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Sandvik Completes Mining Systems Divestment

December 8, 2017

Sandvik has in line with previous communication now completed the divestments of Mining Systems. The Mining Systems conveyor components business, including the closely related specialist conveyor systems business in Hollola (Finland), has been divested to NEPEAN. “We are delighted about

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Poll: Majority of Americans Support Gov’t Action to Safeguard Energy Supplied By Coal and Nuclear

December 8, 2017

As the Federal Energy Regulatory Commission (FERC) closed its comment period on a proposal from the Department of Energy (DOE) that FERC take swift action to address threats to baseload power provided by coal and nuclear, 51 percent of Americans

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Peabody Honors Global Leadership in Clean Coal Technologies

December 8, 2017

Peabody recognized innovation in clean coal technologies among leading examples of coal-fueled generating plants from the United States, China, Japan and India with their Fourth Annual Peabody Global Clean Coal Leadership Awards. Presented at Power-Gen International 2017 in Las Vegas,

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BLM Schedules Public Meeting for GSC’s Proposed Gypsum Mine, California

December 8, 2017

The Bureau of Land Management has scheduled a public meeting for the proposed expansion and modernization of the U.S. Gypsum Company gypsum mine in Imperial County, California. The meeting will take place from 6 p.m. to 8 p.m., Wednesday, Dec.

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Murray Energy: GOP Tax Policy Will Cost Company $60 Million a Year

December 7, 2017

The Senate’s tax overhaul bill is a “huge tax increase” on certain businesses, said Robert Murray, chairman and CEO of coal giant Murray Energy. Murray, who has been a big supporter of President Donald Trump, told CNBC he’s specifically upset

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ERP Compliant Fuels Idles Federal No. 2 Coal Mine, 260 Layoffs, W. Va.

December 7, 2017

A union official says a coal mine in northern West Virginia has been idled, with 260 workers losing their jobs, apparently because of adverse geological conditions and market issues. Phil Smith, spokesman for the United Mine Workers of America, says

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Federal Court Upholds Decision to Block Taseko’s Prosperity Mine in B.C., Canada

December 7, 2017

A Federal Court judge has ruled against a contentious mine proposal in central British Columbia, upholding Ottawa’s decision to reject the project over concerns it would adversely affect the environment. A pair of decisions, released this week, mark the latest

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Energy Companies Lobby Congress to Pass Coal Tax Credit

December 7, 2017

Two of the country’s largest and most financially indebted energy companies are lobbying Congress to enact a massive, decade-long, tax credit for struggling coal producers, according to a report Monday from Axios. Arch Coal and Peabody Energy, both of whom

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Senator Manchin Hears About Impact of Senate Tax Reform Bill Affecting the Coal Industry

December 7, 2017

U.S. Senator Joe Manchin says the coal industry could take a hard hit if some provisions in the Senate tax reform bill passed last week stay in place. During an appearance Tuesday on MetroNews “Talkline,” Manchin said the bill keeps

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Wolfden Resources Unveils Plan for Mining Exploration at Pickett Mountain, Maine

December 7, 2017

A Canadian mineral exploration company unveiled its initial plans Tuesday evening for analyzing a 6,871 acre parcel of land just north of Patten in the hopes of one day establishing a mine in the area. “In our opinion, we think

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