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Coal mining is a monopoly run by the government of India Iron mining takes place in a very confined space in that country in which private operators operate iron mining as a part of the steel industry In virtually every case, these companies are in bed with the government in a corrupt way, and they are in bed with the mafia When you have .
Mining Investment India is a global forum for governments, mining companies, international investors & solution providers
Mining Investment Asia is a global forum for governments, mining companies, international investors & solution providers
The latest scam that has come out is the Coal Mining Scam in which Government has had a presumable conservative loss Rs186 trillion (short scale), due to the delayed implementation of competitive bidding process for allotment of coal ,
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The prolonged industry downturn from 2013 to 2016 has dampened mining firms' appetite for investment, particularly in low-margin ventures, while growing environmental concerns are affecting their funding options Fixed-asset investment in Chinese coal mining, for example, dropped by 50 per cent to 265 billion renminbi in 2017
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The Talaipalli coal block is located in Chhattisgarh "The work (on the project) will start in FY18 Commercial production may start from 2019-20 In the first year of commercial operations, we are aiming at 4 million tonnes of coal extraction and supply," Y D Murthy, Executive President (Finance), NCC Ltd, told PTI
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