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States to approve land acquisition process for private

Sep 23, 2020 The coal ministry has proposed that states can choose between the Coal Bearing Areas (Acquisition & Devel­opment) Act, 1957, and the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013. The compensation amount is the same under both. To ease the mining process under the auction, the Centre was considering allowing land acquisition

Land acquisition for commercial mining may come under coal

Aug 26, 2020 In order to ease the coal mining process for the upcoming commercial coal auction, the Centre is mulling to allow land acquisition under the Coal Bearing Areas Act, 1957. This would entail the Centre acquiring land and then giving it on lease to the miners. Speaking at a stakeholders’ discussion on commercial coal mining held by Ficci, the nominated authority for coal auction said the Centre

Blackhawk Mining acquired by European company

Jun 03, 2020 The Lane Report, Inc. 465 East High St. STE 124 Lexington, KY 40507 (859) 244-3500

Coal Acquisition seeking most of Walter's Alabama coal

Specifically, Coal Acquisition will not be acquiring the coke plant in Alabama owned and operated by Walter Coke, Walter’s coal mining operations in southern West Virginia or the Choctaw mine in Alabama. Furthermore, Coal Acquisition is not acquiring any of Walter’s operations or assets in Canada and the United Kingdom.

Mergers & Acquisitions Mining News Junior Mining Network

Dec 11, 2020 Mergers & Acquisitions Mining News. December 11, 2020 . Cardinal Resources: Increased On‐Market Takeover Bid by Nord Gold SE Take No Action . December 10, 2020

Top six biggest mining mergers set to rock the industry

The most recent of the biggest mining mergers, Canada-based Barrick Gold announced its acquisition of Randgold Resources for around $18bn on 24 September 2018. The merger will create the world’s biggest gold mining company, with a combined production capacity of 6.6 million ounces of

AMCI Acquisition Corp. (AMCIU)

AMCI Acquisition Corp. is sponsored by AMCI Group, a privately held natural resources investment management company with a global presence in the Natural Resources and Mining Equipment, Technology and Services (“METS”) sectors. Our management team founded AMCI in 1986 as a coal and metals trading company amcigroup

Land Acq. Under CBA Act 1957 Ministry of Coal

The Coal Bearing Areas (Acquisition and Development) Act, 1957 (20 of 1957) provide for the acquisition of land containing or likely to contain coal deposits and for matters connected therewith. Under the provisions of this Act, the land is acquired for Government Companies only for coal mining and activities strictly incidental to mining purposes.

THE COAL BEARING AREAS (ACQUISITION AND

THE COAL BEARING AREAS (ACQUISITION AND DEVELOPMENT) ACT, 1957 ACT NO. 20 OF 1957 [8th June, 1957.] An Act to establish in the economic interest of India greater public control over the coal mining industry and its development by providing for the acquisition by the State of unworked land

International Coal Group Wikipedia

International Coal Group, Inc. (ICG), is a company headquartered in Teays Valley, West Virginia that was incorporated in May 2004 by WL Ross & Co for the sole purpose of acquiring certain assets of Horizon. ICG eventually operated 12 mining complexes in Northern and Central Appalachia (Kentucky, Maryland, and West Virginia) and one complex in the Illinois Basin.

Productivity And Acquisitions In U.S. Coal Mining

Using a unique micro data set on the universe of U.S. coal mines observed from 1978 to 1996, it is estimated that acquired coal mines are significantly less productive than non-acquired mines prior to having been acquired. Additionally, there is observable and significant evidence of post-acquisition productivity improvements.

