Hotel Tango:
OK, so they were a tad low (for reasons unknown to us). They did the right thing and went around for another go. They were never close to crashing. Just a lot of hype by people looking for a story to pep up a boring day. I have spent time watching approaches at SXM and seen Cessna C208 Caravans of FDX just as low....and continue to land.
In the U.S., it would be a violation of FAR 91.175 (c)(1):
(c)Operation below DA/ DH or MDA. Except as provided in paragraph (l) of this section, where a DA/DH or MDA is applicable, no pilot may operate an aircraft, except a military aircraft of the United States, below the authorized MDA or continue an approach below the authorized DA/DH unless -
(1) The aircraft is continuously in a position from which a descent to a landing on the intended runway can be made at a normal rate of descent using normal maneuvers, and for operations conducted under part 121 or part 135 unless that descent rate will allow touchdown to occur within the touchdown zone of the runway of intended landing;