September 23, 2011
(Updates with comment from analyst in fifth paragraph.) Sept. 23 (Bloomberg) -- Coal India Ltd., the world’s biggest producer of the fuel, plans to use its $9.2 billion of cash…
September 23, 2011
The Mongolian Cabinet Office would ask Canadian and Australian mining companies to renegotiate the Oyu Tolgoi copper-gold mining agreement, local media reported Thursday. Chimed Khurelbaatar, chief of the Cabinet Office…
September 22, 2011
A Norwegian mining company aiming to develop one of the world's largest nickel mines is taking extra measures to convince local populations the mine "is not what people perceive it…
September 22, 2011
GVK group, of which GVK Power & Infra is a part, is in talks with Indonesia's PT Kideco Jaya Agung for divesting part of its stake in the coal mines…
September 21, 2011
Tata Power is exploring global opportunities in power generation and coal mining as it is struggling with domestic policy issues and increasing coal prices at home. It looks at power…
September 21, 2011
News that the Mongolian government is rethinking a 2009 deal that gave Ivanhoe Mines and Rio Tinto a 66% stake in the massive Oyu Tolgoi gold and copper project has…
September 21, 2011
Shortage in supply of coal from domestic sources is likely to exceed 200 million tonnes during the next (12th) Five Year Plan (2012-17) if proactive measures were not taken to…
September 21, 2011
Mercator Lines has acquired 50 per cent stake in a coal mine in Indonesia's Kalimanthan province for about USD 30 million (Rs 145 crore), a top company official said today.
September 21, 2011
Without international agreements to limit greenhouse gas emissions, a new energy report sees world coal consumption taking off, rising from 139 quadrillion Btu in 2008 to 209 quadrillion Btu in…
September 21, 2011
Freeport-McMoran Copper & Gold reported on Wednesday that the strike at its Grasberg operations in Papua, Indonesia, which began Sept. 15, is costing the company about 3 million pounds of…
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