
There are 80 confirmed missing in a massive slide in the Himalaya Mountains of Tibet. The slide roared down the mountainside where a reputed 10 000 workers were resting. Friday saw part of the mountainside collapse.
As of Saturday, one body had been recovered. The massive rescue mission includes sniffer dogs and about 3 000 personnel.
“The miners worked for Huatailong Mining Development. The company is a subsidiary of the Vancouver-based China Gold International Resources Corp. Ltd (TSX: CGG), whose controlling shareholder is the China National Gold Group Corp., a state-owned enterprise and China's largest gold producer.” CBC News
The mining activities in the Tibetan Plateau have been criticised by many in Tibet, often at their peril. Not only is the wealth from the minerals transferred to Beijing, they maintain, but the mining practises are befouling the environment, dislocating herders and desecrating holy sites.
Coal mines in the PRC have often made world news due to their frequent accidents resulting in deaths. Canada recently had a brush with a Chinese mining company when a mine owned by a Chinese company in Northern BC imported Chinese workers to be employed in the workings. Pressure from the public and from the relatively strong unions here, eventually forced the foreign company to repatriate about 200 workers back to China.
The price for gold on today’s markets is pegged at $1591.75 US per ounce. With prices like that and uncertainty in the paper money markets, gold mining around the world has taken a turn unmatched since the gold rush days of the Klondike.

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