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Perusahaan Listrik Negara (PLN) to Acquire Coal Mine in…

14 Jun 2017 ... Fully state-owned Perusahaan Listrik Negara (PLN), which holds a monopoly on electricity distribution in Indonesia, will soon acquire coal mining concessions in order to safeguard its future coal supplies and have a stronger position when negotiating coal prices with traders. PLN's power plants are...

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No plans to acquire coal mines overseas: NLC India CMD - The…

17 Apr 2017 ... Company's coal-based plants "with 1000 mw capacity were running, while 2000 mw (plants) were under construction and around 4000 mw were in the planning stage," the CMD said.

Eskom 'bought' coal mine for the Guptas |…

23 Jul 2017 ... Investment company Pembani would have bought Optimum coal mine, but the acquisition was allegedly blocked by former Eskom chief executive Brian ... City Press' sister newspaper Rapport reports that a source close to the transaction said: "There were two requirements to buy Optimum: the buyer had to...

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Ramaco Resources, Inc. Announces Acquisition of…

29 Mar 2017 ... Among the assets acquired, Ramaco became the sublessor of Revelation Energy, LLC ("Revelation"), which now operates several underground coal mines formerly owned by a subsidiary of SunCoke Energy, Inc. ("SunCoke"), and which still supply coal to SunCoke's nearby Jewell Coke Plant. However...

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Acquisition of Coal Mining Interest from…

12 Jul 2012 ... View Sumitomo Corporation's news, Acquisition of Coal Mining Interest from Australia's Aquila Resources Ltd.

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Glencore and Yancoal strike deal over Hunter Valley coal…

28 Jul 2017 ... Rival bidders are about to become partners, with Swiss miner Glencore striking a deal with Yancoal to acquire a 49 per cent interest in the Hunter Valley Operations coal mine, north-west of Singleton.

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Arch Coal - Wikipedia

In June 1998, Arch Coal expanded into the western United States with the acquisition of the coal assets of Atlantic Richfield. Included in this transaction were the Black Thunder Coal Mine and Coal Creek mines in the Powder River Basin of Wyoming; the West Elk longwall mine in Gunnison County, Colorado; and a 65%...

Assisting an Emerging Coal Producer in Colombia |…

Coalcorp Mining Inc (Coalcorp) is a Canadian mining company listed on the Toronto Stock Exchange (TSX), with two producing open pit coal mines in northern Colombia: La Francia and La Caypa, in the Cesar and Guajira departments, respectively. SRK assisted Coalcorp in acquiring the properties and has had an...

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Glencore snaps up 49pc of Hunter Valley Operations in $US1bn…

27 Jul 2017 ... UPDATE: Glencore has confirmed it had struck a $US1.139 billion deal to buy 49 per cent of the Hunter Valley Operations coal mines from Yancoal Australia and Mitsubishi. The deal, which is conditional on approvals and the completion of Yancoal's acquisition of Rio Tinto's operating stake in HVO as part...

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South32 abandons $US200 million Peabody coal…

18 Apr 2017 ... South32's proposed $US200 million acquisition of Peabody Energy's Metropolitan Colliery in New South Wales has been scrapped due to competition concerns. The Australian Competition and Consumer Commission (ACCC) raised concerns about the proposed acquisition, which also included a stake in...

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News on Coal Mining | Mining News - Mbuyelo…

Mbuyelo Coal (Pty) Ltd ("Mbuyelo") celebrates another victory by succeeding to acquire majority shareholding in Ntshovelo Mining Resources (Pty) Ltd ("Ntshovelo"). Ntshovelo owns the mine Vlakvarkfontein, which is located in Delmas, Mpumalanga. Vlakvarkfontein is already operating and is left with three and a half...

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Foxy, Paspaley now big coal miners | NT…

29 May 2017 ... THE final $7.7 million acquisition process for a collective of high-profile Territory businessmen to start mining coal in the New South Wales Hunter Valley has been completed. Australian Pacific Coal Limited, which includes among its major shareholders John "Foxy" Robinson and Nicholas Paspaley, has...

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ZGM Update on Acquisition of Coking Coal Mine and… pdf

[email protected] 20 July 2017. By electronic lodgement. Update on Acquisition of Coal Mining Business and Capital Raising. Key Points. • Phased programme of Mobilisation with Mining Contractor to fast-track production of high-quality coking coal from BPCI Coking Coal Mine in Indonesia.

