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National Coal Corp. Reported Finance and Coal Mine Exploration and Production 4Q Year End 2008 Result
National Coal Corp., a Central and Southern Appalachian coal producer, reports that for the year ended December 31, 2008, it achieved total revenues of $132.6 million based primarily on the sale of 2.0 million tons of coal.
Thermal Coal Reserves Producer, Phoenix Coal Inc. Announces Financial Result 2008 year
Phoenix Coal Inc a leading producer and consolidator of thermal coal reserves in the Illinois Basin announced its financial results for the fourth quarter and year ended December 31st 2008. Unless otherwise noted, all reserves and resources are expressed in imperial tons, and all financial information is expressed in U.S. dollars.
U.S Mining Exploration and Production Regulation, State Reduce Taxes in Coal Reserve
Hundreds of West Virginia property owners with no intention of mining the coal underneath their feet can breathe temporary sighs of relief.
Fortune Mining Company Sign Agreement With TCC Coal Mine Project
Fortune Minerals Limited and the Tahltan Central Council (”TCC”) on behalf of the Tahltan Nation have entered into an agreement that commits the parties to the principles of cooperation and mutual respect.
Coal Mine Producer, Peabody Reported Fourth Quarter Earning 2008
Before market opens on Tuesday, one of the world biggest coal producer, announce reported earning for the fourth quarter and full-year 2008.
Coal Mine Exploration Reports, National Coal posts 3Q loss despite increased sales
Knoxville-based National Coal Corp. reported third quarter revenues that were up 61 percent compared to third quarter last year, but a net loss of $7.9 million compared to $7.1 million in third quarter 2007.
Coal Mine Production Lower Expectations, Massey Energy Report
Despite the slowing economy, coal producer Massey Energy Co. remains committed to an ambitious expansion plan that added 15 new mines over the past year, company officials said Friday.
The Richmond, Va.-based company also expanded seven existing mines, hired almost 900 miners and bought a fleet of surface mining equipment over the past 12 months as [...]
U.S. Coal Mine Exploration and Production 2008 Reports Increase 1,2 Percent
U.S. Department of Energy’sEnergy Information Administration revealed that total U.S. coal production was 22.74 million short tons in the week ended September 27.
Production so far in 2008 is 1.2 percent higher than at the same point in 2007.
This compared to 22.56 million short tons in the previous week. In the comparable week last year, the [...]
New Giant Coal Mine Exploration Company After Merger Cleveland-Cliffs Inc.-Alpha Natural Resources
There’s a new coal mining giant in Appalachia.
Cleveland-Cliffs Inc., the largest producer of iron ore pellets in North America and a major supplier of metallurgical coal, announced it is buying coal producer Alpha Natural Resources in a deal valued at $10 billion.
Cleveland-Cliffs is headquartered in Cleveland, Ohio. The company operates six iron ore mines in [...]
