Glencore copper production drops 11%, cobalt by third

Research suggesting that the country's economy would not be hurt by a gradual phasing out of coal production is met with ire.

Operational challenges and regulatory uncertainty in the region will keep a lead on its resources sector until at least 2020, says BMI research.

The situation could add further heat to prices that have nearly doubled since the start of August.

Jindal Steel & Power Ltd. is also planning to resume operations in Mozambique as coking coal prices have more than doubled this year.

The main challenge for mining near-Earth celestial bodies is neither technology nor cost, but simply “convincing people it is realistic,” says Dr. Phil Metzger.

Thanks to coal.

The commodity added $14.80 per tonne on Tuesday alone. Its trading now at almost $200 per tonne.

Parabolic rise to hit $180 a tonne on Friday prompts talk of a bubble in steelmaking coal market.

Under the new plan, Chinese miners will cut or boost output to keep coal prices within a desired range.