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Rio Tinto Consider Offering U.S Coal-Mine Unit
Rio Tinto Group, the world’s third- largest mining company, is considering an initial public offering for its U.S. coal unit after failing to find a buyer for the business, said a person familiar with the situation.
Rio was close to a deal with Alpha Natural Resources Inc., said two people who declined to be identified because [...]
Coal Mine Producer, Arch Coal Inc. Release Fourth Quarter 2008 Earning Profit
Arch Coal Inc., one of the world’s biggest coal producers, reports earnings for the fourth quarter and full-year 2008 before the market opens Friday. The following is a summary of key developments and analyst opinion related to the period.
Wyoming Coal Mine Indsutry Dial Production In To Changing Market
Perhaps more significant than the Wyoming coal industry’s record production year in 2008 is the demonstration that recent rail and mine upgrades allow the industry to easily dial production up or down to meet market conditions without significantly affecting jobs.
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.
TVA May Bring Added Regulation Coal-fired Power Plant Investment
The deluge of ash from a coal-fired power plant that buried 300 acres of eastern Tennessee is sparking new state and federal scrutiny of the Tennessee Valley Authority, the largest U.S. public power company.
American Coal Mining Plans Invest to Build Coal-Boosting Plant
White Energy Coal North America announced plans Monday to build a processing plant that will boost the heat value of coal mined by the Buckskin Mining Co. in northeastern Wyoming.
White Energy Coal North America Sign Agreement Buckskin Mining to Develop Clean Coal Facility in Powder River Basin
White Energy Coal North America, Inc., a subsidiary of White Energy Company Limited, today announced that it has entered into an agreement with Buckskin Mining Company
Usibelli’s Estimate Coal Mine Resource in Alaska’s
Steve Denton, Usibelli’s vice president for business development, believes his company could supply coal to a new mine-mouth coal-fired power plant, such as one proposed by Usibelli at Emma Creek, for $1.50 to $2 per million British Thermal Units, which could be one-third to half the cost that gas brought to Interior Alaska from the [...]
Coal use grows despite warming worries
Almost nonstop, gargantuan 145-ton trucks rumble through China’s biggest open-pit coal mine, sending up clouds of soot as they dump their loads into mechanized sorters.
The black treasure has transformed this once-isolated crossroads nestled in the sand-sculpted ravines of Inner Mongolia into a bleak boomtown of nearly 300,000 people. Day and night, long and dusty trains [...]
