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COAL

CIL weighs overseas and home investments

Coal major Coal India Limited (CIL) has received around 60 proposals to acquire equity in overseas coal assets, but the miner and the Indian government are yet to strategise on whether to invest money overseas or to focus on numerous stalled...
11th April 2014
 
TAXATION

Mozambique expects capital gains tax on mining transactions

Mozambique’s Tax Authority is still pursuing capital gains on the sale of the Benga project to Anglo-Australian mining major Rio Tinto. This was affirmed recently by Tax Authority President Rosário Fernandes at a press conference in Maputo....
4th April 2014
 
Company Announcement

Polish Bogdanka Mine Purchases Fourth Cat® Plow Longwall PDF Available

The Polish coal mining company Lubelski Węgiel Bogdanka S.A. purchased its fourth complete Cat® Plow Longwall system. All four longwalls center on the Cat GH1600 Plow System, the same model that Bogdanka used to set plow-equipped longwall...
3rd April 2014
 
Coal

Eskom-bound low-grade coal could soon face global demand

COAL UNDERMINED
Because South Africa has substantial coal reserves, the potential exists to expand its coal exports
The construction of new thermal power stations in India might prompt an increase in the export of low-grade South African coal to fuel these new power stations, reports international credit insurer Coface.
14th March 2014
 
Coal

Spin filters increase safety on coal mines

IAN FRASER
Inhaled coal dust is a serious health hazard and, in addition, an atmosphere loaded with coal dust can catch fire or even explode
When used in coal mining and materials handling processes, inertial spin filter technology for industrial dust separation can help eliminate the risk of coal-dust explosions and fires and create a safer working environment for mining company...
14th March 2014
 
COAL

India to develop coal block as pilot PPP project

India has decided to explore the development of greenfield coal block as a pilot project under a private-public partnership (PPP), and which would form the basis of an expert panel to evolve a framework for the transparent and legal collaboration...
19th February 2014
 
CORPORATE ACTIVITY

Three step down from Ncondezi Energy board

As Ncondezi Energy continues its transition from a mining company into an energy producer, three directors, namely Graham Mascall, Mark Trevan and Nigel Sutherland, have stepped down as nonexecutive directors. “The business has made significant...
17th February 2014
 
COAL

DTI, India’s State-owned coal miner to collaborate

India’s State-owned coal mining company Coal India Limited (CIL) and South Africa’s Department of Trade and Industry (DTI) have teamed up to explore mutual prospects and opportunities in South Africa’s mining industry value chain. The...
5th February 2014
 
COAL

Fortune Minerals on track with Arctos

Arctos drilling British Columbia is blessed with a raft of minerals and metals, the main ones being copper, precious metals, zinc, lead, molybdenum and thermal coal. But king of the castle is undoubtedly metallurgical coal, which accounted for $3.5-billion in...
22nd January 2014
 
COAL

India’s Steel Ministry seeks control of CIL coking coal assets

India’s Steel Ministry is seeking to hive off the coking coal assets of major Coal India Limited (CIL) into a standalone government company - a proposal with the potential to trigger off an inter-Ministerial tussle. In a communication to the...
21st January 2014
 
ENVIRONMENT

One year coal rights moratorium placed on BC cultural heartland

The British Columbia provincial government and the First Nation Tahltan Central Council (TCC) on Monday announced in a joint statement an agreement pausing the granting of new coal mining rights in the Tahltan Klappan area for a year. Called the...
17th December 2013
 
COAL

India explores revival of fire ravaged coalfields

India’s Steel Ministry has mandated Mecon, a government-owned engineering consultancy, to prepare a study for the revival of the Jharia coalfields, in eastern India, identifying foreign technical expertise in underground fire control and...
12th December 2013
 
 
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