| China's government says
it has closed about 24-hundred coal mines for safety violations this
year and will start requiring mines to post safety bonds.
Official state media report that Chinese (State Administration of Coal
Mine Work Safety) safety officials will require all coal mines to pay
deposits of up to 740-thousand dollars as guarantees against accidents.
The media said the deposit money will vary depending on production.
The money will be held to pay for rescue efforts and compensation to
victims.
Authorities say nearly 13-thousand coal mines were ordered to suspend
operations due to safety issues this year.
China's coal mines are the world's deadliest, with more than five-thousand
deaths reported every year in fires, floods and other disasters.
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