Santacruz Silver Mining has suspended operations at its Rosario Mine in Mexico following the on-site death of one of its workers in an isolated incident.

The incident occurred last week at the development heading at Level 4 of Rosario Mine, located in San Luis Potosi.

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Santacruz Silver president and chief executive officer Arturo Prestamo said: “It is with extreme sadness that we announce this tragic accident. Our deepest sympathies and thoughts go out to this miner's family, friends and co-workers.

"We are investigating the cause of this accident and taking all possible measures to ensure this does not happen in future."

“We strive to have a safe workplace as we take health and safety of our employees with the highest priority. We are investigating with the authorities the cause of this accident and taking all possible measures to ensure this does not happen in the future.”

All operations at the mine were temporarily suspended following the death.

Authorities have been informed and will investigate the cause of the incident.

The company has two silver producing mines in Rosario and Veta Grande, as well as an advanced-stage project at San Felipe, and four exploration properties.