Coal news and updates

Updated daily

• Essar Oil’s PAT shoots up 62.5% in Q3

  10 Feb 2014

  February 10: Essar Oil, part of the Essar Group, posted a PAT of Rs 52 crore in Q3 of FY’14,... . ...Read More

• India Cements’ Q3 net profit plunges 98%

  10 Feb 2014

  February 10: Chennai- based India Cements Limited reported a sharp 98% drop in its net profit duri... . ...Read More

• Birla Corp net profit halves in Q3

  10 Feb 2014

  February 10: Birla Corporation Limited, the flagship company of the MP Birla Group, reported a 50.... . ...Read More

• JK Lakshmi Cement’s Q3 net drops 66%

  10 Feb 2014

  February 10: Delhi-based JK Lakshmi Cement Limited reported a 65.84% drop in net profit during the... . ...Read More

• Gujarat NRE Coke posts Rs 277.48-cr Q3 net loss

  10 Feb 2014

  February 10: Gujarat NRE Coke Limited, the flagship company of the Gujarat NRE Group, reported a n... . ...Read More

• IMG recommends cancellation of 19 coal blocks

  10 Feb 2014

  Industry majors Jindal Steel and Power (JSPL), Essar Power, Tata Group and Reliance Infrastructure... . ...Read More

• Deloitte submits draft report on Coal India restructuring

  10 Feb 2014

  Consultancy firm Deloitte, which had been selected to study the restructuring of state-owned Coal ... . ...Read More

• Rahul hits back at Naveen, alleges mining loot in Orissa

  10 Feb 2014

  Congress vice-president Rahul Gandhi on Sunday launched his party’s Lok Sabha campaign in Or... . ...Read More

• Govt to set up coal regulator via edict

  10 Feb 2014

  The government is to set up a regulator for the coal mining industry through an executive order - ... . ...Read More

• Lower sales, coal realisation impact Tata Power in Q3

  10 Feb 2014

  Tata Power narrowed its consolidated loss to Rs 75 crore for the December 2013 quarter (Q3) versus... . ...Read More

• South Africa coal terminal loses $18 million a day

  10 Feb 2014

  South Africa’s Richards Bay Coal Terminal, the world’s largest standalone facility for... . ...Read More

• Mozambique may raise royalty taxes for coal

  10 Feb 2014

  Abdul Razak Noormahomed, the deputy mines minister said that Mozambique is close to finalising a n... . ...Read More

• Cost control and natural gas dominate talk at coal conference

  10 Feb 2014

  Cost control and the changing face of competition from natural gas emerged as major themes facing ... . ...Read More

• B.C. coal export plan faces resistance

  10 Feb 2014

  As Canada’s efforts to send oil abroad encounter thorny opposition, critics are increasingly... . ...Read More

• Buyers drawn to a new shine on coal

  10 Feb 2014

  MINING success stories are generally full of colour. Just ask experienced financial backers Michae... . ...Read More