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. For full story, click here
Twenty-nine coal projects meant for power generation in the country are awaiting environmental clearance. For full story, click here
Coal & Oil Group is planning to invest around $300 million to purchase new ships and to acquire coal mines. The company is planning to invest the money to support its customer coal requirements in India and to meet its captive requirement for the upcoming project at Tuticorin. For full story, click here
The government on Friday spiked coal supply assurances called linkages in industry parlance of 25 captive power projects with a view to weeding out non-serious players and freeing up fuel for plants running short. For full story, click here
The Mayawati government on Tuesday set the ball rolling in the Centre’s court over bleak power situation in the state when it asked for specific provisions while allocating coal blocks for various thermal power stations. For full story, click here
South Africa’s Richards Bay Coal Terminal declared the completion of a project to expand the export facility had been delayed to the fourth quarter of this year from a July 1 target. For full story, click here
Red Hill Energy (CVE:RH) announced today that their 100% owned Ulaan Ovoo coal project in Mongolia received a positive pre-feasibilty study. The study shows at a coal price of $76US/tonne, an after tax and royalty NPV of $US250 million with a discount rate of 10%.
The Ministry of Natural Resources and Environment reported to have instructed the Dong Bac Company to cease coal mining in the area near the Yen Tu sacred mountain in Uong Bi and Dong Trieu districts of Quang Ninh province. For full story, click here
Three proposed projects in the Durgapur-Asansol area, land for which had already been identified is reported to have been shifted and the aerotropolis project will also be shifted slightly in order to protect the coal reserves. For full story, click here
China has discovered a new coal field containing more than 13 billion tonnes of proven coal reserves in the northwestern region of Xinjiang, the China News Service reported on Monday. The 1,400 square-kilometre Sha'erhu coal field, located in the county of Shanshan in eastern Xinjiang
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