Gold

Reuters reported that at least 25 people are dead following the collapse of a gold mine in the Central African Republic. The mine is owned by Axmin Inc. (TSXV:AXM), but was taken over by rebels last year.

Reuters reported that at least 25 people are dead following the collapse of a gold mine in the Central African Republic. The mine is owned by Axmin Inc. (TSXV:AXM), but was taken over by rebels last year.

As quoted in the market news:

At least 27 artisanal miners were buried in the collapse of the mine on Thursday and 25 bodies have been retrieved, Ahmat Negat, the rebel group’s spokesman, said.

The mine collapse is the latest setback for the country, which has been beset by sectarian violence between the Seleka and Christian militia for over a year.

Click here to read the full Reuters report.

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