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Acquisition of 25 per cent of Bengalla coal mine -…

Acquisition of 25 per cent of Bengalla coal mine. In joint venture with Rio Tinto, Wesfarmers added 25 per cent of Bengalla coal deposit in the Hunter Valley of NSW to its energy assets. $43.20. ASX: -0.18% · Investor Centre · Annual Report · Sustainability Report · Wesfarmers Arts · Visit our Twitter page · Visit our Vimeo...

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Coal Mines: Latest News, Photos, Videos on…

Find Coal Mines Latest News, Videos & Pictures on Coal Mines and see latest updates, news, information from NDTV.COM. ... board has approved signing of a pact with African Exploration Mining & Finance Corporation SOC Ltd (AEMFC), owned by the South African government, for acquisition of coal mines in that country.

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Bengalla delivers New Hope to coal miner |…

21 Mar 2017 ... New Hope's Bengalla acquisition is looking better by the day, with the coal mine contributing the most to its parent's improved profit result.

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New Hope Corporation Says Lenton JV to Acquire ... -…

6 Sep 2017 ... New Hope Corporation Says Lenton JV to Acquire Peabody's Burton Coal Mine Assets for A$14M ... Get News First. Profit Faster. upsell-button. With Benzinga Professional get unlimited access to ALL content! PLUS: REALTIME NEWSFEED; REALTIME AUDIO NEWS; FULL CALENDAR SUITE; CHAT...

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Latest news – Universal Coal plc

Johannesburg: Aim-, ASX- and JSE-listed coal junior Coal of Africa's (CoAL's) recommended offer to acquire fellow South Africa-focused miner Universal Coal for A$0.25 share has received acceptances from 53.20% of Universal shareholders – representative of the total number of shares in issue – thereby satisfying...

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South32 drops $200m plan to buy Aussie coal mine from…

17 Apr 2017 ... South32 decided to scotch its proposed acquisition of a coal mine in the eastern Australian state of New South Wales from Peabody Energy rather than make concessions to domestic steelmakers to allay competition concerns.

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Arch Coal Completes Acquisition of Jacobs Ranch -…

LOUIS, Oct. 1, /PRNewswire-FirstCall/ -- Arch Coal, Inc. (NYSE: ACI) today announced that it has completed the acquisition of Rio Tinto's Jacobs Ranch mine for a purchase price of approximately $764 million, which includes an estimate for working capital adjustments. In 2008, Jacobs Ranch produced 42.1 million tons of...

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World Coal: The latest coal news & leading…

Universal acquires additional 51% stake in Eloff project. Monday 27 November 2017 09:24. Universal Coal Development IV, a joint venture between Universal Coal and Ndalamo Resources, has acquired Manyeka Coal Mines, upping Universal Coal's stake in the Eloff project.

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News | Glencore

27 July 2017. Glencore agrees to acquire 49% interest in Hunter Valley Operations. Glencore has signed agreements with Yancoal Australia Limited (Yancoal) regarding the acquisition of a 49% interest in the Hunter Valley Operations (HVO) coal mine in NSW and form a Joint Venture (JV) following Yancoal's acquisition of...

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Gateway Mining to acquire large coking…

2 Mar 2017 ... Gateway Mining Ltd (ASX:GML) - Wilton and Fairhill projects have a large 2.6 billion tonne resource.

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Corsa Coal Corp. - News

Corsa Coal Corp. (TSXV: CSO) ("Corsa" or the "Corporation") is pleased to announce that it has completed the purchase of the Casselman mine, previously announced March 22, 2011, through the acquisition of Maryland Energy Resources, LLC, the owner of the C.

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Yancoal's $3.3b purchase of Rio Tinto coal…

13 Apr 2017 ... The largest acquisition by a Chinese government entity of Australian assets has been greenlighted with FIRB not opposing the $US2.5 billion purchase of Rio ...

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CoAL brings curtain down on legacies, sets about…

14 Mar 2017 ... Home News Energy CoAL brings curtain down on legacies, sets about acquisition ... the group has largely cleaned up its portfolio, dispensing with expensive and ageing thermal coal assets, whilst stabilising the balance sheet, mowing through regulatory red-tape, and re-engineering its Vele coal mine.

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Glencore acquires half of former Rio coal mine in…

28 Jul 2017 ... The Anglo–Swiss multinational announced that it signed agreements with Yancoal Australia regarding the acquisition of a 49 per cent interest in Rio Tinto's former coal assets in Australia's Hunter Valley.

