Energy Market News Directory

India May Open Commercial Coal Mining to Foreign Companies

In a bid to tackle the India's coal supply shortage - which happens despite the country sitting on the world's fifth largest coal reserves - Prime Minister Narendra Modi is considering opening up commercial coal mining to foreign companies, according to Reuters. Companies like Rio Tinto (NYSE:RIO) would be allowed to operate in India if they set up units in the country.

Chris Berry Sees “Asymmetric Opportunities in the Mining Space”

In a note from the Disruptive Discoveries Journal, Chris Berry recounted a recent trip to an investor conference in Hong Kong. While the analyst saw investors there - and elsewhere - searching for a turn in the markets, he reaffirmed his positivity on the energy metals sector and offered some optimism for investors regarding the resource space in general.