Iron ore price drops to 1-month low, coking coal rebounds
Iron ore stockpiles at Chinese ports reach record high, but Beijing steel and coal capacity cuts should lend support to high-grade imports, met coal prices.
A spike in the global oil price and a rapidly narrowing discount has sent oil sands crude soaring to $89.25 a barrel from five-year lows of $45 in December.
About 300 workers, including mine staff and contractor employees, picketed at Langer Heinrich Uranium (LHU) mine last Thursday over pay and treatment by their employer.