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.
Oil aside, coal – specifically the power-generating variety – has turned out to be the real surprise commodity of 2015. The benchmark thermal export price from Australia's port of Newcastle is up 22% in a month and on Monday scaled...
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