TurkPower Acquires Part of Toguchina Coal Field
TurkPower Corporation (OTCBB:TRKP) announced that its subsidiary company has acquired a mining lease on the Zavyalov Square Part 1 of the Russia-based Toguchina coal field.
TurkPower Corporation (OTCBB:TRKP) announced that its subsidiary company has acquired a mining lease on the Zavyalov Square Part 1 of the Russia-based Toguchina coal field.
Reuters reported that rail issues are to blame for slower growth in Russia's coal exports.
Bloomberg reported that Russian coal companies are investing in transport infrastructure in Siberia to boost coal exports.
Bloomberg reported that Russian companies Severstal, Evraz Plc (LSE:EVR), En+ Group, and Russian Copper Company are planning mines and a state-backed railway in Russia's Tyva region.
Reuters reported that Russia's Prime Minister will inject $8 billion into improving the country's coal sector.
Bloomberg reported that Russian coal producer Kuzbassrazrezugol intends to decrease production this year.
Bloomberg reported that NMDC Ltd. (NSE:NMDC) is making a $300 million coal acquisition.
Reuters reported that coal miners in Russia have been approved to restart operations following a recent earthquake.
TurkPower Corporation (OTCBB:TRKP) announced it has agreed to acquire coking coal inventory and a coal property in Russia.
Reuters reported that Mechel's (NYSE:MTL) quarterly profits were lower than forecast.
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