The price and the deal are still subject to regulatory approval, the company said. (Reporting by Langi Chiang; Editing by Lucy Hornby and Edmund Klamann) - BEIJING, April 16 - China’s Zhengzhou Coal Industry & Electric Power Co will issue up to 400 million shares to its parent to buy coal mines and other assets [...]

China Coal Energy Co , the country’s No. 2 coal producer, plans to more than double capital spending in 2008 as it pushes a rapid production expansion plan.
Executive Director Yang Lieke told reporters on Thursday the firm intends to set aside 16.16 billion yuan to spend on its core coal and coal chemicals businesses this [...]

Ashburton Minerals announced excellent first-pass results of a surface geochemical survey completed over the Sunday Bore Project (E09/1308) in WA which indicate the presence of two uranium anomalies and one copper anomaly within the project area. In addition, field observations have identified the possible continuation of the Gifford Creek Carbonatite Complex into the project area. [...]

India’s Larsen & Toubro Ltd (L&T) said it has won a 28 mln eur order from a unit of China-based Zhongyuan Coal Chemical Industry Group, for the supply of a coal gasifier and cooler assembly.
In a regulatory filing, the country’s largest engineering and construction group said the order was won by its heavy engineering division [...]

Construction major Larsen & Toubro Ltd. (L & T) has bagged a contract worth 28 million euros ($ 44.13 million or Rs.1.70 billion) from China, the world’s largest and heaviest coal gasifier plant.
The Hebi Coal and Electricity Ltd., a subsidiary of Zhong Yuan Coal Chemical Industry Group’s mission.
Information of the Bombay Stock Exchange (BSE), an [...]

Ninety-four pages of proposed rules for uranium mining companies that need to obtain state groundwater permits were too much Wednesday for the South Dakota Water Management Board.
The panel had planned to make a decision on the rules but decided to delay it until a special meeting April 2-3 in Rapid City.
Board members want to know [...]

Thailand and Cambodia plan to set up Joint Development Areas (JDA) covering 26,000 square kilometres of overlapping border areas to facilitate the exploration of natural gas and crude oil, Foreign Minister Noppadon Pattama said yesterday. Mr Noppadon said the Thai and Cambodian foreign ministries will hold talks on the establishment of the JDA to [...]

Findings of a new study on gold mining operations in the country launched yesterday have revealed that the government lost an estimated USD400m (more than 400bn/-) over the last ten years in low royalties, unpaid corporation tax and tax evasion.
The study, entitled: “A Golden Opportunity - How Tanzania is failing to benefit from gold mining,“ [...]

ALBA is seeking more than $1 billion (BD378 million) in damages from a US corporation it has accused of corruption, it has emerged.
Court documents obtained by the GDN allege the company paid exorbitant prices for alumina, amounting to hundreds of millions of dollars and which continue to accumulate today.
They state the ‘outrageous’ 15-year fraud [...]

India’s state-owned Oil and Natural Gas Corp. said it will notify four oil and gas discoveries in a month to the Directorate-General of Hydrocarbons.
The decision came at an ONGC board meeting Monday, an ONGC statement said Tuesday.
The board also cleared three major investments for growth-oriented projects, the statement said, adding these are the reconfiguration of [...]