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Mining Efficiency Increases Growth Of Coal-Mine Industrial Sector
Commissioning of new projects and better mining efficiency pushed up the coal sector’s growth in April to 13 per cent, compared with 10.4 per cent growth in the same month last year, according to the Index of Industrial Production (IIP) figures released on Tuesday.
JSW Energy Close To Acquire Sub-Saharan African Thermal Coal Mine
Sajjan Jindal-led JSW Energy is close to acquiring a sub-Saharan African thermal coal mine, which has reserves of more than 200 million tonnes, to minimise dependence on other overseas companies, said a person with direct knowledge of the development.
Indian Underground Coal Mining Industry Seeking Modern Mining Technology
It is reported that the Jhanjra project, owned by Eastern Coalfields Limited, a subsidiary of Coal India Limited concluded its first annual production period in January 2009, achieving a record raw coal output of 631,770 tonne.
KMPG Reported Investment in Mining Exploration and Production in India
The massive infrastructure investment planned by India and China during 2009 could lead to a surge in iron ore prices again even as valuations have reduced as a result of falling prices which have had a knock-on effect on long-term iron ore contracts.
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.
Strait Asia Resources Plans To Increase Coal Mine Production to 20 million tones by 2012
In Reuters news online reported, Singapore listed Straits Asia Resources aims to more than double its annual coal production to 20 million tonnes by 2012 and may acquire two Indonesian coal mines to achieve that target.
Russian Mining Technology Will Effort India To Expand Coal Mining Exploration Technology
BS reported that Russia is keen on lending its technical expertise in coal mining equipment to West Bengal, which has huge reserves of coal, but not appropriate machinery.
Semirara Mining Corp. Plans To Export 2.5 mln Coal Mine This Year
Semirara Mining Corp., owned by the Consunji family, plans to export 2.5 million metric tons of coal this year, company officials said.
India Mining Companies and Industry Sector Plans To Import 100 Million Tons of Coal Mine by 2012
India will import as much as 100 million metric tons of thermal coal by 2012 as new power plants are built, according to Coal and Oil Group, the country’s largest importer of the fuel for energy generation.
