Glencore to Acquire Hail Creek Coal Mine in Australia
Glencore has reached an agreement to acquire Rio Tinto’s 82% interest in the Hail Creek coal mine and adjacent coal resources, as well as its 71.2% ...
Warrior Met Coal Prepares for 2018
Warrior Met Coal, the leading U.S. exporter for high-quality metallurgical coal, confirmed it has completed three planned longwall moves. It plans to ramp up production ...
China’s four major power generation groups have asked the National Development and Reform Commission, the country’s top economic regulator, to increase coal supplies and regulate and reduce coal prices ...
China’s Qinhuangdao port started to cap thermal coalprices for FOB 5,500 kcal/kg coal at RMB750 per metric ton (mt) ($118.28/mt), following a request from China’s National Development and Reform Commission ...
Warrior Met Coal, the leading U.S. exporter for high-quality metallurgical coal, confirmed it has completed three planned longwall moves. It plans to ramp up production in Alabama to meet a tight market ...
... and thermal coal pricing and an 11% increase in Powder River Basin coal shipments.
“A highly successful fourth quarter capped a year of substantial achievement for Peabody, as the company delivered results ...
Wesfarmers announced it has agreed to sell one of the world’s largest metallurgical coal mines, its 8.5-million-metric-ton producing Curragh mine in Queensland, to Coronado Coal Group for $700 million ...
Strong export sales helped fuel higher steam coal output by Foresight Energy LP in the second quarter of 2017, but the company sold less coal at lower realized prices despite productivity gains, and recorded ...
Alliance Resource Partners sold more coal in the second quarter of 2017 than a year ago, but its net income and total revenues declined because of anticipated decreases in coal sales prices. Joseph Craft, ...
At the end of September, Coal of Africa Ltd. (CoAL) sold the Mooiplaats Colliery to a consortium of investors, known as MCH, for R179.9 million ($13.2 million). MCH members include young black professionals, ...
... recent spike in Southwest power prices caused by high demand periods and higher natural gas costs demonstrates why the Navajo Generating Station and coal continue to be an essential component of a reliable, ...
Mergers or restructuring will dominate the coal industry in the northern province of Shanxi after three major mining groups reported first-quarter losses, China Daily reported. Out of the seven leading ...
High-horsepower engine sales are stuck in the slow lane, but suppliers are adding new services and performance improvements to pave the way for future fleet expansion opportunities
Like an audience holding ...
Armstrong Energy, the parent company of high-sulfur Illinois Basin steam coal producer Armstrong Coal, said it may not be able to continue unless it is able to successfully restructure about $207 million ...
Some listed coal companies in Shanxi province, the country’s largest coal production base, expect to see profits grow, thanks to rising coal prices resulting from the nationwide capacity reduction campaign, ...
Coal production in the United States is expected to increase slightly in both 2017 and 2018, reversing recent declines, primarily because of rising natural gas prices, according to a new report by the ...
Rail provider Aurizon confirmed to the Australian Financial Review that none of the four railways serving Queensland coal miners were in full operation, and two of them were entirely out of action in the ...
BY STEVE FISCOR/EDITOR-IN-CHIEF
The first question that I get from people who know my proud affiliation with coal is: Do you really think Trump can save the coal miners? Until recently, my answer was ...
Murray Energy Corp. is pushing back against a controversial plan by Dayton Power & Light Co. (DP&L), Ohio’s smallest investor-owned electric utility, to close the coal-burning J.M. Stuart and Killen power ...
Japanese companies plan to develop about 45 additional coal power plants, adding more than 20 gigawatts (GW) of capacity, in the next decade, according to the U.S. Energy Information Administration (EIA). ...