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Brent Crude Oil $ 63.83 / bbl 0.85%

Palladium $ 978 / ozt -0.20%

Crude Oil $ 61.99 / bbl 1.72%

Natural Gas $ 3.524 / Btu -0.31%

Silver Futures $ 33.21 / ozt -0.72%

Aluminum Futures $ 2348.5 / ton 0.00%

Micro Gold Futures $ 3331.3 / ozt -0.28%

Micro Silver Futures $ 33.205 / ozt -0.69%

Platinum $ 1055.4 / ozt -2.46%

Gold Futures $ 3331.1 / ozt -0.36%

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MMTC drops proposal to buy overseas coal mines

Livemint.com | July 3, 2011 | 6:12 pm Energy Asia Coal

New Delhi : In a major consolidation exercise, state-owned trader MMTC Ltd has dropped plans of buying overseas coal mines, commercial farming in Africa and generating electricity locally. The company would instead concentrate on its core businesses such