Coal India is awaiting a response from the Mozambique government for exploration rights for new prospective coal blocks in the African country. A request has been made to government of Mozambique for allocation of exploration rights of new prospective blocks but no response has been received till date.
Coal India Africana (CIAL), a wholly-owned subsidiary of CIL was granted prospecting licenses for two coal blocks, covering a total area of 224 sq km by the Ministry of Mineral Resources, Government of Mozambique.
Coal India is the world’s largest coal mining company. It also produces non-coking coal and coking coal of various grades for diverse applications.
| Company Name | CMP |
|---|---|
| Coal India | 441.95 |
| NMDC | 89.10 |
| GMDC | 695.65 |
| Sandur Manganese | 214.50 |
| MOIL | 323.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: