Indonesia state miner to acquire 20% stake in Vale Indonesia

Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.

It is likely to cost the country 1.5 million tonnes of lost coal production a day.

The long-awaited policy change comes after the World Trade Organization determined last year that the nation’s quota system violated trade rules.

The analysts argued that as much as 15% of the machinery maker’s revenues are dependent on the oil and gas industry

Revised plan plan will see the company mine 75 million tonnes over 17 years instead of 97 million tonnes over 20 years.

The three-week suspension aimed at battling a global oversupply of the commodity.

Oceanagold (TSX, ASX:OGC), an Australia-based gold producer, will start winding down its New Zealand mines to focus on lower-cost production in the Philippines, where it runs the Didipio copper-gold mine north of Manila.

Active production at the Canadian Bloom Lake iron ore mine has completely ceased, and the sale of the firm's its struggling coal division has been completed.

The concept of a government-backed initiative to manage CSR abroad is being looked at by various nations, including Canada and the U.K.