The collapse occurred at the Big Gossan underground mine, about a kilometer away from Grasberg.
For the time being, Krebs said a focus will be placed on the 108 clavo in the underground mine.
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The company has been in South Africa for about 10 years and is beginning surface infrastructure for the underground mine.
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"As we finalised all the details of the project in the context of current market conditions, it became clear that the right decision was to continue studies to develop a less capital intensive option to replace the underground mine at Olympic Dam, " said BHP chief executive Marius Kloppers.
Several times a year a cruise line photographer shoots footage of the underground gold mine for its brochures and promo videos.
The mine's underground equipment, which Cleveland Potash general manager Phil Baines described as "aged", will also be modernised.
Mining firm Freeport said at least four miners were rescued at its Grasberg mine after an underground tunnel collapsed early on Tuesday.
Mineral extracted at the mine would be transferred underground for processing on Teesside about 35 miles (56km) away.
Today, the library--one of the largest television collections in history--is stored 54 stories underground in a climate-controlled salt mine near Kansas City, Kan.
An effort to send rescuers through the collapsed mine tunnel to attempt an underground rescue was suspended last week, after a new cave-in killed three rescuers and injured six others.
The ordeal stirred memories of a 2010 Chilean mine collapse in which 33 men were trapped underground for 69 days.
PERTH, Australia (AP) Up to 15 miners were fired from their high-paying jobs in an Australian gold mine after a "Harlem Shake" performance underground was deemed a safety hazard, a newspaper reported on Monday.
Meanwhile, it keeps its players entertained with new updates, 40 ways to play the game, 300 levels and three new brand installments: Angry Birds Seasons, Angry Birds Rio and the soon-to-be-revealed Mine and Dine (a new game that features its grubbing pigs and plump birds underground).
Pike River Mine Chief Executive Peter Whittall said the latest tests had shown there was still heat being given off underground.
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