Category: Breaking news

Paringa Resources Ltd. is pleased to advise that Tribeca Global Resources Credit Pty Ltd. has agreed to provide a term loan facility (TLF) of US$56 million for the purpose of refinancing existing debt, expansion development of...

American Resources Corp., a supplier of raw materials with a focus on the extraction, processing, transportation and selling of metallurgical coal to the steel industry, said the second continuous miner was being picked up with...

While the conference name is Longwall USA, it includes of a lot of great technical information for all underground coal operators. As an example, researchers from the National Institute for Occupational Health’s (NIOSH)...

Foresight Energy capitalized on strong export markets and improved domestic spot opportunities to post record steam coal sales of 23.4 million tons in 2018, generating total revenue of $1.1 billion and adjusted EBITDA of more...

On Wednesday, Februay 27, United States Attorney Russell M. Coleman announced a former supervisor and safety official from Armstrong Coal has been charged with conspiracy to defraud an agency of the United States government by...

Navajo Transitional Energy Co. (NTEC) released a report by Washington, D.C., firm Energy Ventures Analysis (EVA) entitled, “Owning Four Corners is a Good Deal for NTEC and the Navajo Nation” that refutes a December 2018 IEEFA...

South Korea’s coal imports hit a new high last year despite government efforts to phase out the use of fine dust-emitting energy sources. The country imported 131.52 million tons of coal last year, breaking the record for the...

Murray Energy Corp. will idle the KenAmerican Resources Inc. Paradise No. 9 mine effective immediately due to market conditions, the company said. All employees affected during this idle period have been notified, and to the...

Germany is expected to import 45 million metric tons (mt) of hard coal this year following the closure of domestic mines, according to data from VDKI. This is a 1.4% rise from 2018 figures, as additional coal is purchased to...

After more than a century, Alabama Power announced it would be closing its Plant Gorgas in Walker County. The company cited costly, federally driven environmental mandates as the reason for the closure. “Government regulations...

On Wednesday, the world’s largest exporter of thermal coal, Glencore announced it would be capping its yearly coal production in the future to combat climate change. Glencore said it will prioritize its capital investment to...

Merida Natural Resources, a privately held company, announced its affiliate, Western Coal Acquisition Partners LLC has submitted a $215 million irrevocable bid to acquire the Kemmerer coal mine, located in Lincoln County,...