New Photo - Miyu Yamashita of Japan wins the Women's British Open for her first major title

Miyu Yamashita of Japan wins the Women's British Open for her first major title August 3, 2025 at 6:49 PM 1 / 5Britain Golf Women's OpenMiyu Yamashita of Japan poses with her trophy after winning the Women's British Open golf championship, at Royal Porthcawl Golf Club in Porthcawl, Wales, Sunday, Au...

- - Miyu Yamashita of Japan wins the Women's British Open for her first major title

August 3, 2025 at 6:49 PM

1 / 5Britain Golf Women's OpenMiyu Yamashita of Japan poses with her trophy after winning the Women's British Open golf championship, at Royal Porthcawl Golf Club in Porthcawl, Wales, Sunday, Aug. 3, 2025. (AP Photo/Kin Cheung)

PORTHCAWL, Wales (AP) — Miyu Yamashita of Japan captured her first major title Sunday when she withstood a charge by Charley Hull by not making a bogey until the outcome of the Women's British Open was no longer in doubt. She closed with a 2-under 70 for a two-shot victory.

Yamashita holed two big par putts on the back nine at Royal Porthcawl, the last one when Hull had closed to within one shot of the lead.

Her final test was the 401-yard 16th, one of the toughest on the course. Yamashita, who turned 24 on Saturday, drilled her drive down the middle and found the green, nearly holing a 45-foot putt. That gave her a three-shot lead with two holes to play.

Her final act was a tap-in for par to finish on 11-under 277, and she raised both arms to celebrate. Yamashita wiped away tears as she headed to the scoring trailer.

"To be part of such a moment in history is something very, very special," Yamashita said through an interpreter at the trophy presentation.

Hull gave it her best shot. She started the final round three shots behind, made three birdies in a four-hole stretch to get into the mix and then holed a 20-foot birdie on the 14th to get within one shot of the lead.

Behind her on the course, Yamashita hit into a bunker off the tee at the par-5 13th, blasted out and still had a long way for her third, missing the green to the left. She chipped weakly to 18 feet and buried the par putt.

She also poured in an 8-foot par putt to stay at 12 under, right after Hull got to 11 under.

The English star blinked first. Hull didn't get any help from the wind on her tee shot on the 16th, which found a pot bunker and left her no chance of reaching the green. Her third shot bounded off the back of the green, and she had to make a 20-footer to escape with bogey.

Hull runner-up again

Hull bogeyed the 17th, and her chances were done. She closed with a 69 and finished as a runner-up in a major for the fourth time. Minami Katsu was never seriously in the mix, but her closing birdie gave her a 69 to tie for second.

"I felt pretty good about how I fought back over the weekend," said Hull, who was 11 shots behind after two rounds.

"I don't feel like I've actually mucked it up by mishitting any shots, which I think everybody can probably agree, you know what I mean? Like I played so solid."

A Lim Kim, the 2020 U.S. Women's Open champion, hit wedge to 5 feet for birdie on the second hole to tie Yamashita for the lead. But she made a series of blunders, starting with a three-putt on the third hole, and fell back. She had six bogeys in her round of 73 and tied for fourth with Rio Takeda (71).

"I love the challenge because still now a little pain in my heart, but that is good motivation for me," Kim said. "So I'm going to keep working on it."

Japan's success

Four players from Japan now have won the last nine majors in women's golf, and this was the second year there were two Japanese major champions. Mao Saigo won the first major at the Chevron Championship. Ayaka Furue (Evian Championship) and Yuka Saso (U.S. Women's Open) won majors last year.

Yamashita became a first-time winner on the LPGA Tour, extending a streak in which there has not been a multiple winner through 20 tournaments to start the year.

There also is likely a change in the world ranking. Nelly Korda closed with a 75, and projections indicate she will fall to No. 2 behind Jeeno Thitikul. Korda had been No. 1 since March 2024. She tied for 36th and now has gone 14 tournaments without a win dating to last November.

This would be the second time Thitikul is No. 1 in the women's world ranking. She also was No. 1 for two weeks in the fall of 2022.

Yamashita didn't have the best birthday, at least inside the ropes, when she struggled off the tee and on the greens in a round of 74 that left her clinging to a one-shot lead. But she stayed on the range with her father until late into the evening, and she found a fix.

Spotlight on Woad

Lottie Woad, coming off a victory in the Women's Scottish Open in her professional debut, closed Sunday with a 71 and tied for eighth. In her last four events, Woad has won the Women's Irish Open and missed a playoff by one shot in the Evian Championship, both as an amateur.

