Playing the long game Down Under Tim Hands, Grant Thornton,...

Playing the long game Down Under

Tim Hands, Grant Thornton, Australia.
It is an undeniably tough time for coal miners. Prices for both thermal and metallurgical coal are at multi-year lows and recent production cuts by major miners have not done enough to limit oversupply.

A recent 2014 Grant Thornton survey of Australia’s junior miners confirmed this view. It found:..........

http://www.worldcoal.com/special-re...oration-and-mine-development-review-coal1980/

I like the last paragraph.