Centre plans to cancel coal mines if projects get delayed
Delays in implementation of projects may now cost steel and power companies their captive coal mines. For full story, click here
Articles Tagged "mines"
Coal SPV eyes 10% in Australian miner
International Coal Ventures (ICVL), the special purpose vehicle (SPV) formed by five large public sector units for scouting coal properties abroad, is set to make its first major acquisition in Australia. For full story, click here
Coal: Future outlook remains strong
Along with most in the commodity sector, the coal industry will likely take a hit in 2009, but many analysts are confident that coal demand along with prices will rebound in 2010. As energy demand from developing countries like China and India recovers, we’ll once again see upward movement in the coal price.
Coal: Commodity Favoured By Investors
Coal is the best commodity to get into right now. The recent global economic downturn has led to a slump in coal demand and production cuts, however serious investors are not shying away from what they see as a most opportune time.
Biz honchos like ArcelorMittal, Rio Tinto vie for CIL mines
Corporate biggies like Rio Tinto, ArcelorMittal, Reliance, Sterlite, Essar and JSW Steel have evinced interest in reviving 18 abandoned mines of Coal India. For full story, click here
CIL to close abandoned coal mines deal in 6 months
CIL is all set to finalize the deals to develop 7 underground and 19 abandoned mines in next 6 month’s time. For full story, click here
