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Sasol Coal Mining Company to Build New Coal Mine Exports
Coal mining company Sasol has allocated R3,1-billion for the new export coal mine to replace the depleting Twisdraai operation.
The Thubelisha export coal mine, already under construction, will also supply Sasol’s synfuels factory in Secunda, in Mpumalanga province.
Sasol Mining’s output in the six months to December 31 was up 6%, but its profit of R170-million was [...]
PTC India Plans Joint Ventures for Coal Mining Assets
PTC India Ltd., the country’s largest power trader, plans to form joint ventures to buy stakes in mining projects abroad to help secure fuel supplies for Indian power producers who face coal shortages, its chairman said Monday.
New-Delhi based PTC plans to buy coal assets with overseas and Indian companies in Indonesia and Australia and may [...]
Joint Venture Coal Mining Company MEC Supply Coal To Tata Power
Middle East Coal (MEC) is a joint venture between the coal companies United Arab Emirates, RAK Minerals and Metals Investment (RMMI) and the UAE-based mining company Trimex. Middle East Coal (MEC) is in talks with Tata Power, the largest private power company in India. MEC has a source of coal mines that will be produced [...]
Exxaro Halts Funding for Coal Mine In South Africa After Power Plant Delay
Exxaro Resources Ltd. halted funding for a coal mine in South Africa and Anglo American Plc said it may have to slow development of the fuel because of delays in developing power plants by state-run utility Eskom Holdings Ltd.
Exxaro suspended funds for a 9 billion-rand ($1.2 billion) extension of the Grootegeluk coal mine after Eskom [...]
US-China Enhance Cooperation Use Of Clean Coal Technology : “21st Century Coal”
China and United States is country’s largest coal energy users in the world. Growth of industrial sector in both countries is cause of energy use of coal increased in both countries.
Increased use of coal as an energy source to make the two countries planned to use the technology of coal and coal exploration as an [...]
Punjab Chief Minister Approved Coal-Based Power Plant Project
Punjab Chief Minister Muhammad Shahbaz Sharif has approved Rs 980 million for the first coal-based power plant project in the province. This pilot project will be made functional within a period of one year to produce 50 MW electricity through coal gas mines in salt range area.
China’s Mining Companies Are Planning A Giant Mining Exploration Targets
China mining sector development plan for the exploration of mining potential in the country. The giant mining exploration plan will be carried out by China’s own mining company. Mining exploration plan has been done by taking over coal mining exploration activities undertaken by the mining company Felix Resources.
Xstrata Convince Anglo American Shareholders To Join
Xstrata Group, the largest mining company, has made an offer to the mining company Anglo American to join. But this offer was rejected by Anglo American, though some observers mining and banking, providing a very profitable reason for the two companies, in terms of financing the company’s operational efficiency.
British Mining Companies Face Challenge On Unjust Practices
Representatives of communities in Colombia, West Papua and the USA are in London to challenge the claims of two of Britain’s biggest mining companies that their operations are sustainable and fair. Critics say that in reality they are violating human rights and causing irreversible environmental damage.
