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Buyers Guide News Markets Buyer's Guide Advertise RSS Newsletter The Northern Miner MINING.COM Canadian Mining Journal Sign In Join Profile Sign out Copper Gold Lithium Nickel Commodities Iron Ore Rare Earth Coal Uranium Cobalt Diamond Zinc Platinum Palladium Silver Potash Suppliers Equipment TOP 50 USA Canada Australia Regions Africa China Latin America Europe Asia TNM Maps TNM Marco Polo The real cash cow in mining isn’t metals. It’s bad old coal Bloomberg News | October 10, 2018 | 12:55 pm Base Metals Energy Top Companies China Coal Copper Zinc
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For all the bullish talk about metals of the future, miners are making some of their biggest profits from heavy-industry stalwart coal.
Base metals from copper to zinc have tumbled this year, caught up as a proxy for trade fears and emerging market jitters. Meanwhile, coal has ground steadily upwards, supported by strong demand from top commodities user China, and is trading near the highest in more than six years.
That’s translating into big paydays for producer...
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