South African union threatens strike at coal and diamond mines

Another surge on Thursday takes iron ore to two-year high, up 11% since the US election – Cliffs stock soars 21%.

He has promised to ease regulations on the coal and oil sectors, and pull the US from global agreements aimed to curb climate change.

The most-traded coking coal for January delivery on the Dalian Commodity Exchange soared 10% to 1,516 yuan ($224) a tonne, a record high.

The deal includes a 17% interest in the Port Kembla Coal Terminal, south of Sydney.

As part of the deal, CAT is expected to become the primary sales, marketing, distribution and support channel for Trimble’s Connected Mine platform.

Number 1: Producers have negotiated quarterly contracts $70 below the spot price.

The funding, which includes direct investment and grants, aims to help the asteroid mining company launch its first commercial prospecting mission by 2020.

While output was down for most commodities it mines and sales, it has improved earnings forecast for its trading unit.

As seaborne coking (up 227% year-to-date) and thermal coal (up 128%) continue to rally, decline in US domestic prices, exports resume long-term down trend.