Posts Tagged: it’s the right thing to do
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Chilean Government To Bail Out Mining Company–Or At Least Its Miners

Here is the first video of the 33 miners trapped in a collapsed gold and copper mine in Chile-where they will be for the next three or so months. Apparently the company that owns the gold mine is nearly bankrupt: "San Esteban is in such bad shape that it has neither the equipment nor the money to rescue the men; Chile's state-owned mining company is going to drill the escape tunnel, which will cost about $1.7 million…. On Thursday, the first of many expected lawsuits against San Esteban and the government were filed, and a judge ordered the retention of $1.8 million of company money in [...]