Coal - 09 July 2015

Weakness in demand and competition from natural gas remain the story in the US coal industry with prices continuing their downward spiral.

Edenville Energy has met with Chinese contractors, SEPCO2, in Tanzania to discuss the development of the Rukwa coal-to-power project.

Electricity generated from natural gas surpassed that generated from coal for the first time in US history in April.

Following the potential sales of three operating affiliates, Alpha Natural Resources has issued WARN notices to certain mining operations and their employees.

Weir Minerals will acquire Delta Industrial Valves for US$47 million, expanding the division’s presence in the mining market through increasing its portfolio of valve products.

Peabody Energy has entered into an agreement with Sekitan Resources to sell its Wilkie Creek mine and associated assets in Queenland’s Surat Basin.