are dead and 47 missing after a wall collapsed at Xinjing Coal Industry Co.’s open-pit mine in a remote part of Inner Mongolia.
as companies reopened and expanded smaller mines that, prior to the crisis, had been deemed unnecessary. Among the safety problems at the Xinjing mine, it faced administrative punishment for not having signs for speed limits and crossings on the main road to the pit, and for failing to have a warning sign in a landslide area, according to Fengkuang.
It was forced to stop production in 2015 for not receiving approval to begin construction and for not implementing environmental impact assessment requirements, the consultancy said. As rescue crews continue their search for the remaining missing workers, government officials in Inner Mongolia and neighboring provinces have launched safety inspections to try to prevent more accidents. That may slow production in the first quarter, but the impact is likely to be limited as Beijing continues to prioritize producing enough coal to fuel its economic rebound, according to a note from Citic Futures Co.
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Source: BusinessMirror - 🏆 19. / 59 Read more »