Sandstorm Metals & Energy Ltd STTYF

interesting news for ...........

[Kewl2]

our coal revenue streams..........................

China shuts down 1,289 illegal coal mines

https://www.chinamining.org/News/2011-08-26/1314325122d48980.html

As of the end of July, work safety authorities had shut down 1,289 coal mines in the nationwide crackdown on illegal production at coal mines, Zhao Tiechui, deputy head of the State Administration of Work Safety, said on Thursday at a conference in Shuozhou, Shanxi province, to promote mine safety systems.

A total of 86 people had been arrested on criminal charges related to mine safety, he added.

The death toll from coal mine accidents dropped 31 percent to 1,083 nationwide in the first seven months of this year from a year ago, Zhao said.

The number of coal mine mishaps fell 20.4 percent to 673, he said.

[cardshark1]

FYI ,more promises on the way...China has promised to close 6,000 collieries over the next two years as it battles to improve safety in the world's deadliest mines.More than a third of the country's coal pits would shut by the end of 2010, said the vice-premier, Zhang Dejiang. The closures would leave China with fewer than 10,000 coalmines.The country is the world's largest