Take physic, pomp

So what makes you think mining in Peru is dangerous, Otto?

Oh, just a suspicion of mine, y’know.

Align Center(click to enlarge)

Here’s the monthly totals for deaths in mines in Peru for this decade. Jawdroppingly, you have to go back to September of the year 2000 before you find a month that saw no fatalities in the country’s mining industry. If you count ’em up, it’s 608 deaths so far.

This is one of the things that concerns mining operators in serious countries, I mean, take a look at any regulatory report from (for example) an Australian miner and they’re always very proud (and rightly so) of a “zero accident” period and a high accident level will cause serious fingers to be wagged at them…and that’s just for injuries; they get a bunch of fatalities on their books and they’re toast.

But hey…Peru…buncha small brown people underground….who gives a shit, right?

Hey, I got me a great idea, dude! Let’s treat the workforce like crud, make ourselves into millionaires and brainwash them into believing that freemarket capitalism is the only way to achieve Freedom™.

Viva investment grade. Viva, viva, viva.

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