She has a win and a top 10 in her two starts as a pro.

"I don't think it affected my golf, but it was definitely a lot more attention, a lot more eyes on me," Woad said. "I feel like I handled it pretty well overall and was just sticking to my game, just trying to focus on the prep really and not let it distract me too much."

___

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Miyu Yamashita of Japan wins the Women's British Open for her first major title

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New Photo - Yahoo Finance

How to build wealth one rung at a time The author of a new book shares a framework for creating and living a wealthy life. Kerry Hannon · Senior Columnist Sun, Aug 3, 2025, 4:30 PM 6 min read Building wealth is not all scrimping and sacrificing while adhering to a steady investing strategy.

How to build wealth one rung at a time The author of a new book shares a framework for creating and living a wealthy life.

Kerry Hannon · Senior Columnist Sun, Aug 3, 2025, 4:30 PM 6 min read

Building wealth is not all scrimping and sacrificing while adhering to a steady investing strategy. It's knowing what to do at each step on the ladder of wealth that sets you up for success.

Nick Maggiulli, chief operating officer and data scientist at Ritholtz Wealth Management, has a new book, "The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life," that lays it all out in clear, concise, and actionable steps.

Here are edited excerpts of our conversation:

Kerry Hannon: How do you define the wealth ladder?

Nick Maggiulli: The wealth ladder is a new framework for thinking about building wealth and how you should change your financial strategy over time. Once you see wealth through this lens, you're never going to unsee it. It breaks wealth into six distinct levels based on your net worth. That's all your assets, minus all your liabilities.

Level one is less than $10,000 in wealth. Chances are, you are living paycheck to paycheck and conscious of every dollar you spend.

Level two is $10,000 to $100,000. That is wealth that lets you buy what you want at the grocery store without worrying about your finances. Level three is $100,000 to $1 million. I call that restaurant freedom because you can order what you want when you dine out. Go for the salmon over the burger. The fourth rung, $1 million to $10 million, opens the door to travel where you want; the fifth, $10 million to $100 million, means you can purchase your dream home with little impact on your overall finances. The sixth and highest level, anything above $100 million, gives you the ability to have a profound impact on the lives of others through business and philanthropy.

Level three is the middle class in the United States. The data on this is pretty straightforward — 20% of Americans are in level one; 20% are in level two; 40% are in level three; 18% are in level four, and then the top 2% is level five and above.

Read more: How to save $10,000 in a year

inline_image

You write that we should spend not based on our income, but on our wealth. Can you elaborate?

Excluding inheritances, trust funds, and lottery winnings, having wealth demonstrates financial discipline. It illustrates that you have control over your spending and that you know how to save money. Without such control, you could end up in a bad place financially.

For example, if you consume based solely on your income, any disruption to that income could send your finances into a tailspin. Unfortunately, most people don't realize this until it's too late. The truth is that income can be fickle. One day you're making good money, and the next you're looking for a new job.

Story Continues

How is increasing income the bedrock of all financial success?

The single best investment idea is the continual purchase of a diverse set of income-producing assets and raising your income level.

The strongest correlation in personal finance is income level and savings rate. The higher someone's income is, the higher their savings rate. There are exceptions.

Over time, those individuals that have higher incomes today are more likely to end up higher up the wealth ladder in the future because they are saving a lot more than those with lower incomes, and they have more of their wealth and income-producing assets than those lower on the wealth ladder.

On average, those in levels one to three have less than 25% of their total assets in income-producing assets. An income-producing asset is something like a stock, a bond, a business, or other types of real estate.

When we look at the data, people in levels one and two generally have most of their money in their car and their homes. That's mostly true in level three as well. But by level three, it's more in their home. Four to six is where we see the big shift, where we see more money in retirement accounts, in businesses, in stocks and mutual funds outside of retirement accounts.

People who can shift more of their assets into income-producing assets will generally see more wealth appreciation than those who don't.

Read more: 5 money-saving apps to help you grow your wealth

Author Nick Maggiulli, chief operating officer and a data scientist at Ritholtz Wealth Management. (Photo courtesy of Nick Maggiulli,)

Climbing the wealth ladder takes years for most people, right?

Yes, the median age of a household in level four is 62. Less than 1% of households in level four are under 30.

How can your relationships help you build wealth?

