{"id":276721,"date":"2019-05-30T06:34:10","date_gmt":"2019-05-30T06:34:10","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=276721"},"modified":"2019-05-30T06:34:10","modified_gmt":"2019-05-30T06:34:10","slug":"nmdc-plans-to-buy-coking-coal-mine-in-zimbabwe","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nmdc-plans-to-buy-coking-coal-mine-in-zimbabwe\/","title":{"rendered":"NMDC plans to buy coking coal mine in Zimbabwe"},"content":{"rendered":"<p>State-run National Mineral Development Corporation (NMDC), which reported a record net profit this year, is looking to acquire a coking coal mine in Zimbabwe and take-over the entire shareholding of Australia\u2019s Legacy Iron Ore where it already has a controlling shareholding.<\/p>\n<p>\u201cWe are planning to acquire the remaining stake in Legacy and may delist the company from the Australian Stock Exchange in the future after the full take-over as there is a lot of compliance-related expenditure,\u201d Amitava Mukherjee, Director (Finance), NMDC, said on Tuesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-run National Mineral Development Corporation (NMDC), which reported a record net profit this year, is looking to acquire a coking coal mine in Zimbabwe and take-over the entire shareholding of Australia\u2019s Legacy Iron Ore where it already has a controlling shareholding. \u201cWe are planning to acquire the remaining stake in Legacy and may delist the company from the Australian Stock Exchange in the future after the full take-over as there is a lot of compliance-related expenditure,\u201d Amitava Mukherjee, Director (Finance), NMDC, said on Tuesday.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[210,130,143],"tags":[],"class_list":["post-276721","post","type-post","status-publish","format-standard","hentry","category-coal-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276721","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=276721"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/276721\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=276721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=276721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=276721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}