Australia says coal market ‘booming’ as it dismisses Glencore cuts

With Japan finally restarting some of its nuclear reactor fleet (two reactors have come online since August) and China continuing its breakneck reactor build-out (with 29 reactors in operation and 22 under construction), the one commodity in the natural resource space that is actually carrying some positive fundamentals today is uranium.

Weighing in after last month's failed merger.

If all of this year's approved coal plants get built, they will have a total capacity of 123 gigawatts, equivalent to building 61 Hoover Dams.

Peabody’s concessions came in response to a probe that found the company had not been forthright with investors and regulators about threats to its business.

The new government is considering to stop production at several of its mines until at least 2018 in an effort to help prices by reducing a global oversupply.

The gloomy outlook comes as the International Energy Agency predicts crude oil won't reach $80 a barrel until at least the end of the decade.

Local authorities have issued the highest alert, warning residents to stay indoors.

Nyrstar is also considering to cut global zinc concentrate supply by up to a further 400,000 tonnes if the slump in commodity prices continues.

The decision, confirmed this morning, puts an end to a seven-year saga that became one of the biggest environmental flashpoints of Obama's presidency.