Red-Hot Resources

"Luck is not chance, it’s toil; fortune’s expensive smile is earned.”

Sunday, June 10, 2007

The Great Flood of China

On the other side of the world, China is experiencing serious flooding,and rivers -- which were parched by drought just last week -- are reaching their highest levels in 20 years ...

Half of China on flood alert as rainstorms plague millions

Millions of people are suffering and at least 23 have been reported dead as violent rainstorms plague nearly half of the provinces in China. Relentless rainfall is now in its fourth successive day in central Hunan Province, affecting more than one million people in 11 cities and counties, sources with the provincial government said at a flood control meeting on Saturday. The rain has left three people dead, one missing and 158,000 homeless, the Ministry of Civil Affairs reported on Friday.

My friend Tom wonders: How will this impact the mines in these areas? Good question, Tom.

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