Volatility in New Zealand’s sharemarket came home to roost for coking coal mine producer Pike River Coal whose dream share run came to abrupt halt yesterday after gaining nearly 50% in value in the past month.
Pike River shares have steadily risen 48%, from $1.67 on May 30 to trade around $2.47.
However, yesterday they fell more […]
Giant steel company South Korean, POSCO does investment by doing purchasing of coal mine raw material from Australian coal mine company, Australian Macarthur Coal. purchasing value done by POSCO 10 per cent. this investment meant to anticipate lacking of coal mine raw material to process steel industry POSCO.
Ko Min-Jin tells, “The deal will help our […]
ArcelorMittal is ready with the Detailed Project Report (DPR) to be submitted soon to the Orissa government for its proposed greenfield steel mill in Keonjhar district and will soon go for land acquisition, a top company official said here today.
“We have urged the state government to hold gram sabha meetings in order to ensure smooth […]
Demand of coal mine exploration in Asia every year experiences improvement. Canasia Power Corp. a coal mine in India would soon does expansion of coal-fired power project becomes 1,320 megawatts.The project of anticipating demand increase of coal in Asian area
Expansion of this project will apply cleaning of coal technology supercritical. Usage of this technology hoped […]
The biggest steel producer of ArcelorMittal Monday said, to buys exploration company of coal mine US, Mid Vol Coal. Price of purchasing is not mentioned.
Mid Vol Coal is coal mining company US being based on in Virginia and West Virginia. One year ago this company had capacity produce of coal 1.5 million ton, and has […]
Mining plan for Moher and Moher-Amlori Extension coal block relating to Sasan Power Ltd for Sasan Ultra Mega Power Projects was approved by the Ministry of Coal earlier this month, an official source said.
Sasan Power Ltd is a Special Purpose Vehicle (SPV) set up by Power Finance Corp for the Reliance Power’s 4,000-Mw Sasan Ultra […]
Coal miner Sultan Mining and Energy Development Corp. is exploring the possibility of putting up a power plant in Daguma, South Cotabato, in the southern Philippines.
Sultan Mining’s coal resources are enough to power up a 300-megawatt power plant, according to sources familiar with the company’s activities.
Sultan’s wholly owned subsidiary, MG Mining and Energy Corp. (MGMEC), […]
Plans to mine for coal in the catchment areas of major rivers present a serious threat to South Africa’s fresh water resources.
Acid pollution caused by coal mining has already destroyed the Wilge River that flows through the Ezemvelo Reserve near Bronkhorstpruit, Mpumalanga, and has caused mass deaths of fish and crocodiles at the Olifants River […]
A giant Indian company that has bought up famous British firms such as Jaguar, Land Rover and Tetley Tea is to get hundreds of millions of pounds in “green” subsidies to build one of the world’s biggest coal-fired power stations.
Tata will receive huge sums from the West for building the power station in India, thanks […]
Australia’s Newcastle port is assessing whether to lift restrictions on ship movements as the world’s biggest coal-export harbor faces a second night of high seas and strong winds.
Ships off the coast are experiencing winds of 30 kilometers an hour (18 miles an hour) and seas of up to 6 meters, according to a government statement […]