Tags: china | tibet | mine | accident

China Gold’s Tibetan Mine Accident Death Toll Rises to 21

Image: China Gold’s Tibetan Mine Accident Death Toll Rises to 21 Rescuers with excavators search for 83 buried mine workers at the site of a landslide in Maizhokunggar County of Lhasa, China, on March 30, 2013 in Lhasa, China.

Monday, 01 Apr 2013 04:04 AM

BEIJING — The death toll from a landslide at a mine owned by a unit of China National Gold Group in Tibet has risen to 21 people, with another 62 still missing, China National Radio said.

The landslide struck a workers’ camp at the Jiama copper mine in Maizhokunggar county, about 68 kilometers (42 miles) from the regional capital Lhasa, at about 6 a.m. on March 29, burying 83 workers, according to the official Xinhua News Agency.

The State Administration of Work Safety has started an investigation into the cause of the landslide, Xinhua reported yesterday, citing its head Yang Dongliang.

The fatalities follow three deaths in January at a copper mine in the eastern province of Fujian owned by Zijin Mining Group Co., China’s third-biggest gold producer by output.

China’s history of mining incidents includes the world’s worst safety record at its coal mines, which saw 1,973 people killed in accidents in 2011 and 2,433 the year before that, according to the State Administration of Work Safety.

China Gold International Resources Corp., a Hong Kong- traded unit of China National Gold, owns the Jiama mine. Three calls to the mobile phone of Wu Zhanming, senior vice president of China Gold International, went unanswered.

China Gold International closed up 1.3 percent at HK$28.35 on March 28.

Trading was halted March 29 and Monday because of a public holiday. Zhongjin Gold Co. Ltd., China National Gold’s publicly traded unit in Shanghai, declined as much as 4.7 percent to 13.55 yuan in Shanghai Monday, the lowest level in almost a year.

The stock was at 13.81 yuan as of 1:14 p.m. local time, while the benchmark Shanghai Composite Index was barely changed.

Beijing-based China National Gold’s President Sun Zhaoxue held an emergency meeting at the mine site on March 30, the company said on its website Sunday. More than 3,000 soldiers and over 30 piece of construction machinery have been used to find the buried miners in the debris, Xinhua said.

Around 2 million cubic meters of rock and earth was set loose by the landslide, Xinhua said, citing Li Yuelin, a rescue expert from northwestern Gansu Province.

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