Glencore names Kalidas Madhavpeddi as new chairman

The Association of Mineworkers and Construction Union (AMCU) said the company failed to take precautions two avoid injuries at its mines earlier this week.

China will take steps to bring down coal prices because the recent rally is not supported by market fundamentals.

Province’s contribution to a clean energy future at risk unless changes are made.

“The (last) miner’s body was trapped under one of many structures in the destroyed pit,” JSW said in a statement.

Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.

China’s thirst for energy is roiling markets in Europe, jolting the outlook for coal-hungry utilities as they struggle to cope with tighter pollution and environmental rules.

As demand for coal in the U.S. declines, miners depend increasingly on overseas markets.

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and increased political risk.

The price of steelmaking raw materials in China rose for a second session on Monday on optimism that steel mills will replenish stockpiles as steel production increases and as iron ore inventories at ports decline.