GE is getting out of the coal power business CNN

Sep 21, 2020 GE's exit from coal "highlights the billions of dollars of shareholder value destruction that is embodied with the failed Alstom acquisition," John Inch, senior analyst at Gordon Haskett Research

Coal mining World Coal Association

Coal mining is only a temporary use of land, so it is vital that rehabilitation of land takes place once mining operations have stopped. In best practice a detailed rehabilitation or reclamation plan is designed and approved for each coal mine, covering the period from the start of operations until well after mining

Commercial coal mining: ‘Govt considering land acquisition

Currently, the CBA Act is used for acquisition of land for use by state-owned coal mining companies, such as Coal India Ltd (CIL). (File) The central government is considering a proposal to acquire land under the Coal Bearing Areas (CBA) Act, 1957 and then lease it to private players to expedite the development of coal blocks allocated for commercial mining, according to senior government

Utility trader Sev.en Energy acquires US met coal miner

Sev.en took a 17.1% stake in TSX-listed coking coal miner Corsa Coal Corp. last month in a deal worth around $2.5 million, marking its initial foray into met coal. Sev.en bought the Corsa stake held by Sprott Resource Holdings, stating it has a long-term view of the investment and may acquire additional securities of the issuer.

AMCI Acquisition Corp. (AMCIU)

AMCI Acquisition Corp. is sponsored by AMCI Group, a privately held natural resources investment management company with a global presence in the Natural Resources and Mining Equipment, Technology and Services (“METS”) sectors. Our management team founded AMCI in 1986 as a coal and metals trading company amcigroup

THE COAL BEARING AREAS (ACQUISITION AND

THE COAL BEARING AREAS (ACQUISITION AND DEVELOPMENT) ACT, 1957 ACT NO. 20 OF 1957 [8th June, 1957.] An Act to establish in the economic interest of India greater public control over the coal mining industry and its development by providing for the acquisition by the State of unworked land

Barrick Gold and Acacia Mining reach buyout deal

Barrick Gold has signed an agreement to acquire a stake in Acacia Mining not currently owned by the company. The acquisition is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act.

Land Acq. Under CBA Act 1957 Ministry of Coal

The Coal Bearing Areas (Acquisition and Development) Act, 1957 (20 of 1957) provide for the acquisition of land containing or likely to contain coal deposits and for matters connected therewith. Under the provisions of this Act, the land is acquired for Government Companies only for coal mining and activities strictly incidental to mining purposes.

UK Coal Wikipedia

History. The predecessor company of UK Coal was founded by Richard J. Budge in 1974 as RJB Mining.In 1994, following the privatisation of the UK mining industry, it grew fivefold with the acquisition of British Coal's core activities. It changed its name to UK Coal in 2001 after the retirement of its founder, having acquired UK Coal plc.

Acquisition of Coal Mining Interest from Australia's

Jul 12, 2012 In addition, the acquisition of IP coal mining interests is the first deal in which Sumitomo Corporation will act in a primary role in coal mining operations having 50% ownership. At the same time, Sumitomo Corporation will accumulate expertise and know-how for use in future projects and will cultivate human resources.

How govt plans to ease the process of coal mining Rediff

Aug 26, 2020 Centre plans to acquire land and then give it on lease to miners. In order to ease the coal mining process for the upcoming commercial coal auction, the Centre is mulling to allow land acquisition

Blackhawk Mining sold to Sev.en Energy News news

Dec 02, 2020 Sev.en Energy currently owns coal mining and power generation assets in the Czech Republic, in the United Kingdom and in Australia. In the Czech Republic it is the largest privately-held operator of coal mines and conventional power plants with more than 3,500 employees, the

Waves of mergers & acquisitions in coal mining business

Oct 01, 2010 After the acquisition of PT Agung Bara Prima, PT United Tractors Tbk (UNTR) moved further to acquire other mining companies. One of the acquisition targets is KP (working interest) with a coal reserve of around 20 million tons. In 2010, another major event that made a headline in coal mining industry was the acquisition by PT Adaro Energy Tbk

GE is getting out of the coal power business CNN

Sep 21, 2020 GE's exit from coal "highlights the billions of dollars of shareholder value destruction that is embodied with the failed Alstom acquisition," John Inch, senior analyst at Gordon Haskett Research

Acquisition of Coal Mining Operation Assets

We served as transaction counsel to Coronado Coal II LLC in an approximately $174 million transaction involving the acquisition of the coal mining operation assets of Cliffs Logan County Coal, LLC from Cliffs Natural Resources, Inc. The assets involved in the transaction were active underground and surface mines with metallurgical and thermal

