With some vessels waiting to load coal and iron ore outside Australian ports for over a month, key charter rates jumped to highest in more than three years.
For all the doom and gloom about the future of coal, the past two years have been a boom time for coal prices that's exceeded by their 2010 to 2012 peak.
More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.
BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.
If the world’s migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?
Australian iron ore producer is only stock on the nation’s blue-chip resources index to hand investors a loss in 2017, tumbling from its previous top status.
Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous trucks operating in Australia’s Pilbara iron-ore region, part of a cost-cutting program across its operations.
Newcastle, the world’s largest coal export port, must “urgently” diversify its traffic, the port’s incoming chairman has said, warning that the “long-term outlook for coal is a threat to the port”.