BHP posts second straight year of record iron ore production, beats estimates
The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.
Business Insider reports that the heart of the American coal industry, Central Appalachia, could soon be a shadow of its former self.
According to the US Department of Energy, the amount of Appalachian coal will be less than half that mined in 2008 within the next three years, says Business Insider, because most of the easy-to-reach resources have been exhausted.
The blog also points to a report from AP warning of economic devastation should the industry shrink in the area where coal mining accounts for 40% of the workforce in some towns.
