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JSW Steel Plans Investment In Coal Mining Assets
Largest steel maker in India, JSW Steel to search coal mining assets that allows for investment. Search coal mining assets include some countries that have the potential of coal resources. Investment plans in anticipation of a coal mine which supplies coal needed by the company to continue production of steel.
Australian Mining Company Riversdale Plans To Build Coal Mines In Mozambique
Riversdale is an Australian mining company which has mining exploration investment in some countries. The increase in demand for coking coal and thermal coal from the steel industry and power plants to encourage increased investment in Riversdale opening new coal mines to increase coal production, so the company can compete with other coal mining.
South Africa Enhance Capacity Of Coal Shipping Port In 2010
South Africa is a country of the world’s largest coal exporter. Company-the world’s largest mining company to invest a lot of searching and exploration of coal mines in South Africa.
South African coal production always increased from year to year, but the South African government faces constraints to deliver coal production, because the capacity of the [...]
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.
Tata Power Plans To Buy Coal From Coal Mines In Mozambique
Largest electricity supply companies in India Tata Power plans to buy coal from coal mines managed by the Australian mining company Riversdale. Planned purchases of coal from Riversdale to secure the supply of coal as a fuel electricity.
Mining Stock, U.S. Coal Mining Companies Share Fell After Macquarie Research Downgraded
Stock in U.S. coal mining companies fell on Wednesday after Macquarie Research downgraded the sector to ‘neutral’ from ‘overweight,’ saying it believes demand for seaborne metallurgical, or steel-making, coal in China is slowing.
Analyst Curt Woodworth also said the fundamentals for thermal coal, used mainly by utilities to generate electricity, continued to worsen and he expected [...]
Brazilian Mining Company, Vale Begins To Develop Coal Mine Project in Tete, Mozambique
Brazilian major diversified miner Companhia Vale do Rio Doce (Vale) has started development of its $1,3-billion Moatize coal project in Tete province, Mozambique. Production is scheduled to start in December 2010.
India Starts Auction of Oil, Gas Exploration Areas (Update2)
India started its largest auction of oil and gas fields, offering 70 areas for exploration when energy producers are cutting investments because of falling prices and the global recession.
China Coal Mining Company, Yanzhou Coal Mining Co. Plans Take Over Felix Resources
Yanzhou Coal Mining Co.’s talks to take over Felix Resources Ltd., whose stock gained 9 percent last year, have stalled after price disagreements, two people with knowledge of the matter said.
