Economic Times reported that Griffin Coal Mine in Australia is no longer a Lanco Group company as the ICICI led lenders took over the pledged shares as a result of default of payment. Lenders of Lanco Resources International Pte Limited a Lanco Infratech subsidiary, which owns Griffin Coal Mine, have
The formation of the committee follows an advisory by a government department to the coal ministry, pointing out the annulment of the last two tranches of coal mine auctions due to tepid response from the industry. The fourth and fifth rounds of coal-mine auctions to non-power firms have been shelved as
Hyderabad, Dec 24 () Griffin Coal Mine in Australia is no longer a Lanco Group company as the ICICI-led lenders took over the pledged shares as a result of default of payment, a senior official of the debt-ridden Indian infra firm said. Lenders of Lanco Resources International Pte Limited (LRIPL), a Lanco
NEW DELHI: Tata Power today said its Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia. "The subsidiary participated in the financial auction process at Petropavlovsk, Kamchatka today (on December 22
Blankenberger Brothers is in talks with several companies about financing and marketing a proposed thermal coal underground mine in Pike County, Indiana, that could produce as
The coal miners parading into the room had reason to clap. Minutes earlier President Trump had announced that he would single-handedly revive the coal mining industry. "The miners told me about the attacks on their jobs and their livelihoods," he recounted to his suited audience last March, just before
Wesfarmers CEO Rob Scott described the Curragh coal mine, which Wesfarmers bought in 2000 for about $200 million, as a good investment. Photo: TREVOR COLLENS. Wesfarmers, whose businesses include hardware chain Bunnings, Coles supermarkets and retail chains Kmart, Target and
There is speculation that the stalled Gina Rinehart-backed Alpha coal mine project in the Galilee Basin could be progressing, after the company lobbyist met with key Opposition politicians during the Queensland election campaign, sparking predictions of an impending fire sale. GVK Hancock lobbyist Josh
Air Products a world leading industrial gases company announced it has signed an agreement with a subsidiary of Shanxi Jincheng Anthracite Coal Mining Group, China's leading coal mining conglomerate, for the supply of industrial gases to Phase One of Shanxi Jinmei Huayu Coal Chemical Co Ltd.'s
President Donald Trump spent much of his campaign promising to bring back coal, an industry that he said then-President Barack Obama had demoralized with too many regulations. So in July when Trump declared at a rally that he had created 45,000 coal jobs since the start of his presidency, many coal
The reclamation and sustainable management of mine-affected areas is, therefore, an essential part of mine area development. The Olidih watershed of Jharia coalfield region in the Jharkhand state of India is affected by abandoned opencast mines. The present study aims to analyze the effect of mines on
The Trump administration is reconsidering existing federal rules to keep coal miners from breathing coal dust and diesel fumes, Kallanish Energy reports. The review by the Department of Labor's Mine Safety and Health Administration is just getting under way. Coal dust can result in black lung disease and
Earlier this month, Baughman renewed Sunrise Coal's Oaktown Nos. 1 and 2 underground mines in Knox County for another five years. Oaktown 1 produced nearly 2.8 million st and Oaktown 2 almost 2 million st in the first nine months of this year, MSHA data showed. The mines are on track to exceed 6
CHARLESTON, W.Va. (AP) - Three years after the Obama administration lowered the allowable limits for miners' exposure to coal dust, the Trump administration has brought the standards up for review. Federal mining regulators indicated Thursday that they are reconsidering rules meant to protect
The Ruhr region, Germany's old coal heartland in the state of North-Rhine Westfalia, has many more pits that needed a new life once coal mining reached its end in the area. The Ruhr region is only a geographical designation, not an administrative unit, and it is made up of 53 towns, some smaller, some
In Britain, the use of coal in electricity generation has declined sharply since the introduction of a carbon tax in 2013, although the country remains a center of coal-mining expertise. Many in the mining industry see no contradiction. They say coal remains the best option in some countries and it would be
Adani Group has cancelled a A$2bn contract with a mining services company for work on its proposed Carmichael coal mine in Australia due to its failure to raise funds for the controversial project. The cancellation of the contract with Downer, an Australian company, on Monday is the latest challenge to hit
On one side, tribal supporters of the power plant and the vast open-pit coal mine that feeds it spent most of the last year fighting furiously to stave off the closure. They hired a top investment banking firm to search for new owners and lobbied in Washington - where coal's self-proclaimed No. 1 fan occupies
Queensland Energy Resources Council chief Ian Macfarlane argues for better recognition for Queensland mining sector. Photo: Glenn Hunt. Coal price estimates in the Mid-Year Fiscal and Economic Review project the coal royalties to Queensland Treasury dropping back to $2.43 billion in 2018-19 with
Griffin Coal employees and their families express their fears at a recent community meeting over the pay cuts. Griffin Coal has refused to accept a Fair Work Commission recommendation that could have ended a nearly two-year long industrial dispute. Fair Work Commission Deputy President Geoffrey Bull