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Monday, October 11, 2010

Chilean Miners days from escape...

Sorry guys, been away for awhile. The only thing worth reporting-- other than the plugging of the BP Oil leak-- is that the Chilean Miners are days away from being free.

This underscores a major problem with deep coal and mineral mining-- the safety issue. I guess there is nothing you can do in Lat-Am Countries, but we should all be concerned about multi-lateral conventions on countries that do not mine with safety.

Perhaps larger countries can impose offshore mining restrictions on their own companies. But, that would hinder their competitiveness. Besides, with globalization so far advanced, large companies from developed countries would just move offshore for good.

But, in any event, glad to see that these miners will be going home.
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