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COAL BASIN MOZAMBIQUE
Stocks in news: Tata Motors PV, Hindalco, IDBI Bank, Waaree Energies, Adani Total GasMarkets experienced a sharp decline on Friday, extending the ongoing corrective phase due to persistent geopolitical tensions. Analysts sug...
JSW Steel to develop coking coal mine in MozambiqueJSW Steel will develop the Minas de Revuboa coking coal mine in Mozambique. This project is part of JSW Steel's strategy for backward integ...
Fifteen stocks in focus on Monday, 26 September 2016The Indian market is expected to open flat-to-negative. Here is a list of top fifteen stocks that are likely to be in focus today.
Australian coal prices put GVK, Adani group projects at riskThe Oz govt has forecast no recovery in coking coal prices in the near term, prompting a leading think tank to warn against any public inve...
First shipload of coking coal from Benga arrives, says ICVLInternational Coal Ventures Ltd said first ship carrying coking coal from the recently acquired Benga mine in Mozambique has arrived at Viz...
ICVL buys coal mines in Mozambique for a bargain-basement price of $50 million from Rio TintoA consortium of Indian state-run firms has bought a bunch of once prized coal mines that changed hands for $3 billion in 2011 for a price o...
ICVL acquires Rio Tinto's coal assets in Mozambique"The sale is subject to certain conditions precedent and regulatory approvals. The transaction is expected to close in the third quarter of...
Here's why BPCL, ONGC look promising bets on every declineOverseas asset purchases by the cash-rich PSUs were not easy in the past amidst competition from China and policy paralysis within the coun...
Indian firms invest in conflict-ridden nations like Afghanistan: Is the risk worth high returns?Conflict-ridden geographies such as Syria, Libya and Afghanistan are fast becoming investment destinations for Indian construction and ener...
ONGC Videsh eyes energy assets in US; Oil India close to buying Africa assetAfter Kazakhstan, and Mozambique, ONGC Videsh and Oil India have set their sights on acquiring new oil and gas assets in the US and Africa.
NMDC in talks with 2 firms to buy assets in Mozambique, RussiaState-owned iron ore miner NMDC is in talks with two coking coal firms, once each from Mozambique and Russia, for acquiring stakes in them.
- ICVL may drop outright purchase of Australia's Washpool coking coal project
Consortium may buy a small stake in Washpool; team up with current owner, Aquila Resources, to implement the project.
- ICVL eyes 10% stake in second Bowen Basin coking coal asset
ICVL is a consortium of SAIL, Coal India, Rashtriya Ispat Nigam and NMDC formed to acquire coal assets abroad.
- ICVL to soon buy coal asset in Australia for over Rs 1,500-cr
ICVL is within a striking distance of acquiring its maiden coking coal asset abroad in Australia's Bowen Basin for about Rs 1,500 crore, a ...
- ICVL may buy coal mine in Australia soon
International Coal Ventures Ltd (ICVL) said it is now in the final stages of acquiring a coking coal mine in Australia's Bowen Basin.
- NTPC FY10 net up 5.6% to Rs 8,657 cr
NTPC's income reduced due to redemption of bonds and lower realisation from I-T refunds and interest income.
- CIL to spend close to Rs 9,000 cr for stake buying in US and Indonesian mining cos
Coal India will spend close to Rs 9,000 crore ($2 billion) to buy stakes in mining companies in the US and Indonesia, as the country’s larg...
- India Inc seeks Mozambique coal bounty
Leading domestic corporates that have descended on the South-East African country include Reliance Energy, Tata Power Company, Essar Power,...
- Gremach acquires 75% stake in 11 coal mines in Mozambique; share up 5%
Gremach Infrastructure Equipments & Projects shares soar 5 per cent on news that the company has taken 75 per cent controlling stake in 11 ...
- Tata Steel picks up 35% in Mozambique coal co
Tata Steel has acquired a 35% stake in a coal-mining project in Mozambique.