Anglo American sells coal assets to Peabody for $3.8bn
The move is the first of four big asset divestments Anglo announced in May, after it fought off a $49bn hostile takeover attempt from BHP.
Five people died and four others were hospitalized after a methane gas leak at an ArcelorMittal coal mine in Kazakhstan on Thursday, the company said.
The company said it was continuing rescue work at the mine in the Qaraghandy region in central Kazakhstan where ArcelorMittal operates the country’s biggest steel mill.
Kazakh news website Zakon.kz quoted regional governor Zhenis Kasymbek as saying that all eight ArcelorMittal mines had halted work for a day.
Prime Minister Alikhan Smailov said a government commission would investigate the incident.
(By Tamara Vaal and Olzhas Auyezov; Editing by Muralikumar Anantharaman and Peter Graff)
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