Peabody Energy to shut parts of Queensland mine after fire
Peabody Energy intends to permanently seal the area where high methane levels have been concentrated after it reported fire in its North Goonyella mine.
The CEO of world number two miner Rio Tinto said the quality of Chinese mining equipment is catching up and in some instances surpassing that of the major US manufacturers.
Statement after annual planning meeting warns of "downward pressure" on the world's second largest economy and the need to take "bold steps" to reform industry.