People should think of their assets more broadly, especially when you're just starting out, because you may have other assets in your life — friends, family, professors — who can help you at least get started and get on the right path, even with a recommendation for a job or an internship. As you make your way up the wealth ladder, you want to help others get up too. Pass it on.

Read more: How to save money in 2025: 50 tips to grow your wealth

I love this line in your book: "If you don't do it for the money, you're more likely to make money." What do you mean?

If you're working at something you love, you don't stop when there's an obstacle. If money is the only thing that is making you do something, that's not a deep enough motivator to keep you going. You'll say screw it, and you'll stop. It's staying power.

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Have a question about retirement? Personal finances? Anything career-related? Click here to drop Kerry Hannon a note.

What is the biggest contrarian takeaway from the book?

That more money isn't always better. This is especially true in levels five and six. There's a lot of downsides to getting more wealth that people don't really think through. I fundamentally believe that is true. There are a lot of people where wealth has actually ruined their lives in a way.

And people often think they get to this certain point, and then they'll be happy. And then you get there and then you're, okay, well maybe I just need a little bit more. Very few people I've ever met, or heard, or spoken with have said, I have enough now.

What's the deal with your salt and money analogy?

Chefs will tell you that salt is not like the other spices because salt doesn't change the flavor of a food. It just makes food taste better. Money and salt are very similar in a lot of ways because salt by itself is not that useful. You would not just eat a plate of salt. That would be very unappetizing. The same is true of money. If you only had money in your life, you had no friends, you didn't have free time, you didn't have your health, you didn't have your mental sanity, your life would be pretty miserable.

Money is the great enhancer, like salt is the great enhancer of food. But you need all the other things to be there for the money to actually add value.

Kerry Hannon is a Senior Columnist at Yahoo Finance. She is a career and retirement strategist and the author of 14 books, including the forthcoming "Retirement Bites: A Gen X Guide to Securing Your Financial Future," "In Control at 50+: How to Succeed in the New World of Work," and "Never Too Old to Get Rich." Follow her on Bluesky.

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New Photo - I'm a Car Expert: 6 Hybrid Cars Perfect for Frugal People

I'm a Car Expert: 6 Hybrid Cars Perfect for Frugal People Daisy CarringtonAugust 3, 2025 at 6:09 PM ©Mazda When it comes to picking a new hybrid vehicle, shoppers are spoiled for choice. At last count, there were over 50 types of hybrid cars available to U.S.

- - I'm a Car Expert: 6 Hybrid Cars Perfect for Frugal People

Daisy CarringtonAugust 3, 2025 at 6:09 PM

©Mazda

When it comes to picking a new hybrid vehicle, shoppers are spoiled for choice. At last count, there were over 50 types of hybrid cars available to U.S. consumers, according to the Environmental Protection Agency (EPA). If you are looking to save a lot of money with a fuel-efficient car, it may be time to get behind the wheel of options recommended by experts.

Read Next: I Bought a Hybrid Car: Here's How Much I Save on Gas Every Month

Learn More: 4 Low-Risk Ways To Build Your Savings in 2025

As Zoriy Birenboym, founder and CEO of the online auto dealership eAutoLease.com, noted, "Manufacturers are offering aggressive incentives, and hybrid technology is more efficient than ever, making leasing or financing a hybrid a smart financial decision."

With over a decade in the automotive industry, he has a unique vantage point on which hybrid car brands offer the best deals outside of the standard recommendation of a Toyota Prius or Toyota Camry. These are his recommendations for the best hybrid cars for frugal shoppers.

Trending Now: Suze Orman's Secret to a Wealthy Retirement--Have You Made This Money Move?

Jeep Wrangler 4xe -

MSRP: $52,690 to $72,340

Birenboym is a big fan of the Jeep Wrangler 4xe, a hybrid SUV that combines the renowned off-road capability of the Wrangler with plug-in hybrid efficiency. The model is also a steal, he added, and saving money and time on any car costs never hurts.

"Right now, Jeep has some of the best incentives available, especially for loyal customers or those switching from competitor brands," said Birenboym.

With generous manufacturer incentives and potential state rebates stacking up to significant savings, leasing a Wrangler 4xe can be an outstanding deal, with recent promotions bringing lease payments down to the $300 to $400 range.

Mazda CX-90 Plug-In Hybrid -

MSRP: $51,475 to $59,480

A spacious SUV with third-row seating and excellent fuel efficiency, Birenboym said the Mazda CX-90 Plug-in Hybrid is an excellent option for families looking to bring down their carbon footprint as well as save time and money.

