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Neyveli Lignite Invites Global Bids to Develop Coal Mines in Odisha, India
October 5, 2017
State-owned Neyveli Lignite Corporation (NLC) has invited global and domestic firms to develop and operate its two coal mines with a production capacity of 20 MTPA in Odisha. The development assumes significance as some of the power plants in the
Glencore to Increase Stake for $531 Million in Peru Mining Company Volcan
October 5, 2017
Miner and commodities trader Glencore PLC has agreed to buy a further stake worth at least US$531 million in Peru’s largest zinc miner, Volcan Compania Minera SAA, the company said on Tuesday. Glencore, which has been a shareholder in Volcan
MCH Acquires Coal of Africa’s Mooiplaats Thermal Coal Mine
October 3, 2017
Coal of Africa Limited (CoAL) and its subsidiaries announced on Monday that it will sell all their shares in Mooiplaats thermal coal colliery to a consortium of investors. In a notice to shareholders, CoAL said the company, along with subsidiary
Australia’s European Metals Holdings Signs Deal to Mine Lithium in Czech Republic
October 3, 2017
Australia’s European Metals Holdings says it has signed a memorandum of understanding with the Czech Republic giving it the right to mine lithium, a key component in electric batteries. Europe’s biggest deposit of lithium has recently been found in the
Trump’s Energy Dominance Strategy Gains Traction at UN
October 3, 2017
One U.N. committee’s agenda aligns with President Donald Trump’s plan for American energy dominance to build cleaner coal power plants and distribute more U.S. energy and expertise. The Committee on Sustainable Energy under the U.N. Economic Council for Europe assesses
Coal India Plans Expansion Into Copper and Nickel Mining Markets
October 2, 2017
Coal India Ltd, the world’s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs, potentially signaling a strategy shift to cut reliance on the fossil fuel. The state-run company
Caterpillar Seals Deal on Autonomous Retrofit Project for Fortescue’s Mining Trucks, Australia
October 2, 2017
Caterpillar Inc. this month publicly acknowledged its first major agreement to retrofit a mine operator’s mixed fleet of mining trucks with autonomous capabilities. Approximately 100 Cat and Komatsu trucks at Fortescue’s iron ore mines in the Pilbara region of Western
Pakistan Wrestles with Coal Dilemma Amid Power Shortfalls
September 28, 2017
Pakistan’s efforts to end energy crisis have impaled it on the horns of a dilemma: it wants to end power shortfalls at the earliest using coal but also needs to keep its environment clean. Electricity is a major issue in
China Still Bringing in Boatloads of North Korean Coal Despite Ban
September 28, 2017
China announced in February that it was suspending coal imports from North Korea through the end of the year, but China imported significant amounts of coal last month, according to domestic customs data. China imported 1.6 million tonnes of coal
Brazil Backs Off Mining Bid in Amazon Nature Reserve
September 28, 2017
The Brazilian government has pledged to reinstate a mining ban in an Amazonian nature reserve, reversing its earlier course after an international outcry. Greenpeace says several illegal mines are active in the area. President Michel Temer will restore protective measures
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