While Republican candidate Mitt Romney slams Barack Obama's policies as bad for coal, the President has taken a more personal approach. Not only he went after Romney ‘s business record, but he has also denounced his opponent's use of unpaid coal miners in his campaign through a provocative TV ad.
Labour unrest at Anglo American Platinum’s South Africa operations spread on Tuesday to a new mine as the company and fellow miner AngloGold Ashanti (NYSE:AU) have hardened their stance on strikers.
A subsidiary of Beijing Haohua Energy Resource has offered Coal of Africa $100 million in equity funding following Exxaro's decision to refrain from exercising options for a stake in the South African miner's Makhado coal project.
Leading investors in Swiss commodities giant Xstrata (LSE:XSTA) have expressed their disappointment and frustration at the board's recommendation of a merger with Glencore (LSE:GLEN) for what they believe to be a takeover "on the cheap."