India MMTC tender set to boost SA coal
October 27, 2009 by goldguru · Leave a Comment
The South African coal market is set to be boosted further by India’s state-owned trading firm MMTC’s tender for 12,5-million tons, Indian traders participating in the tender said. Indian demand for South African coal has been the most important factor supporting prices at over $60/t FOB Richards Bay throughout this year. Read more….
Riversdale interim profit falls, expects soft SA coal market
February 24, 2009 by goldguru · Leave a Comment
ASX-listed Riversdale Mining has reported a profit of A$80 000 for the six months ended December 2008, compared with the A$83,3-milllion recorded in the corresponding period of 2007. The company stated that in the previous half year, consideration of A$100-million for the disposal of 35% of the entities holding the Benga and Tete exploration tenements, [...]
