coal india in talks to buy stake in indonesia mine

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  • Coal India in Talks to Buy Stake in Indonesian Mines

     · Coal India, the world''s largest coal producer, may submit a final bid by the end of June to buy a stake in Indonesia''s PT Golden Energy Mines, a …

  • Coal India in mine talks with Massey, Sinar Mas | Reuters

     · Coal India, the world''s largest coal producer, is in talks with U.S.-based Massey Energy and Indonesia''s Sinar Mas to buy equity in coal mines or form joint ventures for mining, a …

  • Essar buys 100-mt Indonesian coal mine for Rs 900 crore ...

    With the acquisition of the Aries mines, the Group has become the fourth domestic business house in the country to buy coal mines in Indonesia. In August 2007, Tata Power had acquired a 30 per cent stake in Indonesian energy giant PT Bumi Resources, by paying close to $1.3 billion (Rs 6,000 crore).

  • India''s GVK To Divest Coal Mines Stake | Institutional ...

     · India''s GVK To Divest Coal Mines Stake India''s GVK Group is in discussion with Indonesia''s PT Kideco Jaya Agung to sell a part of its majority stake in the Hancock coal …

  • Coal India has submitted plan to develop 119 mines: Govt

     · The government on Monday said Coal India (CIL) has submitted an initial perspective plan for developing 119 mines allocated to it. The state-owned coal …

  • All Fired Up

     · Deal in the Making: Coal India is in talks with Peabody Energy Corp. to buy up to a 15% stake in the Wilkie Creek mine, planning to invest $120 million. This article appears in the January 28 ...

  • India''s largest coal company is going shopping—again

     · Specifically, Coal India wants to either develop a new mine, or buy equity in an operational venture, to bring coking coal—used to make steel—and thermal coal …

  • Coal India in talks with Peabody and Massey | News ...

     · Coal India has budgeted $1.2 billion to buy assets in the U.S., Indonesia and Australia during the year ending March as it battles a widening gap between domestic coal supply and demand.

  • India-Indonesia to join hands to acquire coal properties ...

     · India will form a joint working group with Indonesia to explore opportunities for acquiring coal properties abroad. "We are in talks with the Indonesian government to form a joint working group ...

  • Singapores GIC in talks to buy stake in GVK arm

     · We are in talks with a couple of investors to sell a part of our stake in mines and the infrastructure linked to the mines, Issac George, GVK Group financial officer, said in a …

  • Indian company investments in overseas coal mines

    In March 2007 Tata Power purchased a 30% stake in two coal mines owned by Bumi Resources--PT Kaltim Prima Coal (KPC) and PT Arutmin Indonesia (Arutmin). The deal was for approximately US$1.3 billion of which $1.1 billion was the base price.

  • Coal India continues talks for Peabody, Massey mines ...

     · Coal India has budgeted $1.2 billion to buy assets in the U.S., Indonesia and Australia during the year ending March as it battles a widening gap between domestic coal supply and demand.

  • Coal India Said to Revive Overseas Mine Search: Corporate ...

     · Coal India Ltd., which failed to use any of its $12 billion cash to buy mines overseas in the past five years, is renewing efforts as demand soars from …

  • GMR Infra To Buy 30% Stake In Indonesian Coal Asset

     · GMR Infrastructure said on Friday its unit GMR Energy Ltd has entered into a pact to acquire a 30% stake in Indonesia''s PT Golden Energy Mines Tbk or …

  • Whitehaven''s Maules partner joins coal divestment trend

     · Whitehaven Coal will seek talks with its joint venture partner Itochu about the future of the Maules Creek mine in NSW after the Japanese giant declared it would divest from thermal coal mines …

  • World''s largest coal miner looking to buy metal mines ...

     · Photo of coal mine in Jharkand, India by Nitin Kirloskar, sourced from Flickr. Coal India Ltd, the world''s largest coal miner, has held internal talks to discuss buying metal mines abroad amid ...

  • Coal India goes on global search for acquisitions ...

     · Australia, Indonesia and US mines in sight. Dubai Duty Free Tennis 2020

  • Vallar | The Business of Mining

     · "Coal India, the world''s largest coal producer, may submit a final bid by the end of June to buy a stake in Indonesia''s PT Golden Energy Mines, a person with direct knowledge of the matter said. The state-run coal monopoly is currently doing due diligence of Golden Energy, said the person who declined to be named.

  • Coal India in talks to buy Indonesia mine for up to $1 bln ...

    Coal India, the world''s largest coal miner, is in advanced talks to buy up toschenk weigh feede in cement industry 40 percent stake in Indonesia''s Golden Energy Mines in a deal valued at between $750 million and $1 billion, three sources with direct knowledge said on Thursday.. Golden Energy is a coal mining subsidiary of energy and infrastructure firm Dian Swastatika Sentosa, and is ...

