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Indian Steel Company JSW Steel Plans to Acquire Coking Coal Assets in US
JSW Steel plans to acquire coking coal assets in the U.S. Funds set up by JSW Steel to acquire coal assets worth $ 100. Acquisition of coking coal assets in order to save cost and efficiency. Coal mines that have been approved for the acquisition is a group of mines in western Virginia.
Joint managing director [...]
Riversdale Mining and South Africa Mining Companies to Start Coal Production Benga Project in 2011
Riversdale Mining has contracted a subsidiary of South African leasing and capital equipment firm Eqstra for open pit mining at its coal mine in Mozambique, it said on Wednesday.
The deal with MCC Contracts Pty Ltd, an open cast mining unit at Eqstra, covers mining for the first phase of the Benga project, with a run [...]
Bathurst Resources Signed Joint Venture Agreement to Purchase L&M Coking Coal Exploration Assets at Buller
Australian coal mining company, Bathurst Resources Ltd has signed a joint venture agreement to purchase L&M Coal Holdings hard coking coal exploration assets in Buller.
Bathurst, with a market capitalization of about $ A7 million ($ NZ9 million), signed a joint venture agreement with L & M Coal in early February and would like to complete [...]
Baobab Resources Best Iron Ore Mining Company in Tete
Baobab Resources owns a number of exploration licences in the southeast-African state of Mozambique. Most notable of these is a large iron ore deposit in the Tete region, where scout drilling recently resumed after the end of the local wet season.
As Asian demand for steel has driven up the price of iron ore – and [...]
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.
Coal India Started Negotiations With Coal Mining Companies
Owned coal mining company of India, Coal India Limited (Cil) has started negotiations with several companies of the world’s largest coal mining for coal supply in 2010. This program is conducted in order to meet the electric energy supply in the country of India.
A total of 52 mining companies globally have shown interest in forming [...]
Coal India To Open Cooperation With Other Companies To Develop A Coal Mine Blocks
Some time ago Steel Authority of India Ltd (SAIL) and Tata Steel on the government’s request to allocate a block of Indian coal mines managed by CIL.
Chairman of Coal India Ltd. (CIL) said, little was ready to develop coking coal blocks together Tata Steel. Coking coal blocks to be developed in conjunction with a small [...]
China Coal Exports Down Reaching Lowest Number In September, 2.9 Percent YoY
Statistical reports, China coal exports down reaching the lowest number this year. The number of coal exports in September 2.02 million tons, compared to last year China’s coal exports could reach 2.08 million tons in September last year. Export monthly average fell more than 50% in the first eight months.
India Coal Mine Production Increased To Reach 184.4 Million Tons
Indian State Minister for coal report, the Indian coal production reached 184.4 million tons in the fiscal first half, the amount of coal production is higher than the same period reached 167.8 million tons. The increase in the amount of production expected to increase 9.9 percent. Increased production resulting from coal mining company Coal India [...]
