Anglo faces headwinds in keeping restructuring on track

Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.

Amplats also said it had cut some 3,700 jobs to reduce spending ahead of the demerger.

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

The company's Blackwater and Daunia mines in Queensland, which it recently purchased from BHP, produced 4.8 million tonnes.

China's imports of major commodities are often viewed through the prism of the performance of, and outlook for, the world's second-biggest economy.

The world's largest listed miner said iron ore output from Western Australia on a 100% basis was 76.8 million tonnes in the three months to June 30.

Environmental campaigners are challenging the approval of a coking coal mine in northwest England.

State-run news channel TVP Info reported that the miner was conscious when rescuers reached him.

The African Development Bank has agreed to finance a feasibility study for the project, at a cost of about $4 million.