Business of Mining

The news broke of Chilean miners trapped some 700 meters underground as their mine shaft collapsed around them and trapping them as a result. 33 miners then were given the bleak news that it would not be until December that an alternative escape route could be dug and be rescued. Despite this dismal news the 33 miners all Chilean bar one of Bolivian background remain cheerful with their families camped above ground living on the makeshift tents ‘Camp Hope’.

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Bhopal, BP and Black Gold

There has been deluge of news concerning the recent deep water drilling disaster in the Gulf of Mexico for which BP has been held responsible. A remarkable turnaround in the fortunes of the company, where its value in the eyes of market investors have more than halved since April this year. As one of four giants of heavy carbon producers of the Oil industry, it is now reputed to be a sitting duck as a takeover target.

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