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Six Coal Mines Closed Due Mining Exploration Regulation
Six coalmines have been closed in Donetsk region (East Ukraine) due to violations of gas and coal dust regulations, fire safety, and the absence of individual safety equipment, the press service of the State Committee for Industrial Safety, Labor Protection and Mining Supervision has said.
China Coal Mining Exploration After Earthquake In China
Local prices for raw coal for power generation have remained stable in the week following the devastating earthquake that hit southwestern China’s Sichuan Province, an analyst told Interfax today.
Ex-factory prices for raw coal in Sichuan have stayed around RMB 400 ($52.14) per ton, the same [...]
China Ambitious Strategy to Buy Australian Mining and Power Plan Assets
CHINA’S largest power company has its eyes on Morris Iemma’s $15 billion sell-off, as part of an ambitious strategy to buy Australian power, coal and even uranium assets.China Huaneng Group has already bought power assets in Queensland and Singapore and now wants to greatly expand its presence in South-East Asia and Australia.
The company has asked [...]
Coal companies gear up to fill mines to avoid inundation
With the onset of monsoon, coal companies in Jharkhand are gearing up to fill up the abandoned mines to avoid inundation and avert disasters.
The chances of mine disasters increase during the monsoon. Rain waters flood the abandoned mines and chances of seepage of the water to the working mines increase. Hundreds had died in the [...]
NMDC To Pump In Rs. 18,000 Cr In Five Years For Overseas Coal Mining And Steel Production
The National Mineral Development Corporation Ltd on Sunday announced that it is planning to diversify into overseas coal mining and steel production in a big way. In this connection, the company proposes to pump in around Rs. 18,000 crores in the next five years.
The Hyderabad-based company plans to establish a sponge iron plant at Jagdalpur, [...]
NMDC To Pump In Rs. 18,000 Cr In Five Years For Overseas Coal Mining And Steel Production
The National Mineral Development Corporation Ltd on Sunday announced that it is planning to diversify into overseas coal mining and steel production in a big way. In this connection, the company proposes to pump in around Rs. 18,000 crores in the next five years.
The Hyderabad-based company plans to establish a sponge iron plant at Jagdalpur, [...]
NMDC To Pump In Rs. 18,000 Cr In Five Years For Overseas Coal Mining And Steel Production
The National Mineral Development Corporation Ltd on Sunday announced that it is planning to diversify into overseas coal mining and steel production in a big way. In this connection, the company proposes to pump in around Rs. 18,000 crores in the next five years.
The Hyderabad-based company plans to establish a sponge iron plant at Jagdalpur, [...]
NTPC, BEML join hands for coal mining
National Thermal Power Corporation (NTPC) and Bharat Earth Movers Limited (BEML), two state-run firms, Thursday announced their tie-up to explore opportunities of joint business development in coal mining.
NTPC has recently entered the coal mining sector and has been allotted six coalmines by the government. It would require huge quantities of equipment, spares and dedicated services [...]
Regulator for coal sector could be explored: Ahluwalia
Planning Commission Deputy Chairman Montek Singh Ahluwalia Monday said the feasibility of having a regulator for the coal sector could be explored with the opening up of mines for captive use and increase in imports to bridge shortfall.
‘It needs to be explored whether a regulator is required for the coal sector,’ Ahluwalia said, addressing an [...]
