton / Fraser Marshall (Equity Sales) +44 (0) 207 894 7000
Hudson Sandler (Financial PR)
Charlie Jack / Katerina Parker +44 (0) 207 796 4133
About TSG
TSG is focused on low cost, high grade mining operations and
stable gold production from its 100% owned Asacha Gold Mine in Far
East Russia. The Company also holds the licence for the development
and exploration of the Rodnikova deposit, one of the largest gold
fields in South Kamchatka.
Additional information is available from the Company's website:
www.trans-siberiangold.com
Market Abuse Regulations
The information contained within this announcement is deemed by
the Company to constitute inside information as stipulated under
the Market Abuse Regulations (EU) No. 596/2014 ('MAR'). Upon the
publication of this announcement via Regulatory Information Service
('RIS'), this inside information is now considered to be in the
public domain.
Disclaimer
This announcement contains "forward-looking statements" - that
is, statements related to future, not past, events. In this
context, forward-looking statements often address our expected
future business and financial performance, and often contain words
such as "expects," "anticipates," "intends," "plans," "believes,"
"seeks," "should" or "will." Forward-looking statements by their
nature address matters that are, to different degrees, uncertain.
For us, uncertainties arise from the behaviour of financial and
metals markets, fluctuations in interest and/or exchange rates and
metal prices; and from numerous other matters of national, regional
and global scale, including those of a political, economic,
business, competitive or regulatory nature. These uncertainties may
cause our actual future results to be materially different that
those expressed in our forward-looking statements.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
MSCEASPEALENEEF
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August 20, 2019 02:01 ET (06:01 GMT)
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