Coal price surges to record as global scramble for energy accelerates
Coal prices soared to their highest on record as China accelerated a global struggle for resources that has brought the dirtiest fossil fuel roaring back.
South Africa's Richards Bay Coal Terminal has boosted productivity after a 1.34 billion rand ($98 million) machinery upgrade, the firm said on Thursday.
A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.