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Chile rescues last of the trapped miners
By Michael Warren
Associated Press
via Yahoo News
Wednesday, October 13, 2010
http://news.yahoo.com/s/ap/lt_chile_mine_collapse
SAN JOSE MINE, Chile -- The last of the Chilean miners, the foreman who held them together when they were feared lost, was raised from the depths of the earth Wednesday night -- a joyous ending to a 69-day ordeal that riveted the world. No one has ever been trapped so long and survived.
Luis Urzua ascended smoothly through 2,000 feet of rock, completing a 22 1/2-hour rescue operation that unfolded with remarkable speed and flawless execution. Before a crowd of about 2,000 people he became the 33rd miner to be rescued.
The rescue workers who talked the men through the final hours still had to be hoisted to the surface.
When Urzua stepped out of the capsule, he hugged Chilean President Sebastian Pinera and shook hands with him and said they had prevailed over difficult circumstances. With the last miner by his side, the president led the crowd in singing the national anthem.
One by one throughout the day, the men had emerged to the cheers of exuberant Chileans and before the eyes of a transfixed globe. The operation picked up speed as the day went on, but each miner was greeted with the same boisterous applause from rescuers.
"Welcome to life," Pinera told Victor Segvia, the 15th miner out. On a day of superlatives, it seemed no overstatement.
They rejoined a world intensely curious about their ordeal, and certain to offer fame and jobs. Previously unimaginable riches awaited men who had risked their lives going into the unstable gold and copper mine for about $1,600 a month. ...
Prophecy to Become Coal Producer This Year
with 1.5 Billion Tonnes of Resource
Prophecy Resource Corp. (TSX.V: PCY) announced on May 11 that it has entered into a mine services agreement with Leighton Asia Ltd. to begin coal production this year. Production will begin with a 250,000-tonne starter pit as planned in August, with production advancing to 2 million tonnes per year in 2011. Prophecy is fully funded to production and its management team includes John Morganti, Arnold Armstrong, and Rob McEwen.
For Prophecy's complete press release about its production plans, please visit:
http://www.prophecyresource.com/news_2010_may11.php
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Sona Resources Expects Positive Cash Flow from Blackdome,
Plans Aggressive Exploration of Elizabeth Gold Property
On May 18, 2010, Sona Resources Corp. (TSXV: SYS, Frankfurt: QS7) announced the release of a preliminary economic assessment for gold production at its flagship Blackdome and Elizabeth properties in British Columbia.
Sona Executive Chairman Nick Ferris says: "We view this as a baseline scenario for gold production. The project is highly sensitive to the price of gold. A conservative valuation of gold at $1,093 per ounce would result in a pre-tax cash flow of $54 million. The assessment indicates that underground mining at the two sites would recover 183,600 ounces of gold and 62,500 ounces of silver. Permitting and infrastructure are already in place for processing ore at the Blackdome mill, with a 200-tonne per day throughput over an eight-year mine life. Our near-term goal is to continue aggressive exploration at Elizabeth and develop a million-plus-ounce gold resource, commencing production in 2013."
For complete information on Sona Resources Corp. please visit: www.SonaResources.com
