Tag Archive | "stake"

Coal India will Divest Govt. Stake Via IPO Within a Year

Wednesday, August 19, 2009

Commenting on the company’s initial public offer plans, Partha S Bhattacharyya, Chairman, Coal India, says, “We see a one-year timeframe for the IPO. It will primarily be from disinvestment of government stake.” For full story, click here

Australia's Riverside has concluded Mozambique Coal Study

Tuesday, July 21, 2009

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

Coal Unions have opposed Disinvestment Of CIL

Friday, July 3, 2009

Five major coal unions on Thursday opposed the government’s move to sell its stake in Coal India saying the firm is competent enough to meet its financing needs and demanded infrastructure status for the sector. For full story, click here

Coal Unions have opposed disinvestment of CIL

Friday, July 3, 2009

Five major coal unions on Thursday opposed the government’s move to sell its stake in Coal India saying the firm is competent enough to meet its financing needs and demanded infrastructure status for the sector. For full story, click here

Armadian Tritunggal set eyes on $1 billion sale of Berau Coal

Wednesday, April 8, 2009

Indonesian investment firm Armadian Tritunggal announced that it is exploring the sale of its majority stake in coal miner PT Berau Coal, in a sale that could value the coal firm at around USD 1 billion. For full story, click here

ArcellorMittal purchase stake in Coal of Africa

Tuesday, April 7, 2009

ArcelorMittal SA, the South African unit of the world’s No. 1 steel maker, has acquired a 16.3 percent stake in Coal of Africa Ltd. for $44.98 million in cash. For full story, click here

Beach reported sale of coal seam gas stake for $286 mln

Friday, April 3, 2009

Australia’s Beach Petroleum Ltd, a second-tier oil and gas producer announced that it has sold 40 percent of its stake in a coal seam gas field to Arrow Energy Ltd for up to $286.3 million. For full story, click here

Straits Resources sits pretty on coal sale

Monday, March 23, 2009

Straits Resources revealed that it has just  sold its stake in its coal assets to Thailand’s PTT International Company for $US335 million. For full story, click here

Tata Power turned down on selling stake in Indonesian coal mines

Tuesday, March 17, 2009

Tata Power Company  reported  that the company has no intentions to sell its stake in two Indonesian coal mines owned by PT Bumi Resources For full story, click here

Coal SPV eyes 10% in Australian miner

Monday, December 1, 2008

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      

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