"Mazda has built a solid reputation for reliability, and the CX-90 comes with an amazing promotion right now," he noted.

Mazda has been pushing attractive lease offers on this model, making it an excellent choice for families who need a reliable ride at an affordable price.

For You: I Asked ChatGPT What Electric Vehicles To Stay Away From Buying: Here's What It Said

Toyota RAV4 Hybrid -

MSRP: $34,050 to $49,885

Toyota has long been known for its reliable hybrid technology, and Birenboym said the Toyota RAV4 Hybrid continues to hold its value exceptionally well.

"Toyota hybrids are a no-brainer if you're looking for long-term value and reliability," he added.

With strong fuel economy, a practical design and a history of dependability, this SUV is a solid pick for budget-conscious buyers. Birenboym pointed out that the RAV4 Hybrid has excellent resale value, making it a good investment — even for those planning on keeping their car for a long time.

Lexus RX Hybrid -

MSRP: $52,775 to $72,610

Luxury hybrids don't always come with big discounts, but the Lexus RX Hybrid offers a solid balance of efficiency and premium features while still being relatively affordable.

"Lexus hybrids hold their value incredibly well, and with proper maintenance, they can easily surpass 200,000 miles," Birenboym explained.

While not as aggressively priced as some non-luxury brands, the RX Hybrid benefits from Lexus' reputation for longevity and low maintenance costs, making it a high-end hybrid with long-term value.

Mitsubishi Outlander Plug-In Hybrid -

MSRP: $42,145 to $53,355

For budget-conscious drivers needing a plug-in hybrid with all-wheel drive, the Mitsubishi Outlander PHEV is a reliable yet affordable option.

"This is one of the most budget-friendly hybrids out there with great features, especially for those looking for all-weather capability," Birenboym stated.

Volvo XC90 Plug-In Hybrid -

MSRP: $73,195 to $81,995

"Volvo hybrids have seen a surge in popularity, and the XC90 is one of the best picks for those who want a blend of luxury and efficiency," said Birenboym.

With premium comfort, strong hybrid efficiency and excellent safety features, it's a solid investment if you can still find one.

Caitlyn Moorhead contributed to the reporting for this article.

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This article originally appeared on GOBankingRates.com: I'm a Car Expert: 6 Hybrid Cars Perfect for Frugal People

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New Photo - 'The Fantastic Four: First Steps' struggles in second weekend at box office

'The Fantastic Four: First Steps' struggles in second weekend at box office Brendan Morrow, USA TODAY August 3, 2025 at 7:36 PM Marvel's latest film isn't having such a fantastic second weekend at the box office.

- - 'The Fantastic Four: First Steps' struggles in second weekend at box office

Brendan Morrow, USA TODAY August 3, 2025 at 7:36 PM

Marvel's latest film isn't having such a fantastic second weekend at the box office.

"The Fantastic Four: First Steps" grossed $40 million domestically in its second weekend of release, an unexpectedly sharp 66% decline in business from its opening weekend, according to estimates released by Comscore on Sunday, Aug. 3.

The drop is a potentially troubling sign for Marvel, suggesting the superhero blockbuster might not have much longevity at the box office and could be struggling to entice casual moviegoers.

"Fantastic Four" initially opened with a solid $117.6 million domestically, just a bit below the $125 million launch of DC's "Superman" two weeks prior. But "Superman" did not experience as large a decline in ticket sales after that debut. During its second weekend, the DC film only fell 53%.

Pedro Pascal in "The Fantastic Four: First Steps."

The bigger dip for "Fantastic Four" was surprising given critics and audiences both gave positive marks to the superhero movie starring Pedro Pascal, Vanessa Kirby, Joseph Quinn and Ebon Moss-Bachrach. Audiences polled by the research firm Cinemascore awarded "Fantastic Four" an A- grade, the same rating as "Superman," and the film holds an 86% approval rating among critics on Rotten Tomatoes.

Whoa, baby! The real story behind the adorable star of 'Fantastic Four'

But after years of releasing one superhero smash hit after another, Marvel has lately produced more inconsistent results at the box office. In between its rousing successes like last summer's "Deadpool & Wolverine," the studio has also endured several financial disappointments, including 2023's "Ant-Man and the Wasp: Quantumania" and "The Marvels." Prior to "Fantastic Four," Marvel's other summer film, May's "Thunderbolts*," grossed a muted $190 million domestically.

