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Aug 13, 2019The mine is directly managed and operated by Bisti Fuels, a subsidiary of Dallas-based North American Coal, and NTEC has no actual mine-operations experience.5 Question No. 6 Is NTEC considering other deals to buy more coal assets? NTEC, by bidding to buy Cloud Peak's assets, has likely drawn interest from owners
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Nov 18, 2020While the primary purpose of the NTPC is to generate and sell electricity, it has also branched out into other activities, including coal mining, as coal
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Jan 08, 2020In a bid to attract investments and boost domestic coal production, the government on January 8 approved promulgation of an ordinance to open up coal mining in the country to non-coal
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The Secretary, his agents, employees, or contractors or the State pursuant to an approved State program, shall have the right to enter upon any property for the purpose of conducting studies or exploratory work to determine the existence of adverse effects of past coal mining practices and to determine the feasibility of restoration, reclamation, abatement, control, or prevention of such
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For the purpose of bid evaluation in cases other than where a captive fuel source is offered, median escalation rate of the relevant fuel index (as identified in the RFP) in the international market or domestic market for the last 30 years for coal and 15 years for gas/LNG
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For coal mined by underground mining methods, the royalty rate has been established by regulation at 8 percent of the gross value of coal produced. All royalty collections are managed by MMS. Royalty receipts are shared equally with the state from which the mineral was extracted. A Federal coal lease has an initial term of 20 years.
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Dec 30, 2016On this day in 1986, a mining tradition dating back to 1911 ended: the use of canaries in coal mines to detect carbon monoxide and other toxic gases before they hurt
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Surface Mining Control and Reclamation Act (SMCRA). The purpose of the AML program is to eliminate human health and safety hazards caused by coal mining practices that were in place before August 3, 1977, as well as to reclaim and restore land and water resources that have been adversely impacted by coal mining operations.
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To date, more than 40 mines with an annual production capacity in excess of 500 million tonnes of coal have been allocated to state and federal government entities via competitive bidding. These entities will be inviting bids for coal mining in the near future. The preferred model for engagement is a Mine Development and Operations (MDO) model.
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May 09, 2020The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in
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Sep 11, 2018Contract mining: The good, the bad and the ugly. The mining industry is an integral contributor to the South African economy, especially in terms of
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mines and such other conditions which may be necessary for the purpose of coal or lignite reconnaissance, prospecting or mining operations; (dc) utilisation of coal or lignite including mining for sale by a company;. 9. In section 17A of the principal Act, in sub-section (2A), in the proviso, the words and letter Part A and shall be omitted.
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Strip mine - An open-pit mine, usually a coal mine, operated by removing overburden, excavating the coal seam, then returning the overburden. Sub-bituminous - A black coal, intermediate between lignite and bituminous. Sublevel - A level or working horizon in a mine between main working levels.
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Allocation of Mining Permits by Cash Bonus Bidding 63 Conditions of Grant of Mining Permits (other than Special Purpose Mining Permits) 63 Permit Details 64 Commencement Date of Permit 64 Copies of Permit Held 65 Advice to Other Parties of the Grant of Permit 65 Other Consents Necessary 65 Special Purpose Mining Permits 66 Evaluation of
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Mining permits are transferable provided that prior approval of the Minister of Energy and Industry is obtained and that the mining activity has already started. Exceptionally, mining permits granted following a bidding procedure as well as mining permits for which an agreement providing favorable conditions is concluded, are not transferable c
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The price of minerals is up all over the world, and mining is a growth business right now. Everyone wants to jump in. There are all sorts of aspects to the mining industry you may want to take advantage of. Maybe you want approval from a government agency to open a new mining operation.
