Archive for the ‘Coal Mining’ Category

Michael R. D’Appolonia Appointed to Westmoreland Board of Directors

Westmoreland Coal Company announced it has increased the size of the Company’s Board of Directors from five to six and appointed Michael R. D’Appolonia to its Board by unanimous consent effective today.
Mr. D’Appolonia is currently Director, President and Chief Executive Officer of Kinetics Systems, Inc., an international specialty mechanical contracting company with over 2,000 employees [...]

Wednesday, July 23rd, 2008

Waratah Coal Confirms Worley Parsons Appointment to Galilee Basin Coal Project

Waratah Coal announced that it has engaged energy and resources engineering company Worley Parsons as lead consultant and project manager for its proposed A$5.3B mine, rail and port development in Central Queensland, Australia. Waratah Coal President and CEO Peter Lynch said “we are glad to have secured the services of such a highly regarded and [...]

Monday, July 21st, 2008

Quest Initiates Infrastructure Upgrades for More Coal Production At Pond Creek

Quest Minerals & Mining Corp., a Kentucky based operator of energy and mineral related properties, announced today that it has purchased the necessary materials to replace and upgrade their existing 36“ beltline to a larger 42” beltline.
Everett Hampton, President of Whitestar Mining, LLC. commented, “The larger conveyer system is a key improvement as it will [...]

Monday, July 21st, 2008

Patriot Coal to Announce Results for the Quarter Ended June 30, 2008

On Tuesday, July 29, 2008, Patriot Coal Corporation will announce results for the quarter ended June 30, 2008. A conference call with management is scheduled for 9:00 a.m. Central Daylight Time on Tuesday, July 29.
Participants may access the call using the following phone numbers:
U.S. & Canada (800) [...]

Monday, July 21st, 2008

Canasia Receives Comfort Letters for All of Its Coal Permit Applications

Canasia Industries Corporation wishes to announce that it has received a comfort letter from the Saskatchewan Ministry of Energy and Resources covering 100% of the coal permit applications applied for (announced on June 9, 2008). This letter indicates that Canasia is “first in line” on all of its applications.
The “Comfort Letter” confirms that Canasia is [...]

Monday, July 21st, 2008

ArcelorMittal Announces Acquisition of Concept Group

ArcelorMittal, the world’s largest integrated metals and mining company, today announces that it has signed an agreement to acquire the Concept Group (“Concept”).
Concept, located in southern West Virginia and adjacent to the recently acquired Mid Vol Coal Group in the Central Appalachian Coal Basin, produced 0.8 million tons of metallurgical coking coal in 2007 and [...]

Monday, July 21st, 2008

Homeland Energy Group’s Kendal Mine Produces First Coal

Homeland Energy Group Ltd. is pleased to announce first coal production from its Kendal Mine in the Witbank area of South Africa, approximately 50km east of Johannesburg. To date, approximately 8,000 tonnes of coal has been mined from the first of three open pit areas. Processing of the coal through the Company’s Parnaby wash plant [...]

Wednesday, July 16th, 2008

Cleveland-Cliffs and Alpha Natural Resources to Merge, Creating Cliffs Natural Resources, a Leading Diversified Mining and Natural Resources Company

Cleveland-Cliffs Inc and Alpha Natural Resources, Inc. announced that each company’s Board of Directors has approved a definitive merger agreement under which Cleveland-Cliffs will acquire all outstanding shares of Alpha in a cash and stock transaction valued at approximately $10 billion.
Under the terms of the agreement, for each share of Alpha common stock, Alpha [...]

Wednesday, July 16th, 2008

Profit up of 19 persent by CSX on demand for coal

It is reported that as the trend continues its efforts to strengthen its operations and management team in such a hard way, freight railroad operator CSX Corp. said Tuesday its second-quarter earnings rose 19 percent on strong demand for coal, grain and metals. Besides, the company emphasizes its Full-year earnings prediction with a target of [...]

Wednesday, July 16th, 2008

Cloudbreak Resources Makes Submissions in Saskatchewan for an Additional 102,000 Acres

CLOUDBREAK RESOURCES LTD. President Blair Naughty is pleased to report Cloudbreak Resources Ltd. has applied for a 100% interest in a further 108 Coal Dispositions located on the east side of the Pasquia Hills of East-Central Saskatchewan. This acquisition is in addition to the 246 Dispositions already pending in the system. These Coal Dispositions are [...]

Tuesday, July 15th, 2008