Joseph Quinn and Pedro Pascal in "The Fantastic Four: First Steps."

In a recent conversation with reporters, Marvel Studios President Kevin Feige argued that some of the studio's recent movies like "The Marvels" and "Thunderbolts*" suffered financially because audiences had not seen Marvel's Disney+ shows and were under the impression they were mandatory viewing.

"It's that expansion that I think led people to say, 'Do I have to see all of these? It used to be fun, but now do I have to know everything about all of these?'" Feige said, per The Hollywood Reporter. "And I think 'The Marvels' hit it hardest where people are like, 'OK, I recognize her from a billion-dollar movie. But who are those other two? I guess they were in some TV show. I'll skip it.'"

The good news for "Fantastic Four" is that the month of August is relatively light on new major event films, so the movie could benefit from a lack of competition in the coming weeks.

How did 'Fantastic Four: First Steps' compare to 'Superman' at the box office?

Marvel will next be seen in theaters in July 2026 with "Spider-Man: Brand New Day," which brings back a character that has been a reliable money maker for the studio. That will be followed by the franchise's next big event movie: "Avengers: Doomsday," which features the Fantastic Four returning alongside Robert Downey Jr. as Doctor Doom.

This article originally appeared on USA TODAY: 'Fantastic Four: First Steps' box office sees drop in second weekend

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'The Fantastic Four: First Steps' struggles in second weekend at box office

'The Fantastic Four: First Steps' struggles in second weekend at box office Brendan Morrow, USA TODAY August 3...
New Photo - A man fell to his death during an Oasis concert at London's Wembley Stadium

A man fell to his death during an Oasis concert at London's Wembley Stadium August 3, 2025 at 7:59 PM 1 / 2Britain Oasis ConcertLiam Gallagher from the band Oasis performs during their reunion concert on Friday, July 4, 2025, in Cardiff.

- - A man fell to his death during an Oasis concert at London's Wembley Stadium

August 3, 2025 at 7:59 PM

1 / 2Britain Oasis ConcertLiam Gallagher from the band Oasis performs during their reunion concert on Friday, July 4, 2025, in Cardiff. (Photo by Scott A Garfitt/Invision/AP)Scott A Garfitt/Invision/AP

LONDON (AP) — Oasis said Sunday that its members are "shocked and saddened" after a man fell to his death during a concert by the band at London's Wembley Stadium.

The Metropolitan Police force said officers and paramedics responded to reports of an injured person just before 10:30 (2130GMT) on Saturday night

It said a man in his 40s was found "with injuries consistent with a fall." He was pronounced dead at the scene.

The force urged anyone who saw what happened or caught it on phone video to contact police.

"We are shocked and saddened to hear of the tragic death of a fan at the show last night," Oasis said in a statement, offering "sincere condolences to the family and friends of the person involved."

The Britpop icons' first tour in 16 year s kicked off July 4 in Cardiff, Wales. Saturday's concert was the fourth of seven planned shows at Wembley.

Stadium management said Sunday's gig would go ahead as planned.

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A man fell to his death during an Oasis concert at London's Wembley Stadium

A man fell to his death during an Oasis concert at London's Wembley Stadium August 3, 2025 at 7:59 PM 1 / 2Britain...
New Photo - Ed Kelce, Travis and Jason's dad, mourns death of 'beloved friend' Maureen Maguire

Ed Kelce, Travis and Jason's dad, mourns death of 'beloved friend' Maureen Maguire Brendan Morrow, USA TODAY August 3, 2025 at 6:43 PM Travis and Jason Kelce's dad has shared news of the death of a loved one.

- - Ed Kelce, Travis and Jason's dad, mourns death of 'beloved friend' Maureen Maguire

Brendan Morrow, USA TODAY August 3, 2025 at 6:43 PM

Travis and Jason Kelce's dad has shared news of the death of a loved one.

Ed Kelce, father of the football stars, announced the loss of Maureen Maguire, 74, in a Facebook post on Saturday, Aug. 2. He shared a link to an obituary that described Maguire as his "beloved friend," though a Los Angeles Times interview with Kelce published in 2024 noted Maguire was his girlfriend.

Maguire, a former elementary school teacher who was born in New York but spent most of her life in Philadelphia, "passed away peacefully surrounded by her loved ones," according to the obituary.

She "grew an unexpected love for football later in life, sharing many laughs and adventures with her beloved friend Ed Kelce and her loyal dog Butch," the obituary also read. "Together, they traveled often and attended football games and concerts, and embraced every opportunity to enjoy life to the fullest."

