"A spectacle unseen for 16 years occurred in Patagonia this week: a natural dam of blue ice gave way to crushing lake waters trapped behind it, finally breaking apart.
Watching tourists applauded as a section of the 60-metre high Perito Moreno glacier collapsed and the waters of the dammed southern arm of Lago Argentino surged through it. Since last October this section – known as Brazo Sur - had been blocked off from the rest of the lake by the glacier's flowing ice tongue, which extended a solid wall of ice across the narrow water channel.
The 30-km-long Perito Moreno glacier is the most famous part of the Parque Nacional Los Glaciares in Argentina, a UNESCO World Heritage Site. It is the subject of a long-term study by the University of Innsbruck's Institute for Meteorology and Geophysics, with in-situ observations supplemented by ESA satellite data.
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"What makes Perito Moreno so interesting to us is that it is one of the few Patagonian glaciers that has advanced during recent days. It dams the Brazo Sur on a periodic basis, the previous time being 1988, then some 20 times before that. It first occurred in 1917, and we know it was the first time because a several-hundred-year old forest was submerged as a result." Once the glacier blocks the channel between the Brazo Sur, water and the main section of Lago Argentino, water and ice commence a kind of duel. Water from melting glaciers and running down from mountain drains into the trapped section of lake: its height rose by eight metres in the last five months; at the time of the fracture the rate of increase was ten centimetres a day."
EDIT
http://www.sciencedaily.com/releases/2004/03/040322080132.htmIncidentally, MSNBC has a video clip of the collapse on their website - it's pretty impressive!