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    China’s Zijin Mining makes payout over deadly dam collapse

    Written by Investing News Network
    |
    Dec. 28, 2010 06:48AM PST

    AFP.com reports that China’s Zijin Mining said it would pay out about 7.5 million US dollars to assist victims of a tin mine collapse.

    AFP.com reports that China’s Zijin Mining said it would pay out about 7.5 million US dollars to assist victims of a tin mine collapse.

    The story is quoted as saying:

    It said Tuesday it accepted a provincial government report finding it and Xinyi Zijin responsible for the fatal dam collapse due to safety and construction violations, which were aggravated by a typhoon.

    To access the full story, click here.

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