Xinwen is the third-largest coal miner in China and this acquisition comes after its bigger rival China Shenhua Energy bought an exploration licence near Gunnedah from the NSW government in Australia last month for $261 million.
Xinwen Mining Group has acquired Australian Linc Energy’s, Teresa exploration permits in the Bowen Basin for $1.5 billion as it […]
Blizzards and floods half a world away have helped push Pennsylvania toward a coal-mining boom.
Efforts by China, India, Russia, Brazil and other countries to build their industrial bases and extend their electrical grids have raised prices in recent years, as demand started outstripping the worldwide coal supply.
Australia exports about one-third of the coal sold on […]
Since power sector utilities have not been able to import the coal that they had earlier planned for this year, CIL has been asked to import coal for them, a senior official told The Hindu. He indicated that this was agreed earlier this week after talks between the two ministries and also with Planning Commission […]
Research to coal-mine potency in mountain Lake Sebu, South Cotabato by foreign corporation to give hope will be new coal-mine exploration in South Cotabato, Philipines.
The study recommended the construction of a road to haul the coal from the site to a port for shipment. The straight-line distance of the proposed road from the Daguma mine […]
“The demand for coal will reach two billion tonne mark by 2016-17. We need to grow at the rate of 17-18% from present 6-7% to meet this growing demand,” Coal India Ltd (CIL) Chairman Partha S Bhattacharyya said at the ICC Coal Summit in New Delhi.
“We need to employ new mining technologies to go deeper […]
Coal India will give preference to companies that offer it an opportunity to develop and operate coal mines abroad in retrospect, the company said in its offer for expression of interest.
Coal India Ltd is awaiting expression of interest from corporations for jointly producing coal from 18 of its abandoned underground mines to secure future supplies […]
Marius Kloppers is determined to win his $127bn battle to merge BHP Billiton and Rio Tinto, but must beat regulatory hurdles - and Rio’s opposition. Ruth Sunderland met a late starter who could become one of the globe’s most powerful men.
Marius Kloppers, chief executive of mining giant BHP Billiton, could be the patron saint of […]
India’s leading coal producer South Eastern Coalfields Ltd (SECL) has curtailed coal supply to private parties in nine states to help the state-run power plants tide over the present coal supply crisis, a company official said Saturday.
“Following the order of the union government, SECL has curtailed coal supplies to the private parties up to 30 […]
Pike River Coal (PRC) expects to crank up to 150 staff by June next year when it plans to be in full production.
The West Coast underground coal mine in the Paparoa range, 46km north of Greymouth, posted a loss of $1.14 million yesterday for the year to June 2008.
That reflects the mine still being in […]
The iron ore reserves in Brazil are estimated to be in the region of 300-500 mt, he added. Mr Mittal was speaking after the company’s 23rd AGM here on Thursday.
In India, Ispat has been allotted iron ore mines in Jharkhand and coal mines in Madhya Pradesh.
Ispat Industries has taken steps to start iron ore mining […]