Coal Stocks News

Polish miner dies in Czech coal mine

January 30, 2018 / Coal mining news

Karvina, North Moravia, Jan 29 (CTK) - A Polish miner died in an accident during the transport of the employees in a coal mine on Monday, Ivo Celechovsky, spokesman for the OKD mining company, has told journalists. When it was found out that he did not arrive along with a group of miners to the

Coal mining deaths surge in 2017 after hitting record low the year prior

Jan. 2, 2018 / Coal mining news

Coal mining deaths surged in the US in 2017, one year after they hit a record low. The nation's coal mines recorded 15 deaths last year, including eight in West Virginia. That is nearly double the death toll in 2016, when eight people died in coal mining incidents. West Virginia has led the nation in coal

Is It Time To Buy Yanzhou Coal Mining Company Limited (HKG ...

January 29, 2018 / Coal mining news

Yanzhou Coal Mining Company Limited (SEHK:1171) is currently trading at a trailing P/E of 9.2x, which is lower than the industry average of 11.5x. Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change

Cape Breton coal miners chorus seeking new voices

January 27, 2018 / Coal mining news

After half a century of song, the 'Men of the Deeps' musical group says it's committed to discovering new members, but finding it challenging. The iconic singing coal miners are based in New Waterford, N.S. The singers are currently searching for four new members, but say the choristers require at least two

Trump Says He 'Saved Coal,' But Miner Deaths Nearly Doubled In ...

January 27, 2018 / Coal mining news

Coal miner Rodney Osborne was towards the end of a double shift at the Gateway Eagle Mine in West Virginia in June when the 32-year-old was crushed to death by a rotating drill. A subsequent investigation revealed that Osborne, who had been working at the Boone County mine for just five months, had

Alcoa seeks to move coal mining expansion forward

January 28, 2018 / Coal mining news

NEWBURGH, Ind - Alcoa is asking a judge to prevent the City of Boonville from enforcing a recently passed ordinance that restricts mining activities. The Boonville ordinance bans mining for coal, gas, oil or other minerals within Boonville or areas within three miles of the city. It further forbids "blasting or

​Teck says Elkview coal mine dryer out for up to six weeks after ...

Jan. 25, 2018 / Coal mining news

TO) says it will take four to six weeks to repair damage at its coal drying complex at its Elkview mine in B.C. following a "significant pressure event" earlier this month. The incident was described by a union executive as an explosion that workers said resulted in a "fireball" shooting through vents in the sides

Small-cap focus: UK coal miners move in new directions

January 26, 2018 / Coal mining news

In 2017 Britain generated more electricity from renewable and nuclear energy than from gas and coal for the first time. Fossil fuels are in decline and coal's share of the electricity mix has dropped to less than 7 per cent, according to recent estimates from Carbon Brief, a website that monitors climate change

More than 30 years after it was diverted to a mine's boundaries, the ...

January 27, 2018 / Coal mining news

The Goulburn River Diversion - its name since 1981 when one of Australia's richest men, mining magnate Brian Flannery, was Ulan's project manager - is a long way from most places, but it is also a rallying cry for environment and community groups concerned about the legacy of Hunter coal mining on

No one will fund the only technology that can save the US coal ...

January 25, 2018 / Coal mining news

Moody's Investor Service predicts that the US coal industry will continue a "sharp decline." That is, unless carbon capture and storage (CCS) is deployed. The technology involves capturing carbon emissions from power plants (and other producers), and then burying the emissions underground. Through

​Teck says Elkview coal mine dryer out for up to six weeks after ...

January 25, 2018 / Coal mining news

TO) says it will take four to six weeks to repair damage at its coal drying complex at its Elkview mine in B.C. following a "significant pressure event" earlier this month. The incident was described by a union executive as an explosion that workers said resulted in a "fireball" shooting through vents in the sides

Coal mine fix to cost $10M

January 25, 2018 / Coal mining news

Teck Resources Ltd. says it will take four to six weeks to repair damage at its coal drying complex at its Elkview mine in B.C. following a "significant pressure event" earlier this month. The incident was described by a union executive as an explosion that workers said resulted in a "fireball" shooting through

Explosion knocks out drying complex at Teck coal mine, raising ...

Jan. 22, 2018 / Coal mining news

VANCOUVER - The union at a Teck Resources Ltd. coal mine near Sparwood, B.C., says it's concerned about worker safety following an explosion that knocked out the mine's coal drying complex last week. Alex Hanson, president of United Steelworkers Local 9346, says someone could have been killed

President Donald Trump said coal miners in Southwestern ...

Jan. 24, 2018 / Coal mining news

When then-presidential candidate Donald Trump visited the Pittsburgh area during his campaign, he consistently promised that the coal industry would be making a rebound. "Coal - clean coal, clean coal - we're bringing it back," Trump said at an April 2016 rally at the David L. Lawrence Convention

Coal's Decline Seems Impervious to Trump's Promises

January 24, 2018 / Coal mining news

The fateful turn of events in Appalachian mining towns like Bobtown, isolated between craggy bluffs and wooded hills 70 miles south of Pittsburgh, illustrate the seemingly relentless downturn of the coal industry. While President Trump has offered some regulatory relief to the industry, market forces still

Locked-out Glencore coal miners vow to continue 6-month picket line

January 25, 2018 / Coal mining news

Mine workers affected by what's believed to be the longest lockout in Australian industrial relations history say they're willing to spend another six months on the picket line. Almost 200 miners who have not worked at the Oaky North coal mine in central Queensland for six months have vowed to keep voting

Teck trades lower following mine explosion

Jan. 22, 2018 / Coal mining news

Shares in Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) dropped on Monday by 1.08% as reactions poured in following an explosion at its Elkview coal mine, located near Sparwood, British Columbia. What the company dubbed as "a significant pressure event at the dryer" took place Wednesday

Across China: Brass band brings fame and fortune to former coal ...

January 23, 2018 / Coal mining news

NANJING, Jan. 23 (Xinhua) -- Meng Hui began learning to play the trumpet at age 21, not for fun, but to earn money, after he lost his job at a coal mine in Mazhuang Village, east China's Jiangsu Province. Some 15 years ago, the village brass band offered him a job with a stable salary. He has continued to

Coal power is dirty – but abandoned mines could help create a ...

January 24, 2018 / Coal mining news

Around the world, coal mining contributed historically to the industrial revolution and played an important part in the development of modern society. But many mines have since been closed in the UK and Europe. In the UK, this led to hard financial times and unemployment in many communities, including

Explosion knocks out drying complex at Teck coal mine, raises ...

January 23, 2018 / Coal mining news

VANCOUVER - The union at a Teck Resources Ltd. coal mine near Sparwood, BC, says it's concerned about worker safety following an explosion that knocked out the mine's coal drying complex last week. Alex Hanson, president of United Steelworkers Local 9346, says someone could have been killed

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