mineral exploration project – commodity prices – mining stock- trade and market

China’s strong demand of coal has pushed up prices offered by South African suppliers.

As the biggest consumer of coal, China had imported 13mln tons of coal in November 2009, 2.2mln tons more than the same period previous year.

Britain’s biggest coal producer, UK Coal reported a lower production than expected, prompting the company’s stock declined in the period of seven months. The problem companies face is a deep mine production. Mining...