The dramatic fall in overall market capitalization reflects, according to PwC, the impact of the ongoing commodities rout and other challenges the local industry has faced in the last year.
The National Union of Mineworkers (NUM) and the Chamber of Mines, which has been negotiating on behalf of the country’s main coal producers, will sign the agreement later today.
The decline in coal share prices has affected the pensions of millions of bus drivers, librarians, park attendants, school workers, housing officers and care workers, a new study from Platform London shows.
Helicopters, drones search 16,000 square km area sealed off to find perpetrators of knife attack that killed 60 workers at a northwestern Chinese coal mine.