  • Coal India sets sights on Indonesian mines | INDOLINK ...

     · Source: The Economic Times, Dec 16, 2010 NEW DELHI: The world''s largest coal producer, Coal India, is in talks with Indonesia''s Sinar Mas Group for acquiring coal mines in the islandnation, a top company official said on Wednesday. Indonesian conglomerate Sinar Mas Group has interests in coal mining, logging and wood-pulp production and palm…

  • Coal India

    Coal India has budgeted $1.2 billion to buy assets in the U.S., Indonesia and Australia during the year ending March 2011 as it battles a widening gap between domestic coal supply and demand. In May 2011, Coal India said it wanted to buy a stake in Massey Energy Co.''s Sidney Underground Mines, and is awaiting a response from the U.S.-based ...

  • NTPC May Purchase Stakes in Two Indonesia Coal Mines ...

     · NTPC Ltd., Asia''s second-largest power producer by market value, may buy stakes in two coal mines in Indonesia as it seeks access to the fuel to help end blackouts in India.

  • Prashant Mehra | Daily News & Analysis

    Coal India in talks to buy stake in Indonesia mine India They even read cookery books zealously! Business Tata Consultancy Q1 net up 21%, beats forecast Tata Consultancy Services Ltd, India''s top software services exporter, posted a 21% rise in quarterly profit, beating estimates, helped by a surge in outsourcing demand from overseas clients.

  • Japan''s Sojitz to sell stake in Indonesia''s thermal coal mine

     · TOKYO: * Japanese trading house Sojitz Corp said on Monday in a statement it would sell its 30 percent stake in the Bara Alam Utama (BAU) thermal coal mine in South Sumatra, Indonesia, to an existing partner for an undisclosed sum * The deal reflects the company''s effort to rebalance its coal assets, shifting away from thermal coal investment and focusing more on coking coal, amid growing ...

  • Coal India in talks to buy stake in Indonesia mine

     · Coal India, the world''s largest coal miner, is in advanced talks to buy up to 40% stake in Indonesia''s Golden Energy Mines in a deal valued between $750 million and $1 billion, three sources with direct knowledge said on Thursday. Golden Energy, a coal mining subsidiary of energy and ...

  • India Just Opened Its Coal Sector To The World, But Is ...

     · The last time companies actively bid for coal mines in India was in 2015-2016, and that bidding spree occurred because the country''s top court in 2014 canceled allocations of 214 coal …

  • Government in talks to buy coking coal mines in South Africa

     · The government is in talks with South Africa to buy coal mines there to feed India''s expanding steel industry, Coal Secretary Anil Swarup said, adding that it also hopes to stop imports of coal ...

  • NMDC may buy stake in Indonesian coal mine

     · is considering a stake in an Indonesian thermal coal mine owned by Renuka Coalindo, an acquisition aimed at expanding the profile of the minerals producer that has been focused mainly on iron ore and coking coal. Confirming the development, two directors of NMDC told ET on the condition of anonymity that the company was evaluating PT Renuka Coalindo Tbk, listed on the Indonesian stock …

  • GMR to buy 30% in Indonesian mine | Business Standard News

     · Read more about GMR to buy 30% in Indonesian mine on Business Standard. GMR Energy Ltd (GEL), a subsidiary of GMR Infrastructure Ltd, will acquire 30 per cent stake in Indonesia''s PT Golden Energy Mines Tbk, or GEMS, for $450-$550 million (Rs 2,000-2,500 crore) in cash, joining the line of Indian firms buying coal

  • Coal India denies takeover talks with Australia''s ...

     · Coal India, the world''s largest coal producer denied that it is in talks with Australia''s Whitehaven Coal, which has a market value of around $2.6 billion to either acquire the company or buy ...

  • World''s Largest Coal Miner Looking to Buy Metal Mines Abroad

     · New Delhi al India, the world''s largest coal miner, has held internal talks to discuss buying metal mines abroad amid faltering revenues and rising employee costs, potentially signaling a strategy shift to cut reliance on the fossil fuel.

  • Coal India in talks with Peabody, Massey for coal mines ...

     · Coal India in talks with Peabody, Massey for coal mines. 13 November 2010. The world''s largest coal producer, Coal India Ltd (CIL), is in talks to buy mines from two US-based coal miners Peabody ...

  • Coal India looking to acquire mines in US, Australia and ...

     · Reuters . State-run Coal India is in talks to buy mines from U.S.-based Peabody Energy and Massey Energy, according to a media report citing the company''s chairman. "They expressed interest in offering certain mines to us and we are looking at that," Partha Bhattacharyya said in a report by the Associated Press carried in the Economic Times newspaper on Saturday.

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