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SouthGobi Energy Stock Offering To Raise $ 400 Million HK
SouthGobi Energy, mining company based in Vancouver, planning to increase sales of shares of approximately HK $ 400 million. SouthGobi Energy shares 80 percent owned by Ivanhoe Mines, the Canadian mining company, the remaining shares are owned by institutional investors and mutual funds.
Coal of Africa To Acquire Thermal Coal Producers Nucoal Mining
Coal of Africa (COAL), coal development company operating in South Africa, plans to acquire a manufacturer of thermal coal NuCoal Mining. This mining company has assets in South Africa in Mooiplaats Coal mining regions.
Coal India Started Negotiations With Coal Mining Companies
Owned coal mining company of India, Coal India Limited (Cil) has started negotiations with several companies of the world’s largest coal mining for coal supply in 2010. This program is conducted in order to meet the electric energy supply in the country of India.
A total of 52 mining companies globally have shown interest in forming [...]
Goldsource Discovered Coal Resources at Hudson Bay Region
Goldsource discovered coal resources are large, estimated coal resource could supply the energy needs in the region listri Saskatchewan province as much as 10 to 20 percent.
Goldsource director, says Scott Drever, “For me this is a source of energy, and whether it is in the form of electricity through power stations or in the form [...]
Coal India To Open Cooperation With Other Companies To Develop A Coal Mine Blocks
Some time ago Steel Authority of India Ltd (SAIL) and Tata Steel on the government’s request to allocate a block of Indian coal mines managed by CIL.
Chairman of Coal India Ltd. (CIL) said, little was ready to develop coking coal blocks together Tata Steel. Coking coal blocks to be developed in conjunction with a small [...]
Coal India Seeking Joint Venture To Acquire Coal Mining Assets
Indian Government plans to sell 10% stake in the companies are not registered and listed coal mining company. Even shares of the largest coal mining company of India, Coal India (CIL) ready for action packed FY 10-11, other than the IPO. Coal India (CIL) joint ventures seeking to obtain $ 1.5 billion investment.
Glencore Will Buy Back Prodeco Coal Mines Assets From Xstrata Mining Company
Glencore is a mining company that operated the mine Prodeco. Prodeco coal mines located in the region of Colombia. Prodeco mining assets sold to Xstrata in January, when the company’s financial weakening.
Prodeco sales of $ 2 billion allowed Glencore to subscribe to rights issues Xstrata, the London listed global miner where Glencore has a 34 [...]
Indian Government Expects Financial Market Policies Supporting To Development Coal Mining Sector
Indian government expects the private sector participation to develop a coal mine, because coal mining industry plays an important role to ensure the availability of energy supplies to other sectors. It is estimated that demand for coal in 2031-2032 will reach the 2:34 billion tons per year. When compared with current coal production, the required [...]
Sales Of Rio Tinto Thermal Coal Assets Expected Reach $ 10 Billion
Australian newspaper reported, asset sales Rio Tinto mining company is expected to reach $ U.S. 10 billion. New York Stock Exchange issued a list of recent bond sales and thermal coal mining company Rio Tinto.
Mining companies promotional activities to achieve sales target shares. Promotion activities conducted in the United Kingdom and the United States.
