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.
Earlier this month, three ex-employees of SouthGobi Resources, a coal producer owned Turquoise Hill (TSE, NYSE:TRQ), were found guilty of tax evasion by a Mongolian court. Under Mongolian law, tax and other disputes are pursued in courts under the criminal...
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