Sales and acquisitions
- Consol Energy Inc. completes the closing of two separate asset sale transactions. The Pittsburgh-based producer of coal receives US$101 million for the sale of assets.
- Atlas Copco, a provider of sustainable productivity solutions, acquires the assets of NJS Technologies Ltd.
- Hargreaves Services specifies it will help Sahaviriya Steel Industries with developing a viable plan to preserve the coke ovens at Redcar Steelworks. However, it rejects claims that it is considering buying the steelworks.
- Tenova enters into final negotiations with SGS to sell its EPCM business operations based in South Africa: Bateman Projects.
- Aspire Mining has provided an update of the exploration program that is currently being undertaken at the Nuurstei coal project.
- British Columbia’s Environmental Assessment Office has issued HD Mining International Ltd an environmental assessment certificate for the Murray River coal project, located 12 km south of Tumbler Ridge.
Job losses and organisation restructuring
- With the closing of Flinders operations nearing, Alinta Energy reiterates it is working closely with employees and the South Australian government to help them through this transition to closing.
- Patriot Coal has issued a supplemental WARN notice to employees in accordance with the terms of the agreements to sell a majority of its asset to Blackhawk and VCLF. The company has also announced that it will start a plan of reorganisation.
- Murray Energy has sued the Obama Administration’s Office of Surface Mining for withholding records regarding the Stream Protection Rule.
- The Mining Association of Canada supports Canada partaking in the Trans-Pacific Partnership and indicates it will help Canada’s mining sector to remain competitive globally.
- The Murray River coal project is the first proposed longwall coal mine in British Columbia. Minister of Energy and Mines, Bill Bennett, has stated that the project could potentially generate billions in economic benefits.
- Solid Energy is considering potentially ending production at its Huntly East mine in Waikato, New Zealand, due to the company seeing the underground coal mine as not profitable and unsalable.
- Westmoreland Coal Co.'s Wyoming Kemmerer coal mining operation increases production, equipment utilisation, operational efficiencies and worker safety through deploying Zebra Technologies' WLAN infrastructure.
CCS and low-emission technology outlooks
- Benjamin Sporton, CEO of the World Coal Association, explains why more investment in low-emission coal technologies is needed.
- Researchers at Chalmers University of Technology have argued that the targets for lower emissions of carbon dioxide from Europe's basic industries are out of reach.
- World leaders should recognise the potential to improve existing power plants and prioritise the measures to help deploy all low-emission technologies at COP21 in Paris.
- Geoscientists and engineers’ open letter to the United Nations Framework Convention on Climate Change emphasises storage of CO2 for carbon capture and storage is secure, safe and important in contributing to climate change mitigation.
- CEO of the World Coal Association provides an outlook on the EIA’s 2015 World Energy Outlook Special Report on Southeast Asia.
Not to be missed …
- Looking back at the history and its current work of the IEA Clean Coal Centre as its celebrates its 40th birthday.
- Coal dust creation is a pervasive hazard of underground mining, harmful to both people and machines. Controlling it is therefore a key priority.
Written by Harleigh Hobbs
Read the article online at: https://www.worldcoal.com/coal/09102015/weekly-coal-new-highlights-5-9-october-2015-2992/