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Feds Crack Down on Coal Cleanup Financing
August 12, 2016
Federal regulators are asking states to stop giving coal-mining permits to companies without the financing to guarantee that they can pay to clean up the mines after they are abandoned. The policy advisory from the Interior Department’s Office of Surface
Peabody’s Lenders Approve Five-Year Business Plan
August 12, 2016
Peabody Energy Corp. said on Wednesday its five-year business plan had been approved by its debtor-in-possession lenders, the first step towards emerging from Chapter 11 bankruptcy. Peabody, the biggest U.S. coal miner, filed for bankruptcy protection in April after a
Feds, New Mexico Reach Mine Cleanup Settlement with Chevron Mining
August 12, 2016
The federal government and state officials have reached a settlement with Chevron Mining Inc. that calls for $143 million in cleanup work at a Superfund site in northern New Mexico. The company will conduct a pilot project on 275 acres
Trump to Coal Country: Election is the Last Shot for Miners
August 12, 2016
Donald Trump on Wednesday said miners have one “last shot” in this election, cautioning that the coal industry will be nonexistent if Hillary Clinton wins the presidency this fall. Speaking in Abingdon, Va., in front of miners who held up
Courting Coal Country, Trump Vows to Put Miners Back to Work
August 12, 2016
Donald Trump sat down with coal miners Wednesday and promised to put them back to work, seeking to strengthen his appeal in parts of the country hit hard by the natural gas boom and the shift away from dirtier fossil
OSMRE Issues Policy Advisory Regarding Use of Self-bonding for Coal Mine Reclamation
August 11, 2016
In response to the significant markets shifts facing major coal companies and financial difficulties that may affect their ability to carry out their obligations for reclamation of the lands disturbed by their surface mining operations, the Office of Surface Mining
Skeena Resources to Acquire Mount Rainey Silver
August 11, 2016
Skeena Resources Limited has entered into a definitive agreement to acquire Mount Rainey Silver Inc., a private British Columbia corporation based in Calgary, Alberta. Mount Rainey’s primary asset is a 100 percent owned portfolio of 46 Crown-granted mineral claims covering
Sale of Terex MHPS Business to Konecranes Receives European Commission, U.S. Antitrust Clearances
August 11, 2016
Terex Corporation has received European Commission approval on the proposed transactions for the sale of Terex’s Material Handling & Port Solutions business to Konecranes. The European Commission approval is conditioned on a commitment by Konecranes to divest their Stahl CraneSystems
OSMRE Names Winners of 2016 Abandoned Mine Land Reclamation Awards
August 11, 2016
The Office of Surface Mining Reclamation and Enforcement (OSMRE) has named the winners of the 2016 Abandoned Mine Land Reclamation Awards, which honor the highest quality projects across the nation to reclaim abandoned coal mines. Part of OSMRE’s mission is
LSB Industries Resumes Production at El Dorado Ammonia Plant, Arkansas
August 11, 2016
LSB Industries, Inc. has resumed production at the ammonia plant at its El Dorado, Arkansas facility after having experienced an unplanned outage resulting from severe weather that caused a loss of power on July 14, 2016. The ammonia plant came
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