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China Set Up Coal and Coking Coal Futures in Shanxi Coal Mine
China should set up a coal and coking coal futures exchange in Taiyuan, capital city of the coal-rich Shanxi Province, as soon as possible, a lawmaker said Friday.
Launching coal and coking coal futures would allow investors to use arbitrage to preserve value of coal and coke in the production, transportation, and sales process, and would [...]
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 [...]
Vietnam National Coal-Mineral Indutries Submit Proposals Coal Price Rise
Vietnam National Coal-Mineral Industries Group (Vinacomin) submitted proposals to the government to raise the price of coal, because the production cost of coal used to produce an increase, especially fuel prices, labor costs and tax increment mining experience.
Coal Exporter Macarthur Coal To Purchase Offer Gloucester Coal
Largest coal exporter in the world, Macarthur Coal Ltd. plans to buy a coal mining company to expand the exploration of coal mining operations in Australia. Mining companies to be bought by Macarthur Coal is the Gloucester Coal.
Macarthur Coal expects the purchase of Gloucester will provide the production control of coal mines for power generation [...]
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 [...]
Arch Coal Completes Acquisition Of Rio Tinto’s Jacobs Ranch Coal Mine Purchase Price $764m
Arch Coal has completed the acquisition of Rio Tinto’s Jacobs Ranch coal mine for a purchase price of approximately $764m, which includes an estimate for working capital adjustments. In 2008, Jacobs Ranch produced 42.1 million tons of sub-bituminous coal for sale to the US power generators.
Antioquia Gold Drilling Colombian Assets
Colombia has emerged as a prolific source of new gold deposits during the last several years, and Antioquia Gold Inc. is the latest TSX Venture listed company to begin exploration there. Antioquia controls a 100% interest in 6 mining concessions covering a total of 279 hectares (Guayabito) and a 90% interest in 2 additional [...]
Zimbabwe Get $ 100 Million Investment For The Development Of Gold Mining And Coal Mining Projects
Zimbabwe is a country that has a mineral resource potential to be developed. Potential sources of mine that can be explored is a gold mine, coal and diamond mines. However, financial constraints to finance mining exploration project, causing the potential mineral resources have not been able to contribute the maximum on the Zimbabwe economic growth. [...]
CIL To Increase Coal Production To Supply Electricity In The Country
CIL is a coal mining company that is financed by the state. CIL is a company that produces coal for electricity supply to support in India. In addition to meet the demand of coal in the country, CIL also produce coal for export to other countries.
