1
Everything Mining Industry Country Focus How to Guide
 
Intelligence on industry and mining
 
 
Back

Coal India losing interest in underground mining

By:  
Creamer Media Correspondent
 
COAL
Underground mining is increasingly falling off the map of major producer Coal India Limited (CIL), despite the company planning to add an estimated 182-million tons a year to its production profile by 2020. Higher capital costs, the geological parameters of new reserves and the group’s inability to stop production from underground mines falling have compelled the miner to plan future incremental production entirely from opencut mines.
 
 
 
 
 

Latest content...

Register for daily alerts on news as it breaks in various key economic sectors - Click here to register