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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.
Peabody Energy Will Open Largest Surface New Coal Mine in Illinois Basin
Peabody Energy Corp. (BTU) said Tuesday it will open the largest surface mine in the eastern U.S. after signing long-term supply contracts with two Midwest power generators.
Natural Resource Partners Buy Mine Coal Reserves and Infrastructure Assets
In the latest of corporate changes for the former Monterey coal mine near here, it appears a new operation tapping into the mine’s coal reserves is in the works.
Coal Association Investigation Sale of Coal Mine Rights
The Jefferson County Board is investigating selling about 7,000 acres of mineral rights held by the county and throwing in with the Dodds Pendleton Coal Association.
BPI Energy Expands Coalbed Methane (CBM) and Coal Mine Methane (CMM) in Illinois Basin
BPI Energy Holdings, Inc. has entered into a lease agreement with Western Fuels of Illinois, Inc., for the rights to Herrin and Springfield coalbed methane (CBM) and coal mine methane (CMM) gas over an area of approximately 5,600 acres. The newly acquired acreage is contiguous, with 2,320 acres overlapping BPI’s Delta field in Saline County, [...]
Coal Mine Expand Use Problem, Building Coal Power Plant in Illinois
Illinois needs a lot of electricity.
The state also has a lot of coal to burn.
Nevertheless, building a coal power plant in Illinois has proven difficult over the past several years as increasing pollution controls and ballooning construction budgets have hampered several projects across the state.
In Taylorville, a massive project is on hold awaiting hard-to-find support [...]
30,000 acres of undeveloped coal reserves in Perry and Washington counties
Almost 30,000 acres of undeveloped coal reserves in Perry and Washington counties recently changed hands in a $39 million business transaction.
Ark Land Co., a subsidiary of St. Louis-based Arch Coal, purchased the land in northwest Perry and southwest Washington counties at the end of September. The land had previously been owned by the Scott Depot, [...]
Coming project of the utility $15 million finally together
It was long four years being studied, but the first contract of construction for the new municipal system of the water of Paris could be allotted this June.
Paris Rotarians and invited recently listened to last the schedule and report/ratio on the progress report on the project of the utility $15 million which will bring the [...]
Alliance to proceed with new coal mine
Construction of the new River View underground coal mine near Uniontown could begin by this fall, with production starting in mid-2009, coal producer Alliance Resources Partners L.P. said Monday.
Alliance announced plans for the Union County mine in April 2006, saying it could employ as many as 300 people.
