China will shut 6,000 non-coal mines in an effort to reduce mining accidents and deaths by 2020, the State Administration of Work Safety said in a five-year plan.
In an effort to receive more financial benefits from mining operations, the government's proposal will also require investors in the sector to get legislative approval before operating.
Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.
Six out of 10 labourers toiling in southern Indian quarries for granite for tiles, fireplaces and kitchen counters around the world are working in dangerous conditions to repay huge loans, charities mapping the hidden supply chain said on Wednesday.
OZ would begin construction of its Carrapateena copper mine in Australia, the country's largest undeveloped copper project, which it estimated would cost A$916 million ($724 million).