Metal & Oil & Gas News –

Like many other matters, the government is also optimistic about increasing annual coal output to one billion tonnes by 2020. This suggests Coal India’s output should start to improve, if it has to reach the targeted levels in five years. ...

Coal prices, already down 52 percent since 2011, are forecast to keep falling. The rout shows that exporters’ OPEC-like tactics of trying to squeeze out high-cost producers have been frustrated by the rising dollar. Miners from Colombia to Australia maintained ...