Mozambique is New Coking Coal Focal Point
Mining Weekly reported that coal miners are looking to Mozambique as a source of coking coal.
Articles Tagged "mozambique"
Vale Starts Study on Coal Terminal at Mozambique’s Deepwater Nacala Port
Bloomberg reported that Vale (NYSE:VALE) has begun a study regarding a potential new coal terminal in northern Mozambique.
Coal Exploration Hotspots
New destinations for coal exploration are emerging in order to meet the rising demand for coal.
Grindrod to Expand Coal Terminals
Reuters Africa reported that increasing need for export capacity means coal terminals in South Africa and Mozambique will be expanded.
Riversdale Potentially Most Exciting Coal Find Since Bowen Basin
Mineweb reported on the buzz over a major coal discovery in Mozambique.
Rio Tinto Extends Bid for Riversdale By 3 Days
Reuters Africa reported that Rio Tinto (NYSE:RIO) extended by three days its bid to acquire Riversdale (PINK:RFLMF).
Mozambique Ncondezi Coal Plans to Invest $400 Million
Reuters Africa reported that Ncondezi (LON:NCCL) expects to start producing coal in the Zambezi coal basin by 2015.
India Seeks Coal
India is on a coal buying spree ad the nation is scrambling to cover an expected shortfall in domestic supply. Coal majors are entertaining all levels of deals, from minority stakes in mines to becoming an operator. Many are chasing stakes in large-scale mines of 10 million to 15 million tonnes a year. Also being eyed are mid-sized thermal coal blocks in Australia.
Australia's Riverside has concluded Mozambique Coal Study
Australia’s Riversdale Mining has completed a feasibility study for a coal mine in Mozambique and will send it to Indian firm Tata Steel, which has a 35 percent stake in the project, to analyse. For full story, click here
NTPC will engage bankers to acquire overseas Coal Mines
State-run power generation company NTPC declared that it would appoint merchant bankers next month for acquiring coal mines identified by the company in Indonesia and Mozambique. NTPC Chairman and Managing Director R S Sharma stated: We will appoint merchant bankers to do the due diligence for Indonesia and Mozambique coal mines that we identified. For [...]
