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    coal investing

    Mozambique Rejects Coal India’s Application for More Exploration Blocks

    Investing News Network
    Jan. 10, 2011 12:17PM PST
    Industrial Metals

    Bloomberg.com reports that Mozambique has denied Coal India’s request for more coal blocks.

    Bloomberg.com reports that Mozambique has denied Coal India’s request for more coal blocks.

    The story is quoted as saying:

    “They must develop what they have first,” Noormahomed told reporters today in Maputo, the capital. “Then we will sit down and decide what to offer.”

    To access the full story, click here.

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