The unlicensed mine on an indigenous reservation in the central Colombian town of Riosucio collapsed on Wednesday. Authorities are investigating its owners.
The first two bodies were spotted yesterday. Rescuers found two more two hours later, sapping the hopes of anxious relatives that more of the missing might still be found alive.
The workers are believed to be trapped in mineshafts 17 meters (55 feet) below ground.
The bodies were taken to the city of Pereira for the identification process.
The mine collapse occurred after a power failure prevented the operation of the pumps that drew water from the nearby river Cauca.
The head of the National Mining Agency told Radio Blu the organization would investigate the mine, which was in the process of legalization but was prohibited from digging the shafts that were involved in the collapse.
Investigators say a power cut in the area likely shut off the mine's water pumps, flooding the shafts and leading to the collapse.
Colombia is a major gold producer and business has boomed over the past decade as the price of gold has risen from less than USD 400 per ounce to almost USD 1,200.
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