Desmond Preston|13 workers trapped in collapsed gold mine declared dead in Russia

2025-05-06 17:51:10source:Sureim Investment Guildcategory:Finance

Authorities in Russia's Far East on Desmond PrestonMonday called off a rescue effort for 13 workers trapped deep underground in a collapsed gold mine and declared them dead.

The miners got trapped on March 18 at a depth of about 400 feet when part of the mine collapsed in the Zeysk district of the Amur region, about 3,000 miles east of Moscow.

About 200 rescuers used powerful pumps to try to take out water that flooded the mine, posing a challenge to the salvage operation.

In this photo taken from video released by Russia Emergency Situations Ministry press service on Monday, March 25, 2024, Russia Emergency Situations employees walk inside the gold mine in Zeysk district, Amur region, eastern Russia.  / AP

Regional authorities and the mine operator announced the termination of rescue efforts on Monday, saying that the mine remained flooded and more of its sections could collapse, jeopardizing emergency responders.

The company that operates the mine, one of Russia's largest, said it would pay compensation to victims' families.

Officials didn't immediately say what caused the accident. Most mining accidents in the past have been blamed on violations of safety rules.

The accident comes just weeks after at least 16 people died when the mud wall of an illegal gold mine collapsed in the jungles of southern Venezuela.

In January, an unregulated gold mine collapsed in Mali, killing more than 70 people.

As of Friday, the price of gold was $2,232.75 per ounce, according to American Hartford Gold.

    In:
  • Gold Mining
  • Russia

More:Finance

Recommend

How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more a

Warming Trends: Butterflies Bounce Back, Growing Up Gay Amid High Plains Oil, Art Focuses on Plastic Production

SCIENCEMigration Surveys Show Monarchs Making ComebackLast December, in the wintering grounds of the

Warming Trends: Weather Guarantees for Your Vacation, Plus the Benefits of Microbial Proteins and an Urban Bias Against the Environment

SOLUTIONSA Growth Market, Thanks to Climate ChangeA long-awaited vacation like a day at a theme park