Serious lag of leakage accident in copper mine

Because of the serious lag in the information disclosure of the leakage accident of copper mine, Zijin mining is receiving special verification from the Fujian Regulatory Bureau of the SFC. Zijin Mining This announcement, the company on July 14 received a notice of the CSRC Fujian Supervision Bureau, will be the company in Fujian Shanghang County Zijinshan copper mine wet sewage pool burst leakage environmental accident information disclosure issues for special verification.　　It is understood that the current Fujian regulatory authority related staff have reached the ground Hangzhou to understand the situation. In fact, the company's disclosure of the incident has been questioned. July 12, Zijin Mining suffered an emergency suspension. The company disclosed the leakage accident of the copper mine at night. According to the announcement content, due to strong rainfall at high water level operation, July 3, 2010 15:50, the plant sewage pool water level abnormal decline, the pool of acidic copper-containing sewage leakage, partly through 227 underground drainage culvert into the tingjiang, resulting in some of the water quality of Tingjiang part of the river is contaminated.　　However, the disclosure time distance of the incident has been delayed for a full nine days, during which the company's shares have been trading normally.　　According to our correspondent understand, Zijin Mining has executives said the reason will be delayed disclosure, the beginning of the company thought it was just a small problem, small accident, to think simple, also do not want to expand the impact of the incident, and finally found that the big problem, it is too late. However, according to the guidelines on the disclosure of environmental information of listed companies in Shanghai Stock Exchange, the listed companies have significant events related to environmental protection and may have a greater impact on their stock and derivative prices, and should disclose the events and the possible impact on the operation of the company within two days from the date of the incident. And this event not only produces a great deal of environmental pollution, and is located in the Zijin mining headquarters in Shanghang, Fujian province, is the Zijin mining's largest copper mine, is the Zijin mining industry, one of the profit center, the event on the economic interests of listed companies also have an impact.