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Hindustan Zinc Inducts Graduate Engineers to meet expansion in Mines

65 GETs inducted last year, 200 GETs inducted this year to meet expansion requirement Udaipur : Hindustan Zinc is expanding all its mines to meet metal production capacity of 1.2 million tonnes from the current capacity of 1.0 million tonne. Recently the company has also entered into the solar energy ... Read More »

Coal India reports 40.74 MT of production in May 2017

44.09 MT. The company’s total off-take for the month of May stood at 46.41 MT, as against a target of 50.99 MT. Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications. Read More »

Coal India to shut loss-making mines to cut operational expenses: Report

In a bid to cut operational expenses, Coal India is reportedly planning to shut-down loss-making mines. In this regards, the company has identified 65 loss-making mines for closure. Around 40,000 workers, roughly 13 per cent of the total (3,09,455), employed in these mines will be redeployed. Of the total, 62 ... Read More »

Hindalco Industries to set up high-end aluminium plant: Report

Hindalco Industries is reportedly planning to set up a high-end alloy plate-manufacturing unit. The project would need an overall investment of Rs 2000 crore and the company is in talks with the government to evaluate if it can start it as a public-private partnership (PPP). Hindalco Industries is an industry ... Read More »

Hindustan Copper inaugurates Banwas Mine in Rajasthan

Hindustan Copper has inaugurated Banwas Mine located at Khetri Copper Complex, Rajasthan after completion of mine construction. The production capacity of the mine is 6 lakh tonne per annum of copper ore. The production will start from current financial year. The Banwas Mine has been inaugurated on May 31, 2017. ... Read More »

Hindustan Zinc sets up mining academy to train youth: Report

Hindustan Zinc has reportedly set up a mining academy to train youth in mining. In this regards, the company will invest Rs 30 crore in next 5 years and will train some 500 personnel in response to a growing need for skilled technical manpower in the country’s natural resources sector. ... Read More »

Coal India’s Rajmahal OCP sets target of 17 MT coal production during 2017-18

Rajmahal Opencast Project of Eastern Coalfields (ECL), a subsidiary of Coal India (CIL), has set a target of 17 million tonne (MT) coal production during 2017-18 at its optimum capacity. Rajmahal OCP produced 14.43 MTs of coal during 2016-17. With the issue of shifting Bhadotola village being solved in stages ... Read More »

Coal India reports 6% growth in overall despatch of coal in April

Coal India (CIL) has reported 6% growth in its overall despatch of coal to 45.3 million tonnes in April 2017 as compared to 42.7 mt despatched during April 2016. The supply at par is at a time when demand of coal by the power sector has picked up on the ... Read More »

Adani Enterprises defers final investment decision on Australian coal project: Report

Adani Enterprises has reportedly postponed a final investment decision on its long-delayed Australian Carmichael coal project, as the Queensland state government has yet to sign off on a royalty agreement for the mine. Adani is advised that the Queensland cabinet did not consider any submission or make a decision on ... Read More »

Coal India plans to appoint tax consultant: Report

Coal India is reportedly planning to appoint a tax consultant to assist the miner and its subsidiaries in getting ready for the Goods and Services Tax (GST) and indirect taxes for the miner. In this regard, the company has floated a tender. The miner will seek advice from the consultant ... Read More »