CA-Black-Transp

Murray Energy Sues Time Warner and HBO

 In response to what Murray Energy Corp. (MEC) called blatantly false, totally concocted and deliberately destructive statements made against Robert E. Murray, MEC and some of its West Virginia operations, the company confirmed they have filed a lawsuit against Time Warner Inc., Home Box Office Inc. (HBO) and their operatives for statements they made during the broadcast of an episode of “Last Week Tonight with John Oliver,” which aired on June 18.

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Rio Tinto Selects Yancoal as Buyer of C&A Assets

Rio Tinto has confirmed that Yancoal is the preferred buyer of its thermal coal assets in Australia. The Rio Tinto board has reconfirmed its recommendation that shareholders vote in favor of the sale of its wholly-owned subsidiary Coal & Allied Industries Limited (C&A) to Yancoal Australia Ltd. The recommendation follows consideration by the board of a counter proposal from Glencore plc and a proposal from Yancoal comprising improved terms to its previous proposal. Rio Tinto assessed a number of factors in its consideration of both proposals, including price and value; the risk that regulatory approvals will not be granted, or will be significantly delayed; funding certainty; and deal execution timeline.

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Belle Ayr Mine Receives Top Mine Safety Award for Wyoming

Contura Energy Inc. announced that one of its affiliate operations, Contura Coal West's Belle Ayr mine, has received the 2016 Surface Mine Safety Award given jointly by the state of Wyoming Department of Workforce Services and the Wyoming Mining Association. The award was presented in Sheridan, Wyoming, at the Wyoming Mining Association’s convention and safety award luncheon. Located just outside of Gillette, the Belle Ayr mine was awarded first place in the small mine category.

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MSHA Launches Assistance Initiative to Address Increase in Injuries

Data recently compiled between October 2015 and March 2017 by the U.S. Department of Labor’s Mine Safety and Health Administration shows that less experienced miners — both at a mine and at a specific occupation — suffer injuries at a higher rate than more experienced miners. Over this 18-month period, miners with one year or less of experience at a mine suffered 903 injuries, compared to 418 for those who had worked at a mine between one and two years. Miners with one year or less job experience suffered 603 injuries, compared to 409 for those with between one and two years job experience.

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Teck Updates Met Coal Guidance

Teck Resources reported its second-quarter 2017 price for coking coal sold under quarterly contract has been established based on an average of three assessments, which resulted in pricing of approximately $190 per metric ton (mt). The company said this index pricing mechanism will be from effective April 1 and for future quarters.

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