Pressure builds on Teck Resources to oust boss

Changes sweeping the electricity sectors in Japan and China suggest a hugely uncertain future for coal-fired power and a rapidly increasing risk of stranded assets.

The company will seek a court order to stop the strike, which is already affecting output.

Elevated below rail technology has the potential to open up significant mining assets long considered stranded.

Australia's Taurus raised $683m to invest in mining company debt last year, while two funds currently in the market are targeting investor capital of $800m.

Strong performance also came on the back of strategic initiatives, such as non-core asset sales, aggressive cost control measures and a disciplined approach in reducing debt.

Report shows that Japan is the only G7 country seeking to build new coal-power plants.

Mine sales stumble on looming clean-ups

Results mark the 41 straight month of retail sales declines.

The government will pay for two-thirds of the cost by collecting money from mining companies through a new environmental levy.