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Mechel reports 2020 operational results


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Mechel PAO, one of the leading Russian mining and metals companies, has announced its 2020 operational results.
Mechel PAO’s CEO, Oleg Korzhov, commented: “Amid a backdrop of the coronavirus pandemic, last year was extremely uneven and perhaps the most complicated for industrialists since the 2008 financial crisis. Mechel Group survived this situation fairly well – we did not halt any of our facilities, we preserved our staff and did not revamp our production plans.
“Economic activity in most Asia Pacific states picked up in 3Q20. Today, clients are highly interested in our coal products, which is due to stable demand and incremental growth of steel output in the region. By the end of 2020, spot prices for metallurgical coal concentrate reached US$202/t CFR China. Over 2 months – from October to the beginning of December – the price went up by 62% and continued to grow. The upward dynamics of the spot market affects quarterly contract prices a ....

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Kangra coal mine recommences operations


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Coal mining company Kangra, which was put on care and maintenance due to COVID-19 lockdowns in the domestic and export markets, has resumed operations at its coal mine, located in Saul Mkhizeville in the province of Mpumalanga, South Africa, has with the opening of Pit C.
The management of Kangra, a subsidiary of private investment company Menar, has over the last few weeks engaged various stakeholders to enable smooth commencement of operations that were suspended in March 2020.
Bradley Hammond, Menar Chief Operating Officer, who is overseeing the resumption of operations, said that Kangra was in the process of ramping up operations in order to meet customer supply requirements. ....

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Fighting for Jharkhand's tribal heritage amidst threats of coal mining- Bulu Imam's incredible story


Fighting for Jharkhand s tribal heritage amidst threats of coal mining- Bulu Imam s incredible story
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Once a big-game hunter, Bulu Imam has been an environmental and tribal activist and a revivalist of tribal painting. Now, he plans to set up a museum and research centre in Hazaribagh. 
On the fringes of Hazaribagh in Jharkhand, one can find a colonial house enclosed by lush green trees and bushes. In this serene environment, reading perched on an arm chair is 74-year-old Bulu Imam.
Bulu is a treasure unfamiliar to many. A big-game-hunter-turned-environmentalist, he is also an archaeologist, a revivalist of tribal paintings, and the winner of the International Peace Award by the Gandhi Foundation for his humanitarian work. Today, with his son Gustav Imam, plans to set up a museum and research centre in Hazaribagh. ....

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