It was announced this past week that a coal mine - the 4 West Mine - in southwestern Pennsylvania will close. It's another blow to the coal industry, which President Trump has promised to revive. Mepco, the company that owns 4 West, said it would be shutting down the Greene County mine because it had
SYDNEY - Glencore has agreed to sell one of two Australian coal mines it put up for sale last year to British industrialist Sanjeev Gupta's GFG Alliance for an undisclosed sum, the two companies said separately on Tuesday. The acquisition follows Gupta's purchase last year of the financially troubled
Nasdaq reported that China said it plans to create several "super-large" coal mining companies by the end of 2020 as one of the world's top
(AP) - Coal companies in the United States boosted production of the fuel in 2017 to reverse a two-year decline. The U.S. Energy Information Administration said Thursday that companies mined 771 million tons of coal through Dec. 30, a 6 percent increase versus 2016. Wyoming, the largest coal state, saw
Steel-making, which uses iron ore and coking coal, accounts for an estimated seven percent of industrial direct CO2 emissions, industry figures show. For the mining sector, the minerals offer an established way of making money when ultra-low official interest rates mean relatively cheap funding is available
Coal mining deaths in the U.S. nearly doubled last year, after a record low in 2016, according to data from the Mine Safety and Health Administration. There were 15 people killed in coal mining jobs in 2017 versus eight in 2016. Despite the increase, mining deaths have been steadily declining for several
While the biggest deal was in Brazil, China was a top player despite planning to reduce domestic coal and steel-making to tackle smog in its cities. Elsewhere, miners haunted by the overpriced mega-purchases they made before the commodities crash of 2015 hesitated on deals involving the metals
(AP) - Coal companies in the United States boosted production of the fuel in 2017 to reverse a two-year decline. The U.S. Energy Information Administration said Thursday that companies mined 771 million tons of coal through Dec. 30, a 6 percent increase versus 2016. Wyoming, the largest coal state,
If President Donald Trump is serious about bringing coal back, he has his work cut out for him. The President's first year in office was marked by a slew of coal power plant closings, and his second year is already off to a bad start. Mepco, Inc. announced that it will close a Pennsylvania mine, eliminating 370
There is renewed optimism in the small resource community of Grande Cache after a foreign company agreed to buy the steelmaking coal mine that has been shuttered for two years and helped drain the town's population. Hundreds of jobs were wiped out in the community northwest of Edmonton after
BEIJING (Reuters) - China said on Friday it plans to create several "super-large" coal mining companies by the end of 2020 as one of the world's top producers of the fuel ramps up years of efforts to streamline the sector and slash outdated capacity. FILE PHOTO: A Chinese miner works at a coal mine in the
BEIJING, Jan 5 (Reuters) - China said on Friday it plans to create several "super-large" coal mining companies by the end of 2020 as one of the world's top producers of the fuel ramps up years of efforts to streamline the sector and slash outdated capacity. The country's National Development & Reform
Coal mining saw 2017 boost but long-term outlook still shaky. Associated Press
If members of your family worked in any of the coal mines once operated by Henry Clay Frick, members of a project that is documenting coal and coke heritage needs your help with identifying people and places in historic photographs. The researchers also want to hear your stories. The research is the last
GVK has two Queensland projects, the $10 billion Alpha mine and rail line and the $6 billion Kevin's Corner mine, and the renewed interest follows a major spike in coal demand, which has pushed thermal coal spot prices above $US100 a tonne. The two mines at full production will produce around 60
Coal mining company Lighthouse Resources sued Washington state in federal court Wednesday for denying a permit to build an export terminal to ship western coal to Asia. Lighthouse, filing suit in U.S. District Court in Tacoma, argues Washington Gov. Jay Inslee, a Democrat, and the state's Department of
Glencore sells Australian coal mine to Gupta's GFG Alliance. REUTERS|. Updated: Jan 02, 2018, 01.44 PM IST. 0Comments. coal- The transaction is expected to be completed in the first quarter of 2018 pending foreign investment approval in Australia, a Glencore spokesman said. SYDNEY: Glencore has agreed to sell one
CHARLESTON, W.Va. - Coal mining deaths surged in the U.S. 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. Kentucky had two deaths, and there were one each in Alabama, Colorado, Montana, Pennsylvania and
The federal government also collects royalties on every ton of coal mined on federal lands. About half of the royalty revenues are forwarded to the state of Montana. That money goes into the state's general fund, with 25 percent going to a minimal impact account dedicated to local governments. In fiscal year
GFG Alliance has bought Glencore's Tahmoor coking coal mine in Australia in a move aimed at securing the future of Arrium, the troubled steel and mining company it acquired last year. Sanjeev Gupta, the Liberty House metals tycoon whose family owns GFG, said the deal represented a step forward in its