Russia mulls new extraction tax and higher profit tax for metals firms

The 150-year-old Prosper-Haniel site — shuts in December.

Anglo American mines platinum, coal, diamonds and iron ore in South Africa.

Taking a big step closer to building the long-touted project that has faced fierce resistance from green groups.

The company's 20,000-hectare China Stone thermal coal project is expected to produce 38 million tonnes of coal annually.

Britain's High Court quashed the government's rejection of the new mine on the grounds that the minister did not provide adequate evidence for his decision.

Operations at Driefontein, Kloof and Beatrix mines were halted late on Wednesday.

Due to better coal economics and relatively unsupportive renewable energy policies, we expect coal to still dominate the fuel mix at more than 60% from now until 2027.

China National Coal Group will supply in 2019 more than 97 million tonnes of coal to six utilities, with volumes rising in each subsequent year of the deals.

The outlook for coal depends basically on the growth of electricity and steel production in Asia.