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Rio Tinto to Invest $1.5 Billion to Expand Kennecott Operations, Utah
December 9, 2019
An attractive copper market fueled by the metal’s use in electric vehicles and renewable power technologies is stoking a $1.5 billion investment by Rio Tinto to expand mining operations at Kennecott over the next six years, extending the life of
Murray Energy Submits Plan to Sell Off Assets
December 9, 2019
Murray Energy’s recent restructuring proposal includes plans to sell off substantially all of its assets and wind down the estate, though a new Murray entity would be able to act as a stalking horse bidder for the assets. The largest
Two Injured in Rock Fall Accident at Rogers Group’s Limestone Mine, Ohio
December 9, 2019
The two workers injured in a Clermont County mining incident Wednesday are going to be OK, a Rogers Group Inc. representative said Thursday afternoon. The men, whose names have not been released, were trapped underground after a large piece of
Judge Sides With Ramaco Over Permit Rejection for Brook Coal Mine, Wyoming
December 9, 2019
A Wyoming environmental review panel lacked authority to reject a permit for a proposed coal mine, a judge has ruled. Under federal law, only the director of the Department of Environmental Quality can decide whether to issue a permit for
Navajo Coal Company NTEC Looks to a Future Without Tribal Guarantee
December 9, 2019
A judge approved a bankruptcy reorganization for one of the biggest U.S. coal companies Thursday amid ongoing uncertainty about how its mines will be bonded in the long term. Gillette-based Cloud Peak filed for bankruptcy in May. In 2018, the
Colstrip Power Plant Signs New Coal Supply Agreement Rosebud Mine, Montana
December 9, 2019
The owners of the Colstrip power plant have reached a new coal supply agreement with the owners of a nearby mine, which recently emerged from bankruptcy. NorthWestern Energy, one of six owners of the plant’s 3 & 4 units, announced
U.S. Coal Plant Retirements Linked to Plants with Higher Operating Costs
December 9, 2019
Since peaking at nearly 318 gigawatts (GW) in 2011, U.S. coal-fired electric generating capacity declined to 257 GW in 2017 after several coal power plants retired. The U.S. Energy Information Administration (EIA) undertook a study with Sargent & Lundy to
Late Changes to Senate Tax-Cut Bill ‘Wipes Out’ What Trump has Done for Coal
December 9, 2019
The CEO of one of the nation’s largest coal companies ripped the Senate tax-reform bill, saying late changes to the bill would “wipe out” coal mining jobs. Robert Murray, founder and CEO of Murray Energy, said Tuesday that the tax
Cartwright Bill to Reauthorize Abandoned Mine Land Trust Fund
December 5, 2019
A pool of cash collected to right the coal industry’s historic wrongs could start running dry in 2021 unless Congress reauthorizes the Abandoned Mine Land Trust Fund. U.S. Rep. Matt Cartwright, D-8, Moosic, is pushing his bill to extend the
American Resources Strikes Acquisitions to Bolster Its Metallurgical Coal Footprint
December 5, 2019
American Resources Corporation has spent the past four years consolidating assets to build out its metallurgical carbon platform. It is staffed by a team of reformed private equity executives and consultants with a sentimental attachment to Appalachia and its coal
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