Five die in Chilean mine

Five workers have died in an accident at Anglo American‘s (AAUK-Q) El Soldado copper mine in central Chile.

The miners were killed after water burst from an underground piping system in a tunnel used to haul ore from an open pit to a processing plant. The subsequent deluge forced Anglo to shut down the area and invoke emergency measures.

The workers were employed by a local Chilean contractor used by Anglo American. The accident halted transport of ore at the mine, but the processing plant will continue to operate by using stockpiled ore.

A company spokesman says the accident is not likely to affect copper production. Last year, El Soldado produced 64,000 tonnes copper.

Anglo American reported pretax profits of US$1.3 billion for the first half of 2004 on the back of spiralling prices for copper, nickel and zinc.

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