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A multi-billion dollar bidding war for most of Rio Tinto's Australian coal mines has broken out between China-backed Yancoal and Glencore after the Swiss commodities giant made an unexpected offer.
Amulti-billiondollarbiddingwarformostofRioTinto'sAustraliancoalmineshasbrokenoutbetweenChina-backedYancoalandGlencoreaftertheSwisscommoditiesgiantmadeanunexpect
South Korea's military on Monday accused the Democratic People's Republic of Korea (DPRK) of planting anti-personnel landmines after violating the military demarcation line (MDL) that had wounded two South Korean soldiers on a regular patrol duty in the demilitarized zone (DMZ) a week ago.
The Chinese navy has conducted a mine clearance drill in formation in the South China Sea for the first time, according to a navy's statement.
China plans to shut down over 2,000 small-scale coal mines by 2015 in an effort to eliminate outdated capacity and improve work safety, according to the State Administration of Work Safety.
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