Anglo steps up defense to repel Agarwal’s interest: Telegraph

The firm is laying-off 150 workers by the end of February 2015.

Three workers died on board in 2012 and fresh inspections have revealed severe safety breaches.

The company is defying coal price slump with increased production driven by expansions at its Australian mines.

The U.S. largest bank still plans to perform"traditional” activities in commodities such as financing, hedging, trading warrants on the London Metal Exchange and the vaulting of precious metals.

Costs and challenges for mining the Arctic, meanwhile, on their way up.

Sources close to X2 Resources, Davis' new company, have cast doubts on reports that the firm had made an offer.

About 500 workers will lose their job.

A perforation made in a subterranean water source had flooded the underground mine late Thursday.

The application allows users to view selected coal mining information on a smart phone or tablet.