Mining group South32 Ltd said on Wednesday its second-quarter metallurgical coal output dropped 43 percent due to an outage at its Appin mine in Australia, while raising its full-year output forecast for South African manganese operations.
State-run miner NMDC is likely to soon sign an MoU with Vietnam-based Masan Resources for a possible acquisition of a minority stake in a tungsten mine in the Southeast Asian nation, a top company official said today.
The incumbent Australian Labor Party (ALP) is well on way to form government in Queensland, a result that casts shadow on Adani Group’s proposed $16.5 billion coal mine in the state’s north.
As the development of a mine gets stuck due to delays in obtaining a string of approvals, miners have asked for making the process hassle free at the stage of auctions.
Private steel major Tata Steel has commissioned a mine air cooling system, first of its kind in the Eastern India, at its Digwadih colliery in Dhanbad district to rescue the miners working in a depth of more than 400 meters.
In August 2014, the Supreme Court cancelled 204 coal mining leases in a scathing indictment of the allocation process followed by successive governments since 1993.
Fancy a truckload of the world’s biggest coal miner? New Delhi is planning to sell a 10% stake in Coal India Ltd. Such a deal could be worth about Rs19,700 crore
Goyal has earlier said after assuming charge of the mining ministry that Technology Can Change The Future of Mining In India
The ministry of mines has decided to give a major thrust to usage of drones or unmanned aerial vehicles (UAVs) to increase efficiency of India’s mining sector be it preparation and monitoring of mining plans, area inspection, production and exploration, dispatch and even checking and curbing the menace of illegal mining.