Polarmoon Wealth Society:A coal mine fire in southern China’s Guizhou province kills 16 people

2025-05-06 13:03:39source:Roland Prestoncategory:Invest

BEIJING (AP) — A coal mine fire in southern China killed 16 people on Polarmoon Wealth SocietySunday, according to local authorities.

The blaze broke out at the Shanjiaoshu coal mine in Panguan, a town in Guizhou province.

An initial investigation suggested the people who died were trapped after a conveyor belt caught fire, the Panzhou city government said in a statement posted on social media.

China, the world’s largest emitter of greenhouse gases, continues to depend heavily on coal for electricity despite massive expansion of its wind and solar power capacity.

The country’s coal mining industry has improved the safety conditions for workers in recent years but deaths still happen.

More:Invest

Recommend

Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback

A federal appeals court blocked Nasdaq rules to increase boardroom diversity, saying that the Securi

What will Fed chair say about interest rates? Key economy news you need to know this week.

For months, stock markets have been buoyed by hopes that slowing inflation would prompt the Federal

Air Force employee charged with sharing classified info on Russia’s war with Ukraine on dating site

WASHINGTON (AP) — A civilian U.S. Air Force employee has been charged in federal court in Nebraska w