Copying and distributing are prohibited without permission of the publisher

Hsikwangshan Twinkling Star suspends mining after accident

October 08, 2009 - 16:52 GMT Location: London

KEYWORDS: clementine , Hsikwangshan Twinkling Star , antimony

Production has been suspended at Hsikwangshan Twinkling Star’s underground antimony mines in China’s Hunan province following an accident on Thursday that killed 26 people, market sources have told MB

“The accident was at Hsikwangshan’s main mine and all underground mining has been stopped,” said one source, speculating that other mining activity could also be affected in Hunan. The accident happened after the brakes in two lifts in the mine malfunctioned, according to reports from www.chinaview.cn. An investigation into the accident is underway,...

All material subject to strictly enforced copyright laws. © Euromoney Institutional Investor PLC.

Please log in using your online subscriber details.
Your username will be your registered email address with Metal Bulletin.

If you aren't a subscriber yet, feel free to take a seven day free trial, or subscribe using the instructions below.

A standard subscription include one year's worth of news and prices. You can also upgrade to the full archive and benefit from more than 13 years of intelligence. Start your subscription today.

Free trial

Taking a free trial will give you open access to Metal Bulletin online news, prices, archived content and email alert service for the next seven days. Start your free trial today.

Free trial

Already have an account?

Minor & Precious Metals

May 23, 2012 17:01 MB NON-FERROUS PRICE CHANGES
May 23, 2012 15:47 Ferro-titanium prices dwindle as suppliers lower ambitions
May 23, 2012 14:19 Selenium prices drop as China, India put pressure on market
May 23, 2012 12:59 China's bismuth price rebound proves short-lived
May 23, 2012 12:53 Selenium price drop accelerates in China

Comment & analysis

EXPERT VIEW FROM ERNST & YOUNG: Horror week favours the brave

Seven days is a long time in the investment world, but last week must have felt longer than most.
COMMENT: When super-cycle poster child BHP Billiton trims its plans...

BHP Billiton is one of the poster children for the commodities super-cycle: a mining company whose immense upstream assets in copper and iron ore have fed the industrialisation of China since the early years of the 21st century and enabled it to return $52 billion to shareholders between 2001 and 2011.
LORD COPPER: There is nothing to fear after JP Morgan loss ...

So, here we go again. Another bank, another huge trade gone bad. This one doesn’t even appear to have been a case of rogue trading; a whole desk seems to have been operating with the full knowledge of the management and/or risk committee.