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THE PITS
18 miners dead in China accident: govt
by Staff Writers
Beijing (AFP) Aug 19, 2008


Eighteen miners are confirmed dead after a gas explosion ripped through a coal mine in northeast China, the State Administration of Work Safety said Tuesday.

The accident happened Monday at Baijiagou Coal Mine in Faku county, Liaoning province, the safety agency said in a brief statement.

It said 81 miners were in the mine at the time of the blast, with 56 escaping unhurt and seven still missing.

China's coal mines are among the most dangerous in the world, with safety standards often ignored in the quest for profits and the drive to meet demand for coal -- source of about 70 percent of the country's energy.

Nearly 3,800 people died in Chinese coal mines last year, according to official figures, although independent monitors say the real figure was likely far higher as many accidents are covered up.

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THE PITS
China to hike export tax on coke, coking coal: govt
Beijing (AFP) Aug 18, 2008
China will raise export taxes on coking coal and coke from Wednesday, the government said, in the latest attempt to address growing domestic energy shortages. Export taxes on coking coal will be doubled to 10 percent while taxes on coke will be raised to 40 percent from 25 percent, the finance ministry said in a statement. China will also levy a temporary 15 percent tax on aluminium ... read more


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