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Monday, September 1st, 2008
FE reported that, Mercator Lines' foray into dredging and coal mining business coupled with demand for vessels, its transformation into complete logistics solution provider and contract renewals at higher rates will provide a boost to the earnings growth of the company.
To minimize earnings volatility, it has employed 70% of its ...
Posted in Coal, Exploration, Mining, Mining Technology, Trade & Market | No Comments »
Friday, August 29th, 2008
Mercator Lines’ foray into dredging and coal mining business coupled with demand for vessels, its transformation into complete logistics solution provider and contract renewals at higher rates will provide a boost to the earnings growth of the company.
To minimize earnings volatility, it has employed 70% of its shipping fleet in ...
Posted in Coal, Exploration, Iron ore, Metal, Mining, Mining Contractor, Mining Technology | No Comments »
Thursday, August 28th, 2008
Mercator Lines, which is possibly the only domestic shipping company to foray into the coal mining business, is now planning to acquire a 50 million tonne coal mine in Indonesia. Mercator expects to invest $50-75 million (approximately Rs 200-300 crore) for acquisition, a senior company official said.
He said that the ...
Posted in Coal, Exploration, General News, Mining, Mining Investment | No Comments »