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.
A Chinese company has made another bid to secure iron ore and other metals beyond its borders. On Tuesday Hanlong Mining said it will buy Perth-based Sundance Resources (ASX:SDL) for US$1.57 billion. AFP reported that Hanlong will acquire Sundance through a...
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