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NSW Government Rejects Tinkler’s Coal Loader Proposal
February 1, 2012
The State Government has rejected mining magnate Nathan Tinkler’s multi-billion dollar proposal for a fifth coal loader on the former BHP Steelworks site at Mayfield. Premier Barry O’Farrell has issued a statement saying following an assessment, the Government believes the potential…
NTPC Uses E-Auction Route for Coal Buy
February 1, 2012
Domestic coal shortage has prompted state-run power producer NTPC to buy coal through e-auction, at rates lower than the market prices. The coal producer would have more than doubled its imported coal consumption by the end of the current financial year…
Mining Firms Continue Relief Operations for Victims of Tropical Storm Sendong, Philippines
February 1, 2012
The association of large-scale mining companies in the Philippines is still up with its relief operations for victims of Tropical Storm Sendong. The Philippine Mine Safety and Environment Association (PMSEA) representatives have been in Cagayan de Oro City since December 21,…
China Plans to Invest $10 Billion in Pakistan’s Energy Sector
February 1, 2012
China’s state owned Three Gorges Corp. plans to invest $10 billion by 2018 in Pakistan’s energy sector and a delegation is scheduled to visit Pakistan on February 7, officials said on Friday. The Hong Kong based United Energy Group Limited of…
Anglo American Lends its Expertise to Business Leadership Council for a Generation Born HIV Free
February 1, 2012
Anglo American’s chief executive joined world business leaders in Davos to launch the Business Leadership Council Generation Born HIV Free. The private sector led initiative aims to end the transmission of HIV from mothers to children by the end of 2015…
Toshiba Mitsubishi-Electrical Industrial Systems Opens New Sales Office in Mumbai, India
January 27, 2012
Toshiba Mitsubishi-Electric Industrial Systems(TMEIC) has opened a new sales and service office in Mumbai, India to further support customers in the region. The new office is part of TMEIC Industrial Systems India Private Limited company in Hyderabad, a wholly owned subsidiary…
Olympic Champions Become Rio Tinto Olympic Ambassadors
January 27, 2012
With just six months to go until the London 2012 Games, Rio Tinto is celebrating Australia Day with the appointment of three Olympic ambassadors to share their sporting dreams across regional and remote mining communities in Australia. Three-time Olympic gold medallist…
TurkPower Establishes Mining and Trading Subsidiaries in the British Virgin Islands
January 27, 2012
TurkPower has established two subsidiaries in the British Virgin Islands by the names of Sibcoal Mining Corporation (SMC) and Sibcoal Commodities Trading Corporation (SCT). SMC will be holding the company’s mining licenses for the Zavyalov Square of the Toguchino Coal Field…
Clean Coal Technologies Sign MOU With Jindal Steel to Form JV Company
January 27, 2012
Clean Coal Technologies (CCTI) has entered into a binding agreement to form a joint venture corporation in the ASEAN region with Jindal Steel & Power. Ownership of the joint venture will be held 65 percent by Jindal and 35 percent by…
Peabody to Sell Wilkie Creek Thermal Coal Mine in Australia
January 25, 2012
Peabody Energy has hired UBS to find a buyer for its Wilkie Creek coal mine in Australia, in a move likely to kindle interest from Asian nations vying to secure coal supply for their growing fleet of power plants. Peabody said…
