Articles Tagged "NYSE:RIO"

5 Top Uranium Stories for Q1 2015

To wrap up the first quarter, Resource Investing News has assembled the uranium stories that generated the most buzz over the last three months.

Coal Outlook 2015: Material Recovery in Pricing Still a Few Years Out

2014 hasn't been the best year for the coal market. Next year, Joe Aldina of Wood Mackenzie expects to see more high-cost supply come out of the market, but his firm isn't calling for a material recovery in coal prices for another couple of years.

India One Step Closer to Allowing Commercial Coal Mining

The Indian government moved forward with a bill to open up commercial mining in the country when the Lok Sabha passed the Coal Mines (Special Provisions) Bill, 2014 on Thursday. The bill includes the Coal Mine Nationalisation Act, which will allow companies to mine coal in India "in any form either for own consumption, sale or for any other purpose."

Why Commercial Coal Mining Won’t Solve India’s Energy Problems

As many investors have no doubt heard, there have been indications that the Indian government may break state behemoth Coal India's monopoly on the domestic coal market by allowing foreign miners to set up shop in India. However, some believe the move may not be the answer to India's energy woes.

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.