On Feb. 16, the Polish coal mining company Lubelski Węgiel Bogdanka S.A. smashed the world record for daily production from a plow-equipped longwall, with an output of 24,400 tonnes of coal from a single face, Caterpillar Inc. has reported. The company commissioned the first Cat® longwall system at its Bogdanka mine, near Lublin in...
The mining industry is emerging from the current economic storm with a bang, with new coal and mineral development occurring throughout the Centennial State, the Colorado Mining Association reports At the CMA’s 114th National Western Mining Conference & Exhibition — to be held March 19-22 in Denver — industry leaders will highlight the growth in Colorado’s...
Westmoreland Coal Co. said this morning that it has agreed to purchase Chevron Mining Inc.’s Kemmerer mine in the Hams Fork Region of southwestern Wyoming for $179 million plus about $14 million in working capital. The Englewood,Colo.-based miner said it anticipates that the purchase price will be funded through a combination of cash consideration...
Westmoreland Coal Co. has leased over 8,800 acres of private coal, representing an estimated 158 million tons of Rosebud McKay coal resources adjacent to its Absaloka mine in Hardin, Mont., it reported this morning. Westmoreland controlled an estimated 389.9 million tons of proven and probable coal reserves across all of its operations as of...
With the acquisition of Macarthur Coal coming to fruition, Peabody Energy has moved the office of its executive vice president and COO, headed by Eric Ford, to Brisbane, Australia, the world’s largest private-sector coal company reported yesterday. Ford will lead Peabody Energy’s global operations from Brisbane and has been named chairman of the board...
In its drive to acquire major overseas coal assets close to the big export markets, Peabody Energy won an unexpected plum when so many Macarthur Coal Ltd. shareholders offered to sell that Peabody’s partner chose to opt out of the deal, giving it all to the St. Louis firm. Luxembourg-based steelmaker ArcelorMittal SA said...
Peabody Energy today earned the 2011 Director’s Award from the U.S. Department of the Interior for outstanding achievement in land and habitat restoration at the company’s former Big Sky mine in Colstrip, Mont. Interior’s highest honor, the Director’s Award is presented each year to one coal producer for demonstrating the best environmental practices in the...
Came across this graph recently in a presentation by Gillette-based Cloud Peak Energy Inc., which bills itself as the only pure-play Powder River Basin coal miner. It shows just how far coal from the PRB of eastern Wyoming and Montana is being used — as far as western New York and Georgia. That doesn’t even...
Arch Coal Inc. has agreed to purchase Rio Tinto‘s Jacobs Ranch mine in the Powder River Basin of Wyoming for $761 million, it said today. In 2008, Jacobs Ranch produced 42.1 million tons of high-quality sub-bituminous coal for sale to power generators located throughout the United States. The deal gives Arch 381 million tons...
