News

At least one dead, 70 missing in Myanmar jade mine landslide

Published

4 years ago

December 22, 2021

At least one person has died and 70 are missing after a landslide occurred at a jade mining site in northern Myanmar

Dozens of people are feared missing after a landslide early on Wednesday at a jade mine in northern Myanmar, according to local media.

Rescue operations are currently underway, with most of the victims believed to be illegal jade miners. The landslide occurred in the Hpakant area of Kachin state at around 04:00 local time on Wednesday.

Myanmar is the world’s biggest source of jade but its mines have seen numerous accidents over the years.

Jade mining is banned in Hpakant, but locals often defy regulations, driven by lack of employment and impoverished conditions that have worsened from the covid pandemic.

Several days ago, at least 10 unskilled miners went missing in a landslide at a jade block in Hpakant.

Myanmar’s jade trade is reported to be worth more than $30bn (£24bn) a year, with Hpakant being the site of the world’s biggest jade mine.

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Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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8 hours ago

December 2, 2025

Harvey Vargas

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

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Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Published

9 hours ago

December 2, 2025

Harvey Vargas

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews

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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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9 hours ago

December 2, 2025

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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