UK Coal

8 news results for the tag: UK Coal.

UK Coal poised to reject approach from Austrian investor Meinl

December 24th, 2007

UK Coal, Britain’s biggest coal supplier, is understood to be planning to dismiss an informal approach from Meinl, an Austrian investor, to buy the company’s coal and power generation units.
UK Coal received a letter last week from the board of Meinl saying it was interested in purchasing the company’s operations, excluding its property interests, and [...]

Former coal mine to test Tube trains

April 15th, 2007

A former coal mine site is to be used to test new air-conditioned Tube trains for London Underground.
State of the art rolling stock will be commissioned at a 14-mile long rail test track at the former Asfordby Mine at Melton Mowbray, Leicestershire.
Rail property management company BRBR has taken a 20-year lease on the site and [...]

UK Coal’s Daw Mill suffers new fatality

January 22nd, 2007

Coal miner UK Coal will have production restricted at its Daw Mill mine for about four weeks following a fatal accident last week caused by a fall of ground.
In a statement, UK Coal said that the Health and Safety Executive has issued an order which calls for a systematic review of ground control requirements in [...]

Safety fears raised at coal mine

January 18th, 2007

A section of mine where a worker died when a tunnel wall collapsed on him was being repaired because of safety fears.
Anthony Carrigan, 42, from Thorne near Doncaster in South Yorkshire, died when he was trapped under coal at Daw Mill Colliery in Arley, north Warwickshire.
He is the third worker to die at the mine [...]

UK Coal expects annual loss on output snags

October 14th, 2006

The country’s biggest coal producer, UK Coal , said on Friday it expected a loss for the full year due to a shortfall in output, but that an improvement could be expected within 15 months.
The firm said in a trading statement that production from its deep mines unit would be between 3.9 million tonnes and [...]

UK: Government urged to act on underpriced coal for generators

October 14th, 2006

The government is under increasing pressure to help broker a deal between Britain’s coal producers and electricity generators over long-term purchase contracts that value the fuel at below market rates.
Yesterday UK Coal, Britain’s biggest producer, warned that it would make a loss for the year because of disruption at four of its five deep mines [...]

Peel plays down UK Coal bid talk

August 22nd, 2006

Peel Land and Property Investments Ltd today responded to press speculation regarding its holding in UK Coal by claiming it has no intention of making an offer for the coal producer at this time.
Peel, which said its stake is for investment purposes, has watched shares in Britain’s biggest producer of coal jump around 36% since [...]

Hargreaves looks to coal for growth

June 30th, 2006

KING coal is making a comeback as dwindling oil and gas supplies make investors nervous.
The Royal Bank of Scotland has provided working capital to support Hargreaves Services in its new joint venture with UK Coal – Coal 4 Energy.
Coal 4 Energy will allow both companies to provide the domestic and light commercial sector with coal [...]


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