Massey mine foreman enters guilty plea to failing to follow safety standard at W.Va. mine

Anglo has been forced to accelerate its restructuring after successfully holding off a bid from BHP, the world’s biggest miner.

One of the standout commodity stories so far this year has been China's demand for thermal coal, with the world's largest importer seeing record shipments.

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

A more than six-fold increase in electricity prices since 2008 and erratic power supply have negatively affected local processing.