Coal Mining

Africa Coal Mining Acquisition NuCoal Mining

January 29th, 2010 | Posted by sony | Category: Mining Company, Mining News, coal mining | No Comments

Africa Coal Mining reported progress Mining NuCoal acquisition process. Coal of Africa has completed the sale of shares agreement, after the 10% adjustment to reflect the retention of working capital position. Coal of Africa approved the purchase price is NuCocal mining R467 million.
Coal director Simon Farrell said, “The acquisition appears Cement Coal NuCoal position as [...]

Mozambique Approve Impact Study coal-fired power plant Benga

January 29th, 2010 | Posted by sony | Category: coal mining | No Comments

Mozambique Government has approved the environmental impact study for the construction of coal-fired power plant in Benga region, Tete Province. Development of coal-fired power plant will be done by Riversdale mining company. Project coal-fired power plant using coal as Benga energy power plants. Development of coal-fired power plant carried out in two stages. The first [...]

Operational Unit Cost Increase, Xstrata Coal Forced To Cut Purchase Coal Price From Coal Suppliers

January 26th, 2010 | Posted by sony | Category: coal mining | No Comments

Xstrata Coal Queensland complained that the unit operating costs increased from year to year, thus affecting the company’s earnings to continue the purchase of coal from several coal suppliers. To overcome the problems faced by Xstrata Coal Queensland sent a letter to suppliers of coal, Xstrata Coal Queensland that will cut the purchase price of [...]

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