ICVL to invest $500 million in its Mozambique coal mines
ICVL is also looking to appoint a full-time official with rich experience in coal mining to head the operation of the Mozambique mines to turn them into a profitable venture.
Oct 26, 2014, 13:20 PM IST
Coal India assessing reserves of Mozambique mines
As part of the drive to ramp up production, Coal India Ltd is assessing the reserves at its twin mines in Mozambique.
Sep 08, 2014, 18:03 PM IST
SAIL-RINL-NMDC to form SPV to buy Rio Tinto Mozambique assets
Consortium members of International Coal Ventures Ltd - SAIL, RINL and NMDC - will form a special purpose vehicle to buy Rio Tinto's Mozambique coal mines as other partners NTPC and Coal India are not keen on taking part in ICVL's maiden deal announced last month.
Aug 17, 2014, 21:26 PM IST
Rio Tinto sells Mozambique coal assets
A consortium of Indian state-run companies -- International Coal Ventures -- will take over the mines, and the deal will be finalised in the third quarter of this year.
Jul 30, 2014, 17:25 PM IST