Ed Kelce attends The New Heights House Party on Feb. 5, 2025, in New Orleans, Louisiana.

Maguire was predeceased by her husband, Daniel J. Maguire Jr., and is survived by her three children, six grandchildren, and her sister and brother.

Travis Kelce finally posts Taylor Swift photos on Instagram: See the couple's date nights

Ed Kelce was previously married to Donna Kelce, Travis and Jason's mother, for more than 20 years.

In an appearance on her sons' "New Heights" podcast in 2023, Donna Kelce noted that she and Ed are "friends to this day," adding, "We get along great. It's just sometimes people move apart, that's all."

Travis Kelce consoled by Taylor Swift as retirement rumors swirl after Super Bowl loss

"We're like a tag team with you two," she added, addressing Jason and Travis. "When one of you had to go out of town, another person would help the other child, so it was perfect."

Ed Kelce attends Wondery x The New Heights House Party on Feb. 5, 2025 in New Orleans, Louisiana.

Speaking with the Los Angeles Times in 2024, Ed Kelce revealed an amusing interaction Maguire had with Travis Kelce's girlfriend, Taylor Swift, soon after they met. When Swift was posing for a photo with Ed Kelce and nuzzled up to him, Maguire jokingly warned, "Hey, that's my boyfriend," according to the Times, which said the singer "laughed and struck something closer to a father-daughter pose."

This article originally appeared on USA TODAY: Ed Kelce mourns death of 'beloved friend' Maureen Maguire

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Ed Kelce, Travis and Jason's dad, mourns death of 'beloved friend' Maureen Maguire

Ed Kelce, Travis and Jason's dad, mourns death of 'beloved friend' Maureen Maguire Brendan Morrow, USA TOD...
New Photo - The bodies of all 5 miners are found and identified in Chile's El Teniente mine after collapse

The bodies of all 5 miners are found and identified in Chile's El Teniente mine after collapse August 3, 2025 at 5:57 PM 1 / 3ChileMine CollapseFILE Aerial view of El Teniente copper mine, operated by Codelco, where a collapse killed one worker and trapped five others underground, leading to a suspe...

- - The bodies of all 5 miners are found and identified in Chile's El Teniente mine after collapse

August 3, 2025 at 5:57 PM

1 / 3Chile-Mine CollapseFILE - Aerial view of El Teniente copper mine, operated by Codelco, where a collapse killed one worker and trapped five others underground, leading to a suspension of operations in Rancagua Chile, Aug. 2, 2025. (AP Photo/Esteban Felix, file)

BOGOTA, Colombia (AP) — The bodies of all five miners trapped in a collapsed shaft in the world's biggest underground copper mine for three days have been found and identified, an official said Sunday.

Aquiles Cubillos, the lead prosecutor in Chile's O'Higgins region, said the body of Moises Pavez, the last miner to remain missing, was found at 3:30 p.m. local time by rescue teams. They had drilled through dozens of meters (feet) of rock to reach the stranded workers.

"We deeply regret this outcome" Cubillos said.

The five miners were trapped deep inside Chile's El Teniente mine on Thursday after a section of the mine collapsed following a 4.2 magnitude earthquake that instantly killed another miner and injured nine other workers.

The trapped miners were located by using GPS devices but rescue teams were not able to communicate with them.

Authorities are investigating whether it was a naturally occurring earthquake or whether mining activity at El Teniente caused the tremor. Chilean prosecutors also launched a criminal investigation to determine whether any safety standards were violated.

El Teniente, located in the Andes mountains in central Chile, is the world's largest underground copper mine and is owned by Chilean state company Codelco.

Shortly after Thursday's collapse, Codelco halted operations in the affected section of the mine and evacuated 3,000 people from the broader site to safe areas.

The company canceled a presentation of its first-half financial results, set for Friday morning, due to the rescue efforts.

Chile, the world's biggest copper producer, lies in the seismically active "Ring of Fire" that surrounds the shores of the Pacific Ocean.

In 2010, Chile's government rescued 33 miners trapped in a copper mine in the country's north for two months in a dramatic operation that made global headlines and was later depicted in a Hollywood movie.

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The bodies of all 5 miners are found and identified in Chile's El Teniente mine after collapse

The bodies of all 5 miners are found and identified in Chile's El Teniente mine after collapse August 3, 2025 at 5...

 

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