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Zimbabwe plans to take majority stakes in diamond …

Zimbabwean youth and indigenisation minister Saviour Kasukuwere Harare, Zimbabwe — MININGREVIEW — 18 February 2011 – The government of Zimbabwe is to proceed with plans to take majority stakes in all foreign-owned diamond mines in the east of the country, but will spare a Chinese-owned mine from a state takeover. ...

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Mitsubishi says it may sell stakes in Australia thermal coal …

Japanese trading company Mitsubishi Corp <8058.T> may sell stakes in Australia thermal coal mines as it presses on with a switch to core assets such as coking coal after ...

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Vale To Sell Down Stakes In Coal, Fertilizer And Steel …

 · Vale is planning to sell partial stakes in its coal, fertilizer and steel businesses to reduce its own costs and decrease capital spending in the years ahead. The company is planning to sell a 15 ...

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Coal mining in the United States

Production in 2017 was down 33% from the peak production of 1,162.7 million short tons (1,055 million metric tons) in 2006. Employment of 50,000 coal miners is down from a peak of 883,000 in 1923. Generation of electricity is the largest user of coal, being used to produce 50% of electric power in 2005 and 27% in 2018.

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List of coal mines in the United States

The following table lists the coal mines in the United States that produced at least 4,000,000 short tons of coal. According to the U.S. Energy Information Administration (EIA), there were 853 coal mines in the U.S. in 2015, producing a total of 896,941,000 short tons of coal.[1] Name Owner Type State Short Tons (2017) [2] Image North Antelope ...

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List of coal mines in the United States

Spring Creek Coal Company Cloud Peak Energy Surface Montana 12,725,656 Bailey Mine CONSOL Energy Underground Pennsylvania 12,123,618 Marshall County Mine Marshall County Coal Company Underground West ia 11,653,535 Caballo Mine

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Rio shares surge on NSW coal sale | The West Australian

Coal & Allied is the holding company for Rio Tinto''s thermal coal operations in NSW''s Hunter Valley, while 78 per cent of Yancoal shares are held by Chinese state-owned Yankuang Group. Coal & Allied holds majority stakes in several open-cut mines, including the Hunter Valley Operations mine, Mount Thorley and Warkworth.

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Nationalizing Zambia′s copper mines | Africa | DW | …

 · President Edgar Lungu is pushing for Zambians to secure majority stakes in selected strategic mines to benefit from their country''s mineral wealth beyond taxes.

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Japan trading firm Sojitz in talks to buy undeveloped …

 · Despite the slumping prices, Sojitz, which holds a stake in four coal mines in Australia and three in Indonesia, is still making profits from its coal assets, Bito said.

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UPDATE 4-Zambian state needs bigger role in mines to …

LUSAKA, Dec 17 (Reuters) - Zambia must build majority stakes in selected mines to benefit from its mineral wealth beyond taxes, President Edgar Lungu said on Thursday, as he set out an economic ...

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Itochu books $843 mln loss from selling stake in …

 · The Japanese company flagged the sale last month when it unveiled a plan to exit the thermal coal business, selling its stakes in mines in Columbia and Australia by March 2024, to promote ...

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World''s largest coal miner looking to buy metal mines …

Coal India, which has so far been unsuccessful in buying stakes in overseas coal mines, is banking on government to government deals for its overseas foray into metal mining, company officials ...

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World''s largest coal miner looking to buy metal mines …

NEW DELHI, Sept 29 (Reuters) - Coal India Ltd, the world''s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs ...

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Vale To Sell Down Stakes In Coal, Fertilizer And Steel …

 · The assets in Australia include a majority stake in the underground Carborough Downs mine, a 50% stake in Isaac Plains which is a joint venture …

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World''s largest coal miner looking to buy metal mines …

The company has had little luck with overseas deals, and is still scouting for deals to buy a minority stake in "prime coking coal" mines in Queensland in Australia, one of the officials said ...

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FACTBOX

PHYSICAL COAL TRADING COMPANIES: GLENCORE is as much a producer as it is a trader of coal through its 35 pct stake in global miner Xstrata Plc XTA.L, which has coal mining interests in Australia,...

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Glencore''s SA coal mines under threat

The Anglo-Swiss giant said that it would place subsidiaries Optimum Coal Holdings and Optimum Coal Mine under supervision after Eskom refused to renegotiate a supply deal signed in 1993. Under the deal, Optimum is contracted to supply 5.5m tons per year to the state-owned utility – a deal which Glencore claims has left the firm facing "financial hardship".

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World''s Largest Coal Miner Looking to Buy Metal Mines …

Coal India, which has so far been unsuccessful in buying stakes in overseas coal mines, is banking on government to government deals for its overseas foray into metal mining, company officials said, adding that any proposal that follows will be subject to board

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Zambia President says greater State role in mines will help …

Zambia must build majority stakes in selected mines to benefit from its mineral wealth beyond taxes, President Edgar Lungu said on Thursday, as he set out an economic recovery ...

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Mitsubishi says it may sell stakes in Australia thermal …

Japanese trading company Mitsubishi Corp <8058.T> may sell stakes in Australia thermal coal mines as it presses on with a switch to core assets such as coking coal after ...

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DTEK

DTEK (укр. ДТЕК) is a strategic holding company that develops business streams in the energy sector. DTEK companies produce coal and natural gas, generate electricity at the thermal power plants and renewable energy power plants, supply heating and electricity to end consumers, and provide energy services.[2] The company is owned by SCM ...

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JSPL to resume mining at Australian coal mines

JSPL holds majority stakes in Wollongong Coal Ltd (WLC) which used to operate Russell Vale Colliery and Wongawilli Colliery in the Southern Coalfields Region of New South Wales.

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Majority of Albertans opposed to expanded coal mining …

The steel coal mine, proposed by Australian company Benga Mining, is projected to produce 93 million tonnes of coal over the mine''s 23-year lifespan and is expected to create hundreds of Alberta ...

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CONSOL Energy

Looking to invest in coal reserves in North America, Rheinbraun A.G offered Dupont stakes in coal mines and $890 million in 1991 to join in an equal part joint venture creating Consol Energy. Despite the cost of coal dropping in the 1990s, Consol''s long-term contracts and investments in longwall mining techniques allowed the company to remain competitive.

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Japan''s Itochu to exit thermal coal business, sell stakes in …

 · TOKYO, Jan 13 (Reuters) - Japanese trading house Itochu Corp 8001.T said on Wednesday it plans to exit the thermal coal business, selling its stakes in mines in …

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Climate philanthropist George Soros invests millions in …

 · The firm, which Soros chairs, bought the large stakes for bargain prices. Peabody and Arch are giants of the US coal sector but have suffered massive declines in …

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Consol Energy

Looking to invest in coal reserves in North America, Rheinbraun A.G offered Dupont stakes in coal mines and $890 million in 1991 to join in an equal part joint venture creating Consol Energy. Despite the cost of coal dropping in the 1990s, Consol''s long-term contracts and investments in longwall mining techniques allowed the company to remain competitive. [6]

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