Ecuador holds election closely watched by global miners
Leftist Andrés Arauz and right-wing Guillermo Lasso have both vowed to continue promoting the oil and mining sectors, but their approach would be quite different.
Lacklustre performances by small mining companies on the London Stock Exchange are driving rivals in need of cash to find alternative ways to raise capital.
Teck expects larger proportion of coal sales in fourth quarter to be non-premium, reducing average realized price to about 85 percent of benchmark prices.
Among other geopolitical developments, the drop is attributable to investors getting calmer over the news that China's economic policy will see few changes in the near future.