India's MOIL eyes manganese ore assets in South Africa, Congo - report.

By bne IntelliNews May 23, 2011
India's MOIL is looking to buy manganese ore assets in South Africa, Congo, Turkey and West Asian countries, the Business Standard newspaper reported. MOIL has recently expressed interest in acquisitions and received six proposals, the company's chairman, K.J. Singh, was quoted as saying. According to the executive, the company is looking at reserves of about 100mn tons. At present, MOIL operates 10 mines, six located in the Nagpur and Bhandara districts of Maharashtra and four in the Balaghat district of Madhya Pradesh.

Related Articles

South Africas Exxaro mulls firing striking coal miners.

South African company Exxaro Resources said one of the options it currently considers is dismissing striking coal mine workers who fail to return to work in the week of March 25, fin24 reported ... more

South Africas Telkom says there is no decision to lay off 13,000 employees.

South Africas telecommunication operator Telkom said that it has not made a decision on retrenching 13,000 employees, or more than half of its staff, TechCentral reported quoting a company ... more

BP, Masana Petroleum Solutions sell LPG business in South Africa.

Oryx Energies, a major independent provider of oil and gas products and services in Africa, has agreed to buy the South African liquefied petroleum gas (LPG) distribution businesses of BP and ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss