Phoenix Coal Inc., a leading producer and consolidator of thermal coal reserves in the Illinois Basin, announced the Company has received a permit granted by the United States Army Corps of Engineers under Section 404 of the Clean Water Act. With the 404 Permit, the Company has now secured all of the necessary permits to begin mining on the Radio Hill section of the Briar Hill surface mine (“Radio...
The Fort Hills Energy L. P. announced that it will defer the final investment decision on the mining portion of the Project until a cost estimate consistent with the current market environment can be established. The Partnership now anticipates making a final investment decision in 2009. The Sturgeon Upgrader portion of the Project will be put on hold and a decision on whether to proceed with the Upgrader...
Patriot Coal Corporation announced that it intends to idle its Jupiter mining complex by the end of 2008. The Jupiter complex produced 1.5 million tons of thermal coal in 2007. The complex currently consists of one underground mine, and previously included the Thunderhill surface mine, which was closed as a result of an October 2007 court injunction that blocked the use of a lawfully issued mining...
The Fort Hills Energy Limited Partnership said today that the preliminary results from the Front-End Engineering and Design (FEED) work suggest that estimated costs for its Fort Hills Project (Project) have risen considerably. The Project, as currently conceived, consists of an integrated oil sands mine and bitumen extraction plant 90 kilometres north of Fort McMurray, Alberta and an upgrader in Sturgeon...
March 26, 2008) – Red Hill Energy reported today that further to the December 21, 2007 news release, a National Instrument 43-101 report and assay results have been received by the company on its very significant Chandgana Khavtgai coal project. All three of Red Hill Energy’s coal resources are now National Instrument 43-101 compliant as to tonnage and quality. The National Instrument 43-101...
A proposal to ban most mountaintop removal mining and to toughen other environmental standards for the coal industry in Tennessee is running into stiff opposition from state coal producers. National Coal Corp. President Dan Roling told the state Senate Environment and Conservation Committee last week that passing the measure would have dire effects on the industry in the state. ”Prohibiting mining...
Environmental groups across Appalachia spoke out at public hearings in four states on a Bush administration-backed proposal to relax restrictions preventing mining activity near waterways. The groups oppose exempting valley fills , in which rubble from mountaintop removal mining is dumped in nearby valleys , from the 20-year-old rule restricting mining activity near streams. “Enough is enough!”...
Senate Majority Leader Harry Reid of Nevada, a gold miner’s son from the top gold-producing state in the nation, is confronting competing political interests as House Democrats prepare to rewrite an antiquated hard-rock mining law. The minerals mining industry holds huge sway in Nevada and industry is balking at some of the most far-reaching reforms. Reid must work with environmentalists and...
Chesapeake Energy Corp. is dropping its support for a series of controversial ”Coal is Filthy” advertisements in Texas. Tom Price, a Chesapeake Energy vice president, said today, ”The reason that we’re dropping the support is, it (the advertising campaign) was intended to further the discussion about our nation’s energy supply and whether clean coal at this stage is...
ANSTED ”” A few years ago, residents watched as racers slid down a steep road in this Fayette County town in a fast-moving street luge event. However, a plan to use that same road as a coal truck route from a new mine has some residents worried, particularly because of the tiny Head Start school that sits at the bottom of the hill. Coal operator Jack Williams wants to strip mine more than 100...