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Coal India Ltd. Receives 17 Bidding For Coal Mining Exploration

Monday, October 6th, 2008

17 companies from national and international, has distillation of coal mining exploration by 18 coal-mines owned by Coal India Ltd ( CIL).
“The proposals are now being evaluated by the Central Mine Planning and Design Institute (CMPDI)” a source close to the development told media..
The bidders are Xindia Steels, Walter Southeast Asia, Afcon Infrastructure, Essel Mining […]

China Oil and Gas Producer, PetroChina Sign Agreement to Sell Natural Gas

Sunday, October 5th, 2008

PetroChina, the country’s largest oil and gas producer, has signed its first natural gas distribution agreement, in which it will be responsible for selling natural gas distributed through the pipeline from Burma to Yunnan province, sources reported.
Under the agreement, PetroChina’s subsidiary PetroChina Kunlun Gas Ltd (51%) along with three local companies, namely Kunming Cola Gas […]

Macarthur Coal To Decide Thermal Coal Mine Project in North Burnett

Saturday, October 4th, 2008

New and information on ABC News reported, Macarthur Coal says it will decide by the end of the year whether to proceed with a thermal coal mine in the North Burnett.
The company was granted a mining lease for the site near Monto in 2005, but needs to assess whether it is still financially viable.
Executive general […]

Steel Authority of India Limited Plans To Invest Iron Ore Mine Exploration in Kanjamalai hill

Monday, September 29th, 2008

The run for the resource-rich Kanjamalai, a hill located near Salem, has acquired a new dimension with Union Steel Minister Ram Vilas Paswan appealing to the Tamil Nadu Government to allocate the iron ore mines in the hills to the public sector Steel Authority of India Limited (SAIL).
Mr. Paswan, participating at the foundation stone laying […]

Mining Exploration Company Joint Venture, Ethio-Pak Coal plc. Begins Coal Mine Production

Friday, September 26th, 2008

Ethio-Pak Coal is established with an initial investment capital of $10 million in 2005 by two Ethiopian and one Pakistani company. The 40 percent share of the total company belongs to Ezana Mining and 25 percent to Mesobe Cement Factory, while the remaining 35 percent share of the company belongs to the Pakistani company, Tradesman […]

Grange Resources Ltd. Merge With Australian Bulk Minerals, Merger To Anticipate Demand Increase Of Iron Ore Mine

Friday, September 26th, 2008

Australian miner Grange Resources Ltd. and Chinese-backed Australian Bulk Minerals (ABM) said on Sept. 25 they had agreed to merge to capitalize on rising global demand for iron ore.
The deal to create a company with a market value of about a billion dollars (US$840 million) gives Chinese steel producer Jiangsu Shagang Group Ltd., ABM’s biggest […]

India Steelmaker Companies Wins Exploration Rights 100 Million Iron Ore Reserve In Chhattisgarh

Monday, September 22nd, 2008

‘As many as five companies, including Tata Steel and ArcelorMittal, are in the race,’ Raman Singh told IANS. The winner will form a joint venture with the state-owned Chhattisgarh Mining Development Corp (CMDC).
The bid was opened last month at the CMDC meet and the result is likely to be announced by October.
ArcelorMittal, the world’s largest […]

Firestone Energy Support Plans Acquisition Two South African Coal Projects

Saturday, September 20th, 2008

Firestone Energy, Australian mining exploration company, supported its planned acquisition of a stake in two South African coal projects, near Exxaro’s Grootegeluk mine, it said on Thursday.
The company planned to buy the Vetleleegte and Olieboomsfontein coal projects by acquiring Checkered Flag Investments, which has the rights to earn the stakes under a joint-venture agreement with […]

Firestone Energy Support Plans Acquisition Two South African Coal Projects

Friday, September 19th, 2008

Firestone Energy, Australian mining exploration company, supported its planned acquisition of a stake in two South African coal projects, near Exxaro’s Grootegeluk mine, it said on Thursday.
The company planned to buy the Vetleleegte and Olieboomsfontein coal projects by acquiring Checkered Flag Investments, which has the rights to earn the stakes under a joint-venture agreement with […]

Arrow Energy Joint Venture With Xinjiang Autonomous Region To Develop Coalbed Methane in Xinjiang

Wednesday, September 17th, 2008

Arrow Energy has advanced technologies and equipment in coalbed methane exploration and exploitation, and has successfully operated several commercial development projects in Australia and other countries. Now, it produces 50% of coalbed methane of the total of Australia.
The Ninth Geological Prospecting Team of Xinjiang Geology and Mining Bureau is the licensed entity to cooperate with […]