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The date the coal lease becomes effective. A lease normally becomes effective the first day of the month following the lease signature. Successful Bid: The amount of the bonus bid offered for a lease tract for the purpose of obtaining the right to explore and develop Federal coal. Tons Offered (per sale notice):
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The proposed auctions have followings liberal terms and conditions: ♦ Transparent bidding process. ♦ No financial and technical criterion for bidders; new companies are allowed to participate in the bidding process. ♦ Floor price of coal mines has been set competitively at 4 per cent of revenue share. ♦ Upfront amount is reduced and can
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Jan 08, 2017Here are 15 rare coal mining photos from Pennsylvania that provide a glimpse into the coal mining industry's vibrant past. During these uncertain times, please keep safety in mind and consider adding destinations to your bucket list to visit at a later date. 1. Children work in the coal mines, while being supervised by an adult with a stick
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example, coal of different quality can come from the same mine. The cost of mining the coal is a joint cost of these joint products . The problem in such cases is whether and how to allocate the joint cost of the input (for example, the cost of the mine) to the joint products (for example, hi-grade and lo-grade coal). Joint Costing Defi ned
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Nov 03, 2020The first auction of coal blocks for commercial mining was completed on Monday, with five mines going under the hammer. Vedanta Resources emerged as the highest bidder for Odisha's Radhikapur West coal mine, offering 21 per cent revenue share for the mine, which has estimated reserves of 312 million tonnes of coal with a peak capacity of 6.0 million tonnes per annum.
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May 20, 2020New Delhi: India will soon begin auction of coal blocks for commercial mining purpose as the Union cabinet led by Prime Minsiter Narendra Modi on Wednesday approved the methodology which puts an end to the monopoly of state-run Coal India. "The auction methodology based on revenue-sharing model has been approved by the Cabinet," sources said adding the formal announcement is
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Nov 03, 2020The auction of coal blocks for commercial mining which kickstarted yesterday on Monday saw Vedanta bidding the highest for a mine in Odisha, while Hindalco bid the most for a block in Jharkhand. Vedanta made highest bid for Radhikapur West mine at 21 per cent revenue sharing, the coal ministry said in a statement.. Hindalco Industries bid the highest for Chakla coal mine in
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captive coal mining operations for projects bid out u/s 63 of the Electricity Act, 2003. Global coal trade has increased substantially over the years. World hard coal trade was estimated at 775 Mt (Million tonnes) in 2005, up 4.2% on the previous year of which around 550 Mt was steaming coal
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(i) a company eligible to bid for any Schedule II coal mine under sub-section (3) of Section 4 of the Ordinance shall have incurred an expenditure of not less than eighty per cent of the total project cost of the unit or phase of the specified end use plant for which the company is bidding, Explanation.
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The function of the mining engineer is to apply knowledge of pertinent scientific theory, engineering fundamentals, and improved technology to recover natural resources. Mining is a world-wide activity involving the extraction of non-metallics, metal ores of all kinds, and solid fuel and energy sources such as coal and nuclear materials.
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Jul 10, 2020One bid per company for a mine is allowed. There is no restriction on the sale and consumption of coal. "The coal produced from the coal mine may be sold by the successful bidder in any manner as may be decided by the successful bidder, including sale to affiliates and related parties, utilisation of coal for any purpose, including but not
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Aug 10, 2020Montana Abandoned Mine Reclamation Plan, as amended July 19, 1995 (Federal Register Vol. 60 No. 138 pg. 36998), the Montana Department of Environmental Quality, Abandoned Mine Lands (DEQAML), is proposing to complete the abatement of the coal seam fire followed by reclamation of areas impacted by the abatement.
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Jul 10, 2020The Modi government's announcement on May 16, 2020, allowing commercial mining of coal by the private sector, on revenue sharing mechanism instead, of the regime of fixed rupee/tonne, effectively ended government monopoly in the coal sector. In a bid to open up the coal mining sector to attract global bidders for auctions and boost FDI in
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Mountaintop removal coal mining, often described as strip mining on steroids, is an extremely destructive form of mining that is devastating Appalachia. In the past few decades, over 2,000 miles of streams and headwaters that provide drinking water for millions of Americans have been permanently buried and destroyed. An area the size of Delaware has been flattened. Local coal field
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