Mining Accident
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Freeport Updates on PT Freeport Indonesia Operations
A mud rush at Freeport-McMoRan’s Grasberg Block Cave mine in Indonesia on September 8 resulted in the tragic loss of seven team members, confirmed on October 5. Mining operations are suspended pending an investigation involving external experts, expected by year-end 2025. The incident, involving approximately 800,000 metric tons of material, impacted multiple levels of the mine. Production disruption at the major copper mine raises market concerns. The company faces scrutiny and potential financial impact.
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Yu Minhong Announces One-Day Suspension of Livestreaming for Oriental Selection Accounts: In Mourning of Six Young Lives Lost in Northeastern University Tragedy
Yu Minhong announced the suspension of New Oriental’s livestreaming channels “Oriental Select Looking at the World” and “Yu Ni Tong Xing” for July 25th. This is to mourn the tragic deaths of six Northeastern University students who fell into a flotation tank at a copper-molybdenum mine on July 23rd. An instructor was also injured. Investigations reveal a possible deviation from the designated tour path and a lack of specific safety protocols for the large group visit.
