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.
Teck Resources (TSX: TECK.A, TECK.B)(NYSE:TECK), Canada’s largest diversified miner, is reportedly finding it difficult to secure the support of top shareholder China Investment Corporation (CIC) for a plan to exit coal. The Vancouver-based miner, which continues to fend off a...
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