by Gordon Barratt | Jul 24, 2020 | News
Representative Image. Credit: Getty Images A worker was trapped under the debris following a landslide at a coal mine in Chhattisgarh’s Korba district on Thursday morning, the police said. The incident took place at Kusmunda open-cast coal mine of South Eastern...
by Gordon Barratt | Jul 24, 2020 | News
The Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) in June 2020 put forward sweeping mining employment reforms in response to the COVID-19 pandemic, which has, it states, exposed weak points in the global labour market. This is...
by Gordon Barratt | Jul 23, 2020 | News
Shandong Gold Mining has raised its takeover offer for Cardinal Resources following a competing proposal from the target’s largest shareholder, Nordgold. The Chinese gold giant upgraded its offer from 60 cents to 70 cents a share for all Cardinal shares it hasn’t...
by Gordon Barratt | Jul 23, 2020 | News
Ukrainian Prime Minister Denys Shmyhal says the country has accumulated enough coal and gas to ensure a smooth heating season. “Gas stocks totaling 21 billion cubic meters (bcm) in underground storage facilities (USFs) are record-breaking for Ukraine. Coal...
by Gordon Barratt | Jul 23, 2020 | News
Demand and production The coronavirus hurt the coal sector not only in Poland, but also across the world. The demand for coal plummeted dramatically, but its production dropped as well. In Poland’s Silesia some mines were temporarily closed, which made it possible to...
by Gordon Barratt | Jul 23, 2020 | News
Coal India recently said it has clocked a gain of Rs 3,125 crore over the past couple of years through a combination of incentives from supply of coal above annual contracted quantity and by arresting grade slippages. The public sector miner said that an amount of Rs...
