The Rs 500-crore mining solutions provider Thriveni Earthmovers, which has clients including Tata Steel, is foraying into the coal sector to cater to the domestic power and steel firms. For full story, click here
BHP Billiton has withdrawn its bid for part of Mongolia’s massive Tavan Tolgoi coking coal mine, which is valued at USD 2 billion. For full story, click here
Supply and demand of coal is expected to be a bit more important in 2009, with the almost irrational movement along with crude oil turning out to be less of an influence.
Xstrata Plc has shut down half its coking coal production at a mine in Australia, the latest cutback by miners in the country as a slowdown in global steelmaking slashes demand for coal and other raw materials. For full story, click here
The company is finalizing an extension of the agreement deadline with the vendors of Appolo Mines and Diversified Energy of Middlesboro, For full story, click here
American Coal Co. accuses the Mine Safety and Health Administration of abusive monitoring and issuing citations according to quotas. For full story, click here
GMR Infrastructure is close to buying PT Barasentosa Lestari coal mine in Indonesia for over $100 million. For full story, click here For GMR’s website, click here
Ensham Coal Mine is a finalist in the 5th Annual Australian Mining Prospect Awards. The company has shown continued determination & commitment to its team through a year of great adversity. For full story, click here For company’s website, click here
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