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MINING COMPANY TO ABANDON MINE DAMAGED IN 2005 EXPLOSION.

SourceMex Economic News & Analysis on Mexico, January, 2007

Grupo Mexico is planning to permanently shut down the infamous Pasta de Conchos coal mine in Coahuila state, the site of a major explosion in February 2005 that claimed 65 lives. The decision comes as the company faces sanctions from the Coahuila state government and a new joint investigation by the federal government and a congressional committee.

The underground explosion, which is thought to have resulted from poor ventilation, collapsed a large portion of the facility. That destruction, along with the constant presence of toxic gases, has prevented authorities from retrieving the bodies of the victims. Only two of the 65 bodies have been recovered since the explosion. The body of one victim was recovered in late December 2006, following the recovery of...

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