Mozambique’s coal mines shed hundreds of workers as prices slump
Coal sales, which are Mozambique’s biggest export, were worth $2 billion last year, according to data from the country’s central bank.
Electrician turned coal baron, Nathan Tinkler, has become one Australia’s most high-profile casualties of the worst global mining downturn in a generation after being officially declared bankrupt. Tinkler, who became Australia's youngest billionaire at the age of 35, failed this month...
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