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Coal

US Senators push for reforms to the federal coal program

In a letter to Secretary of the Interior Sally Jewell, seven US Senators urge the Interior Secretary to use existing authority to reform the US federal coal program and ensure a fair return to US taxpayers.

 

Moving forward to reduce methane from coal mines

To aid collection and distribution of best practices in sustainable methane management in coal mines, UNECE and Poland join to establish an International Centre of Excellence on Coal Mine Methane.

 

A week in coal: 26 – 30 October 2015

A round-up of some of this week’s key news items from the international coal industry from updates on projects to the latest third quarter results.

 

Rhino 3Q15 loss widens y/y

Rhino Resource Partners third quarter loss has widened slightly on the previous year.

 
 

Indonesian coal exports continue to slide

Indonesian coal exports could fall below 300 million t in 2016 as producers struggle to make ends meet in the current low-cost environment.

 
 

Cloud Peak earnings fall on weak coal demand

US coal company, Cloud Peak Energy, has announced a fall in earnings in 3Q15 to US$39 million as demand remains weak in domestic and international markets.

 
 

Peabody loss widens in 3Q15

The largest coal miner in the US, Peabody Energy, has announced a loss of US$304.7 million in 3Q15 as low gas prices continue to subdue demand for coal.

 
 

Consol Energy reports 3Q15 results

Consol Energy reports net income of US$119 million for 3Q15. Its coal division produced 7.3 million short t but average sale prices have seen declines compared to 3Q14.

 

How to secure your coal supply

Paul Baruya’s latest report for the IEA Clean Coal Centre, Coal contracts and long-term supplies, examines long-term fuel supply contracts, where they are used and the features that make them attractive to many utilities.

 

New CEO and management promotions at Westmoreland Coal

Following Keith E. Alessi’s retirement announcement, Westmoreland Coal has appointed Kevin A. Paprzycki as the new CEO. The company has also made two further promotions within the executive team.