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Caterpillar: What We’ve Built. Where We’re Headed. What We’re Solving
March 14, 2016
Caterpillar Inc. has published its annual year in review and sustainability report, detailing the progress made in 2015 despite challenging economic conditions. Recognizing Caterpillar’s 90-year history as a global leader of sustainable progress, the tandem reports — titled “What We’ve
Rosebud Mining Awarded $13 Million Contract to Reclaim Former Ehrenfeld Coal Mine, Pa.
March 11, 2016
A state contract to clean up an abandoned mine and refuse pile near Johnstown will allow Rosebud Mining Co. to recall more of the workers it furloughed this year as demand for coal fell. Kittanning-based Rosebud was awarded a $13.5
Dominion Virginia Power and James River Association Settle on Coal Ash Wastewater
March 11, 2016
More stringent water treatment and fish testing will be required along the James River under a settlement reached by Dominion Virginia Power and the James River Association on the release of coal ash wastewater. The announcement Wednesday ends the association’s
Alpha Natural Resources Seeking Nearly $28M to Recover Trial Costs from Don Blankenship
March 11, 2016
Alpha Natural Resources is seeking more than $27.7 million in restitution from Don Blankenship, who previously served as CEO of Massey Energy before Alpha bought the company. Blankenship was convicted of conspiring to willfully violate mine health and safety standards,
Coal Power Plant Retirements Surge Amid Changing Energy Industry
March 11, 2016
U.S. utilities retired power plants that generated nearly 18 gigawatts of electricity last year, with coal-fired plants taking more than 80 percent of the hit, according to an update from the Energy Information Administration on Tuesday. The loss in coal
Arch Coal Suspends Permitting Efforts for Otter Creek Reserves, Montana
March 10, 2016
Arch Coal, Inc. today said that it is suspending efforts to secure a mining permit for the Otter Creek coal reserves near Ashland in southeastern Montana, due to capital constraints, near-term weakness in coal markets and an extended and uncertain
Alpha Natural Resources Files Plan of Reorganization
March 10, 2016
Alpha Natural Resources, Inc. has filed a proposed Chapter 11 plan of reorganization and a related disclosure statement with the United States Bankruptcy Court for the Eastern District of Virginia. Together with the recently-filed motion seeking approval of a marketing
Engineering Group DRA to Acquire Met-Chem Canada
March 10, 2016
Engineering Group DRA International has agreed to acquire Met-Chem Canada Inc. from UEC Technologies LLC, which is part of United States Steel Corporation. Met-Chem is a consulting engineering company, headquartered in Montréal, Québec, which provides services including resource estimation, mine
Fitch: Met Coal Price Recovery Unlikely Over Near Term
March 10, 2016
Metallurgical (met) coal prices will likely remain weak over the near term, increasing only gradually in the coming years as market oversupply recedes, according to Fitch Ratings. Met coal prices have continued to fall in early 2016 with benchmark hard
Prospectors & Developers Association of Canada’s PADC Convention Exceeds 22,000 Attendees
March 10, 2016
Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst the industry’s key players. A clear sense of industry confidence
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