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Glencore submits fully funded proposal to acquire Coal…

9 Jun 2017 ... The latest news reports and press releases from Glencore plus a database of past releases. ... Glencore submits fully funded proposal to acquire Coal & Allied and agrees conditional acquisition of Mitsubishi's interest in Coal & Allied mines. Glencore has submitted a proposal ("Glencore Proposal") to...

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PT Bukit Asam | PTBA Acquisition of Coal Mine…

Back To News ... PT Bukit Asam (Persero) Tbk or PTBA through its subsidiary, PT Internasional Prima Coal (IPC), conducted acquisition of PT Tabalong Prima Resources (TPR) ... In Tanjung Enim, electricity produced from 3 x 10 Megawatts power plant are used for mining operations as well as other supporting facilities.

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KPMG denies any dodgy dealings in controversial Gupta…

14 Sep 2017 ... Auditing firm KPMG has distanced itself from potentially questionable practices in the Gupta family's controversial multi-billion rand acquisition of the Optimum Coal mine. The denials follow detailed questions from TimesLIVE as to the exact role and knowledge that KPMG had in the acquisition plans up until...

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NewsNow: Coal news | Breaking News & Search…

Repeat: Kibo Mining To Buy Majority Stake In Botswana Coal Project (Alliss) London South East 03:28. Kibo Mining To Buy Majority Stake In Botswana Coal Project (Alliss) London South East 03:28. Kibo Mining repositions itself as a regional electricity supplier with acquisition of Botswana… World Coal 03:14.

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New Hope says looking for more coal acquisitions in…

18 Sep 2017 ... MELBOURNE (Reuters) - New Hope Corp is chasing more coal mine acquisitions in Australia over the next year to drive growth, its boss said on Tuesday after reporting a huge rise in annual profit on the back of an earlier expansion and higher coal prices. New Hope Managing Director Shane Stephan...

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News - Mining Technology

Australian mining and metals company South32 has approved the R4.3bn ($301M) Klipspruit life extension project (KPSX) at South Africa Energy Coal (SAEC). ... Canadian Gold Miner (CGM) and Transition Metals have completed the acquisition of Osisko Mining's DeSantis property, which is located in the Timmins Gold...

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Conservationists applaud Ohio plan to acquire former…

25 Aug 2017 ... In a move praised by conservation groups, the Ohio Department of Natural Resources and American Electric Power are moving ahead with a plan for the state to buy a former surface mining site. On August 9, ODNR announced the signing of a memorandum of understanding with American Electric Power,...

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Revelation to acquire Lone Mountain, other Arch…

25 Jul 2017 ... Revelation to acquire Lone Mountain, other Arch properties - Read this Platts coal news article here. ... Revelation CEO Jeff Hoops, also founder of Lexington Coal Company, last week agreed on a deal with Alpha Natural Resources to acquire 280 mining permits in Kentucky, Illinois, Tennessee and West...

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Glencore and Sumitomo to acquire majority interest in…

25 Oct 2013 ... View Sumitomo Corporation's news, Glencore and Sumitomo to acquire majority interest in Clermont thermal coal mine.

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MiningWeekly.com | Mining Sector News |…

By: Anine Kilian Updated 7 hours ago In line with its strategy of building a diversified portfolio of energy production assets, Aim-listed Kibo Mining will acquire an 85% stake in a company that will hold the Mabesekwa coal independent power producer (MCIPP) project for about £9-million in shares. Kibo has entered into an...

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coal - Australia's Mining Monthly

Acacia to acquire SA anthracite project. Acacia had spent the better part of the past year ... disposal of base metal mine. Prairie's focus will almost exclusively be on its Jan Karski coal mine project in Poland. 12 Sep 2016 ... News Wrap. NSW coal mines in the pipeline are 'bigger than Adani', Lock the Gate says. 28 Nov 2017...

Coal India nears coking coal asset…

14 Sep 2017 ... Read more about Coal India nears coking coal asset acquisition in Australia on Business Standard. On the lookout for acquisition of coking coal assets abroad, government-owned Coal India is in an advanced stage of talks with an Australian coal mining company based out of Queensland, where it plans to...

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Local Patriot Coal Mines Acquired by Alliance |…

Western Kentucky miners are holding out hope for their jobs underground after a company from Oklahoma acquires contracts from their now-vacant mines.

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