InfoAnda - China's Zijin 'ignored warnings' over mine waste water

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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World China's Zijin 'ignored warnings' over mine waste water AFP - 1 hour 35 minutes ago Send IM Story Print China's Zijin 'ignored warnings' over mine waste water Slideshow: Full Photo Coverage: Business & Economy BEIJING (AFP) - – Shares in China's top gold producer Zijin Mining Group fell Monday after a probe found it ignored warnings over excessive waste water discharge at a mine where a toxic spill occurred early this month. Zijin published the results of the government investigation on Friday as a sludge pond at the company's copper mine in Fujian province sprang another leak and more officials were punished over the original mishap on July 3. The probe found that the company, China's third-largest copper producer, had ignored a government warning in September 2009 which said the volume of waste water entering the Ting river was too high and repair work was needed. The company also failed to heed warnings to repair an automatic online water quality monitoring system located downstream from the plant, which would have detected the increasing volume of waste water flowing into the river. The first leak, which Zijin initially said was the result of heavy rains, contaminated the Ting -- a major waterway in the southeast of the country -- and killed off nearly 1,900 tonnes of fish, reports have said. Investigators later found that the 9,100 cubic metres of waste water escaped from the sludge pond through an "illegally built passage" into the river. A further 500 cubic metres of waste water seeped into the Ting late Friday, but the leak was quickly contained, the China Daily said Monday, citing company sources. Shanghai-listed shares in Zijin fell 1.15 percent to 5.16 yuan on Monday, while the broader market was up in morning trade. Zijin has pledged to pay compensation to fish farmers who were affected. Production at the mine has been suspended. Zijin has confirmed that police have detained three executives over the spill. Three local officials have been sacked, and the head of the county government has been suspended pending further investigation, state media said. The Ministry of Environmental Protection and local authorities have ordered Zijin to make modifications at the copper mine to prevent further leakage, the government said last week. Years of unbridled economic growth have left most of China's lakes and rivers heavily polluted. More than 200 million Chinese currently do not have access to safe drinking water, according to government data. Recommend Send IM Story Print Related Articles MMK Q2 crude steel output up 9 pct q/q Reuters - 24 minutes ago US-BUSINESS Summary Reuters - 24 minutes ago Airbus and Boeing to bare teeth at Farnborough Reuters - 24 minutes ago Polymetal production soars, reiterates forecasts Reuters - 25 minutes ago China search market grows 53 pct in Q2 -research Reuters - 30 minutes ago News Search Top Stories Philips report big profit on cosumer electronics Boeing, Airbus await orders at Farnborough show Boeing's Dreamliner completes first flight outside US Funding crisis darkens mood at AIDS forum World AIDS conference opens to demo, call for funds More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Paris Hilton caught with cannabis in handbag World pays tribute to Mandela at 92 Boeing's Dreamliner completes first flight outside US Airbus will not cut price to win US tanker bid: EADS Emirates Airline to order over 30 Boeing 777s: report More Most Viewed » Reclusive top mathematician turns down prize, again Paris Hilton caught with cannabis in handbag Germany's 'Octopus oracle' keeps perfect record Who's right - the dolphin or the octopus? 3 Russian spy suspects due in US court More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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