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.
Shares in producers fall after China's powerful central planning agency says country's "high steel demand period has passed" and inventories will stay high. Benchmark iron ore fell more than 1% on Wednesday to fresh lows last seen September 2012. According...
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