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Coal miner News

13 Nov 2015

Coal India Q2 net up 16% at Rs 2,544 crore

The company's net profit in the corresponding quarter of the previous fiscal was Rs 2,192.38 crore.

20 Oct 2015

CIL stake sale: Foreign bankers wary, deadline extended

It plans to sell 10 per cent stake in the world's largest coal miner, but got virtually no response from foreign merchant bankers over the company purportedly not complying with its own sustainability policy.

14 Jul 2015

Coal India to give up three-fourths of Mozambique mine

Coal India Africana Limitada, a fully-owned subsidiary of the state-owned firm, was allotted two leasehold licences for extraction of coal of about 224 square kilometre in Tete province of Mozambique.

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