Archive for November, 2008

Anglo American Plc keen on Indian tie-ups in mining

Global mining major Anglo American Plc today said it is keen on roping in local players to forge joint ventures in India’s mining sector, where the UK-based firm intends to be a long-term player.The company is interested in coal mining in the country. For full story, click here

Greens slam lax Hunter coal pollution watch

Coal mining companies continue to breach their environmental pollution licences and the State Government is failing to crack down on them, according to the latest government figures made public yesterday by the Greens political party. For full story, click here

NMDC Collaborates with WBMDTC for Coal Mining

Public sector major NMDC Limited has signed a MoU with the West Bengal Mineral Development & Trading Corporation Ltd (WBMDTC) to explore, develop and mine Deocha-Pachmi coal block in Birbhum. For full story, click here

Teck Drops to Lowest in 20 Years

Teck Cominco dropped to the lowest price in 20 years after announcing it would halt dividends and cut spending to repay debt from last month’s purchase of Fording Canadian Coal Trust. For full story, click here

Coal-powered energy: here to stay

Most environmentalist groups are confident that an Obama presidency will usher in a new age of greener energy sources in the U.S. However, coal may be clamped down on from mine mouth to smokestack, but it’s not as though it’s going out of style.

NMDC signs MoU with WBMDTC for coal mining

NMDC Limited, signed a MoU with West Bengal Mineral Development and Trading Corporation to explore, develop and mine coal at Deocha-Pachami block in Birbhum district. For full story, click here