Govt to decide on idle coal blocks with 82 firms next month
The Economic Times.com reports that the Indian government has confirmed that next month they will decide upon fate of captive coal blocks lying idle with 82 companies
Archive for 2010
Iron Ore, Coal Demand to Drive Capesize Fleet Expansion at Nippon Yusen
Bloomberg.com reports that shipping company Nippon Yusen KK plans to triple its’ fleet to meet demands for iron and coal for India.
India’s ICVL May Counter Rio Tinto’s $3.9 Billion Riversdale Mining Offer
Bloomberg.com reports that International Coal Ventures may be considering a bid for Riversdale Mining (ASX:RIV)- in competition with a recently placed bid from Rio Tinto. (NYSE:RIO)
Rio Tinto offers US$3.9-billion for coal miner Riversdale
The Financial Post.com reports that Rio Tinto (NYSE:RIO) has offered to buy coal miner Riversdale (PINK:RFLMF) for $3.9 B.
SouthGobi Resources Closes Strategic Investment in Aspire Mining Limited
SouthGobi Resources Ltd. (TSE:SGQ) reports that it has completed the private placement with Aspire Mining Limited (ASX:AKM) announced on October 26, 2010.
Resource sectors to conjure ‘tsunami’ of investment
BivInteractive.com reports that the BC government is vigorously defending the Coal industry.
Deluge at Australian Coal Mines to Drive Gains in Global Prices
Bloomberg.com reports that coal output is being interrupted at Xstrata PLC (LON:XTA) and Rio Tinto’s (NYSE:RIO) Australian coal mines because of extreme weather.
Pike River receivers recovery plan complete today
Radio New Zealand.com reports that Pike River Coal’s(ASX:PRC) plans to recover the bodies of the remaining missing miners are now finalized
Coal Shortages in Central China Spur Demand
Bloomberg.com reports that Commodore Research & Consultancy believes that the demand for fuel is being increased by shortages of power-plant coal in central China presently.
Thelon Purchases Clear Fork Mining Co., Jellico Coal Project
Thelon Capital Ltd. (CVE:THC) reports that it has exercised its option to purchase Clear Fork Mining whereby Thelon will acquire the Jellico coal project, Tennessee.
