Latest news with #DarienMaduke
The Market Online
2 days ago
- Business
- The Market Online
All three workers safely rescued after incident at B.C.'s Red Chris Mine
Imperial Metals (TSX:III) confirmed that three workers who were trapped underground following a fall of ground incident at the Red Chris Mine have been safely rescued Kevin Coumbs, Darien Maduke, and Jesse Chubaty — all employees of Hy-Tech Drilling — were brought to the surface after being isolated underground for nearly two days The rescue began after a ground fall incident occurred where the three employees were working more than 500 metres beyond the affected zone Imperial Metals stock (TSX:III) opened trading at C$4.34 An update to a story we brought you on Friday, Imperial Metals (TSX:III) confirmed that three workers who were trapped underground following a fall of ground incident at the Red Chris Mine have been safely rescued. The mine, located in northwest British Columbia and 30 per cent owned by Imperial Metals, is operated by Newmont Corp. (NYSE:NEM). This content has been prepared as part of a partnership with Imperial Metals Corp. and is intended for informational purposes only. Kevin Coumbs, Darien Maduke, and Jesse Chubaty — all employees of Hy-Tech Drilling — were brought to the surface after being isolated underground for nearly two days. The trio had taken shelter in a designated refuge chamber following the incident. In a statement expressing gratitude for the safe outcome, the teams gave their relief in sharing that all three individuals are safe, and in good health and spirits. They had consistent access to food, water, and ventilation whilst they remained in place in a refuge chamber underground over the last two days. They are now being supported by medical and wellness teams. Their families have been notified. A coordinated rescue effort The rescue operation began immediately after the incident occurred late Thursday evening, where at the time of the initial ground fall, the three employees were working more than 500 metres beyond the affected zone. According to Newmont, at approximately 8:30 p.m. PST on July 24, a specialized line-of-sight scoop successfully cleared the debris blocking the access tunnel. Once the area was stabilized, the Emergency Response Team advanced using equipment outfitted with an engineered falling object protective system. Upon reaching the refuge chamber, the team found the three workers in stable condition. They were then escorted to the surface using the same protected equipment. The Red Chris Mine is a significant copper-gold operation in British Columbia's Golden Triangle. The incident has prompted a review of safety protocols, though no further details have been released at this time. Imperial Metals Corp. owns the Mount Polley mine, the Huckleberry mine, and Huckleberry copper mines and the Red Chris copper / gold mine. Imperial Metals stock (TSX:III) opened trading at C$4.34 and has risen 133.52 per cent since the year began. Join the discussion: Find out what the Bullboards are saying about Imperial Metals and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
Miami Herald
5 days ago
- Business
- Miami Herald
Miners trapped underground for 60 hours at remote site in Canada. Now, good news
Three drilling workers have been rescued after spending more than 60 hours trapped underground at a Canadian mine. Two 'fall of ground incidents' occurred on the morning of July 22 at Red Chris Mine in British Columbia, according to a news release from mine operator Newmont Corporation. The first collapse happened while three contractors with Hy-Tech Drilling — Kevin Coumbs, Darien Maduke and Jesse Chubaty — were working about 1,600 feet away, according to the release. They made it to one of several MineARC refuge chambers, but a second collapse soon blocked the access tunnel with debris,the company said. The cave-in covered an area roughly 100 feet long and 26 feet high, trapping the workers and cutting off communication. According to Newmont corporation, the designated safe area where the workers took refuge was not impacted by the collapse and was 'stable and well-ventilated.' 'Following around-the-clock effort' and a 'meticulously executed rescue plan,' the company's specialized line-of-sight scoop cleared the debris from the access tunnel around 8:30 p.m. on July 24, according to the release. The three workers were brought to the surface two hours later. 'We are relieved to share that all three individuals are safe, and in good health and spirits,' Newmont said, adding that the workers'demonstrated the utmost dedication' to safety procedures. 'We will conduct a comprehensive investigation into the incident and will share the lessons learned transparently across the industry,' Newmont said in the release. The Red Chris property, where copper and gold are mined, encompasses 23,142 hectares. The property is in northwestern British Columbia, about 175-miles from Juneau, Alaska.
The Market Online
5 days ago
- Business
- The Market Online
Market Open: TSX Futures Slip as Traders Brace for U.S. Tariff Call
Futures tied to Toronto's main index slipped on Friday as investors watch closely, hoping the United States will hold off on imposing steep import levies. Market Numbers (Futures) TSX : Down ( 0.20%) 27,317.51TSXV: Down (0.19%%) 802.93DOW: Up (0.08%) 44,934.00NASDAQ: Down (0.05%) 23,366.25 FTSE: Down (0.36%) 9,105.15 In the Headlines: Three contractors working for Hy‑Tech Drilling were successfully rescued late Thursday after being trapped for more than 60 hours underground at Newmont Corp.'s Red Chris gold and copper mine in northern British Columbia. The Denver‑based operator said the rescue operation involved drones to assess subsurface conditions and a remote‑controlled scoop to clear a rockfall estimated at 20–30 meters long and nearly eight meters high. Once access was restored, emergency teams reached the MineARC refuge chamber where the workers had consistent access to food, water, and air, and brought them to safety. Newmont described the operation as 'carefully planned and meticulously executed' and noted that all three men, Kevin Coumbs, Darien Maduke, and Jesse Chubaty, were in good health and spirits. The mine's production remains suspended pending a thorough review and independent investigation into the incident. Currencies Update: (Futures) The Canadian dollar sinks over 0.30% to $0.7287 U.S., with the euro also edging down 0.05% to $0.6233, while Bitcoin takes a beating, dropping more than $3,310.66 or 2.04% to C$158,797.10 in a sharp crypto slide. Commodities: (Futures) Natural Gas: Up (1.78%), 3.14WTI: Up (0.60%), 66.43Gold: Down (0.81%), 3,340.92 Copper: Up (0.28%) 6.08 To stay up-to-date on all of your market news head to Join the discussion: Find out what everybody's saying check out the rest of Stockhouse's stock forums and message boards. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here
