Zijin Mining, etc., claim 170 million

Source: Internet
Author: User
Zijin Mining (601899,SH;02899,HK) last year, the aftermath of the dam-breaking incident has not been flat.  Yesterday (February 15), the company issued a notice, recently received the Guangdong Province Xinyi People's Court notice, learned that "9 21" dam accident victims of the 852 villagers to the incident in the relevant companies to make 170 million yuan claim. According to the bulletin, the defendant, in addition to Zijin Mining and its wholly owned subsidiary Xinyi Purple Gold Mining Co., Ltd. (hereinafter referred to as Xinyi Zijin) and Xinyi Treasure Source Mineral Industry Co., Ltd. (hereinafter referred to as Treasure Source mining), but also include China Alarelin Engineering Technology Co.  Fujian Golden Horse Construction Engineering Co., Ltd. 852 villagers in the indictment said that September 21, 2010, because of the Xinyi Qian Xinyi in Guangdong province, Gao Qi Ridge tailings Dam Dam, the flood and debris flow downstream, resulting in the plaintiff housing, furniture, electrical appliances, household goods and other property was destroyed,  and request the Xinyi People's Court to decree the defendant jointly and severally compensate 852 plaintiff total 170 million yuan, and bear all the lawsuit expenses in this case. December 31, 2010, Zijin Mining has issued a notice, said the Xinyi court has been accepted Xinyi Qian Xinyi Shuang He cun and the village of Da Dong villages in the prosecution Xinyi Zijin, Baoyuan Mining and Zijin mining personal damage compensation dispute case, the claim of 11.678 million yuan.  Zijin Mining and Xinyi Zijin and Baoyuan Mining said they would be sued. In less than two months, however, Zijin mining was again prosecuted by 852 villagers.  In response to this prosecution, Zijin Mining in the bulletin said, although the company is Xinyi Zijin shareholders, but only by this can not become the company to assume the responsibility of the reasons, the company will be based on the progress of the proceedings and the plaintiff further put forward the reason should be sued to defend their legitimate rights and interests.  At the same time, Zijin mining will also request the Xinyi People's court to the Gao Qi Ridge tailings reservoir and Shek Hua Power Station dam caused damage to villagers property further investigation and verification to distinguish responsibility. With the first time last October Zijin mining a huge ticket after the stock instead of trading a similar situation, the face of the claim, still did not affect the company's performance in the capital market. Yesterday, Zijin mining A shares closed 7.59 yuan, or 1.61%;h shares at 6.11 Hong Kong dollar, or 0.16%.

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