Flooding Worsens at Uralkali’s Solikamsk Mine, Sinkhole Widens

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Flooding Worsens at Uralkali’s Solikamsk Mine, Sinkhole Widens

posted on Feb 06, 2015 11:19PM

Flooding Worsens at Uralkali’s Solikamsk Mine, Sinkhole

Widens...... Some DD for the weekend...enjoy!

“The announcement just confirms what was known anyway -- the mine is rather dead than alive and is likely to be fully flooded, with inflows seen intensifying in spring,” said Raiffeisenbank analyst Konstantin Yuminov. Uralkali assumed the mine was lost when it forecast 2015 output of 10.5 million metric tons, announced in December, he said.

http://www.bloomberg.com/news/articles/2015-02-06/flooding-worsens-at-uralkali-s-solikamsk-mine-sinkhole-widens

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