30 U.S. Code § 1237 Acquisition and reclamation of land

(c) Requirements for acquisition of affected land The Secretary or the State pursuant to an approved State program, may acquire any land, by purchase, donation, or condemnation, which is adversely affected by past coal mining practices if the Secretary determines that acquisition of such land is necessary to successful reclamation and that—

Commercial coal mining: ‘Govt considering land acquisition

Currently, the CBA Act is used for acquisition of land for use by state-owned coal mining companies, such as Coal India Ltd (CIL). (File) The central government is considering a proposal to acquire land under the Coal Bearing Areas (CBA) Act, 1957 and then lease it to private players to expedite the development of coal blocks allocated for commercial mining, according to senior government

Waves of mergers & acquisitions in coal mining business

Oct 01, 2010 After the acquisition of PT Agung Bara Prima, PT United Tractors Tbk (UNTR) moved further to acquire other mining companies. One of the acquisition targets is KP (working interest) with a coal reserve of around 20 million tons. In 2010, another major event that made a headline in coal mining industry was the acquisition by PT Adaro Energy Tbk

Utility trader Sev.en Energy acquires US met coal miner

Sev.en took a 17.1% stake in TSX-listed coking coal miner Corsa Coal Corp. last month in a deal worth around $2.5 million, marking its initial foray into met coal. Sev.en bought the Corsa stake held by Sprott Resource Holdings, stating it has a long-term view of the investment and may acquire additional securities of the issuer.

Coal mining World Coal Association

Coal mining is only a temporary use of land, so it is vital that rehabilitation of land takes place once mining operations have stopped. In best practice a detailed rehabilitation or reclamation plan is designed and approved for each coal mine, covering the period from the start of operations until well after mining

India’s Largest Coalfield To Become Larger, Green Cover

At present, there are 10 coal mining projects undergoing in Talcher. Many of the projects were expanded by fully displacing several villages. For instance, Rakash village in Angul district is another village which is now all set to be engulfed into coal mining. Land acquisition is almost done and full partial payments have also been made.

Barrick Gold and Acacia Mining reach buyout deal

Barrick Gold has signed an agreement to acquire a stake in Acacia Mining not currently owned by the company. The acquisition is intended to be implemented by means of a court-sanctioned scheme of arrangement under Part 26 of the Companies Act.

Acquisition of Coal Mining Interest from Australia's

Jul 12, 2012 In addition, the acquisition of IP coal mining interests is the first deal in which Sumitomo Corporation will act in a primary role in coal mining operations having 50% ownership. At the same time, Sumitomo Corporation will accumulate expertise and know-how for use in future projects and will cultivate human resources.

Mining Simeka Capital Holdings

During 2017, Wescoal concluded the acquisition of Keaton Energy Holdings Limited (“Keaton”), which was subsequently delisted from the JSE. The Keaton acquisition has been value accretive for Wescoal and the integration of the companies will cement Wescoal’s position as the largest and most profitable junior coal miner in the South African

Blackhawk Mining Acquires Patriot Coal Corporation

Most of the six active mining complexes in the acquisition are located in West Virginia, with additional properties and mines in Kentucky, Ohio, Indiana and Illinois. Blackhawk saw the Patriot acquisition as an opportunity to expand its presence in the metallurgical coal market, as a complement to its prominent position as a producer of thermal

Coal processing Britannica

Other articles where Coal processing is discussed: coal mining: Coal preparation: As explained above, during the formation of coal and subsequent geologic activities, a coal seam may acquire mineral matter, veins of clay, bands of rock, and igneous intrusions. In addition, during the process of mining, a portion of the roof and floor material

India’s largest coalfield to expand, green cover under threat

Nov 06, 2020 Government to acquire a huge tract of land With the learning from the earlier experiences of coal mining in Talcher, villagers expect a large number of villages, farming land, forest lands to be taken away by the government and the mining firms to pave way for the excavation of land for coal mining.