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AFRICAN COAL ASSETS
Vedanta appoints woman CEO for Africa operationsCommenting on the appointment, Vedanta Resources chairman, Anil Agarwal said: ‘’I’m delighted that we have a woman leader from Africa at th...- CIL mulls pact with South African firm for joint acquisitionsIt had executed an MoU in 2011 with entities owned by provisional government of Limpopo, South Africa, for acquiring coal assets in that pr...
- CIL eyes coal mines in South AfricaAs it gears up to meet 1 billion output target, state-owned CIL is planning to acquire coal mines in South Africa in partnership with local...
- ICVL initiates recruitment for Mozambique operationsProfessionals having required qualifications and experience are due to be recruited for its Mozambique operations, through a process of per...
- Coal India Limited to form consultants' panel for overseas mines acquisitionCoal India plans to form a panel of consultants which would help the PSU in acquiring, developing and operating coal mines overseas.
- 'Indian private firms look for controlling stake in projects'Indian private cos lose out on contracts in Africa as they look for picking up majority stakes in the projects which acts as a deterrent, s...
- Coal India plans to acquire assets in BotswanaThe PSU miner has already proposed an ad-hoc provision of Rs 35,000 crore for acquisition and development of mines abroad by 2017.
- SAIL or RINL for 50 per cent of NMDC's Chattisgarh steel plantSteel Authority of India (SAIL) and Rastriya Inspat Nigam Ltd are the only two bidders for iron-ore minor NMDC's 50 per cent stake
- NMDC examining proposals to acquire coal mines in South AfricaAfter entering into an agreement with Kopano, state-owned NMDC is now examining two proposals for acquiring coal mines in the African count...
- GMR’s Homeland Energy Group stops South African mining operationsHomeland Energy, in which GMR holds 55.84%, has terminated its African mining contractor and begun a tendering process that attracted many ...
- Mozambique's lack of infrastructure may hurt investments by Indian firms like Coal India, JSW SteelFor Indian firms, the option now could be an expensive alternative rail system that Coal India is mulling.
- JSW Steel may not transfer its Mozambique mines to Energy companyA study of the mine shows that it possesses more of coking coal, an input for steel making, rather than thermal coal used to fire power pla...
- Tata Power in talks for buying stake in South Africa coal projectTata Power today said it is in talks with energy company Sekoko Resources to acquire stake in a coal project in South Africa.
- South African coal mining project rejects bid by Tata PowerExploration company Firestone Energy has rejected a bid by Tata Power for a 30 per cent stake in a coal project in South Africa.
- Tata Steel in talks to sell South African assetsTata Steel is in negotiations to dispose off its South African plant and assets to raise upwards of $150 million in cash.
- NMDC sets sights on African coal assetsNMDC is in talks to buy a minority stake in Riversdale Mining, the Australian company that owns large coking coal assets in Mozambique.
- NMDC MD may visit Senegal to discuss JV with ArcelorMittalNMDC chairman and managing director Rana Som on Monday said he may visit Senegal next month to further discuss the proposed JV with Arcelor...
- NMDC to ink pact with Africa's Kopanao to scout mineral assetsState-owned mining giant NMDC would soon join hands with South Africa's Kopanao Ke Metla Investment Company for acquiring coal, iron ore an...
- PFC, RITES ink JV for coal importPower sector financing company Power Finance Corporation and railways’ technical advisory wing RITES on Thursday signed an MoU to jointly i...
- Gremach acquires 75% in Mozambique firm for $100 mnThe Rs 115-cr Gremach deal with Osho Mozambique will give ownership to the coal mines spread over 13,520 hectares in Moatize located close ...
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