The Indian Environment Ministry gave permission for mining in six coal blocks in the state of Orissa. Five of these were in what previously were called ‘no go’ areas by the Central Environment Minister Jairam Ramesh. The coal will be used to work three power plants increasing power generation capacity by nearly 7,000 megawatts.
Gina Rinehart is a little known mining heiress who is all set to become the richest woman in the world. Unlike Warren Buffet, Bill Gates, Mark Zuckerberg, the Walton family and those Google guys, no one outside Australia has heard much about the publicity shy mining executive.
China Energy Conservation & Environmental Protection Group plans to build a clean coal plant in Inner Mongolia in partnership with Seamwell International Ltd. The state owned project developer and the West Yorkshire, UK-based firm will collaborate on the $1.5 billion project.
After it came to light that the Chinese government controlled Shenhua Watermark Coal had been buying rural land for coal exploration in New South Wales the Gillard government is now planning to review land ownership across the region.
Aspire Mining Limited has lifted its production expectations for its Ovoot Coking Coal Project in Mongolia based on the latest compilation of coal washability test results.
The U.S. Mine Safety and Health Administration announced that the emergency rule on controlling coal dust implemented last year in underground mines is now permanent. The rule was instated in September 2010 about five months after the explosion at the Upper Big Branch mine in West Virginia killed 29 miners.
New Zealand Prime Minister John Keys said in an interview with the Australian press that there were major changes to be made in mine safety regulations in New Zealand following the Pike River mine explosions.
The mining boom has brought prosperity to Australia but just to a select few parts. A fact shown by the annual State of the Regions report that claims that most of the country is missing out in the benefits of the profitable mining industry.
Tata Steel has decided to sell its 26.72 % stake in Riversdale Mining Ltd for $1.12 billion. The company which is currently controlled by majority stake holder Rio Tinto Jersey Holdings is hoping to de-list.
The Queensland government’s plan to save large parts of land for farming is unacceptable to the mining industry. A study which was commissioned by the Queensland Resources Council based on scientific and peer review evidence found that the criteria for the government’s strategic cropping land policy were not clearly defined.
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