Coal

Patriot Coal will proceed with the transaction to sell a proportion of its operating assets to Blackhawk Mining following a competitive auction.

Tanzanian-focused coal company, Edenville Energy, has provided an update on the status of its mining licence application.

The World Coal Association calls on participants at Climate Week to recognise the role of all low-emission technologies to help reduce global carbon emissions, including low-emission coal technologies.

SunCoke, a supplier of high-quality metallurgical coal to the integrated steel industry, intends to streamline the company’s management and has modified its leadership team.

Vattenfall invites prospective bidders to state interests in the company’s German lignite generation and mining assets.

Australian coal producer, New Hope, has reported a statutory loss of over AUS$20 million after impairments and other non-regular items hit the company’s bottom line by AUS$73.6 million.

TECO Energy Inc. closes the sale of its coal mining subsidiary, TECO Coal LLC, to Cambrian Coal Corp.

Atrum Coal NL reports positive progress after identifying various potential new mines at the Groundhog anthracite project, located in British Columbia, Canada.

Sable Mining enters into a MoU with CITIC Construction Co. Ltd, a subsidiary of CITIC Group, with plans to progress a 600 MW coal-fired power plant at its 19 236 ha. Lubu coal project in Zimbabwe.

A round-up of some of this week’s key news items from the international coal industry, from updates on developments, projects and operations to outlooks on coal consumption and production.

Blaschak Coal Corp. expands its mining activities in two new locations in the anthracite coal measures of Northeastern Pennsylvania, adding almost 3 million t of clean coal to its reserves.

BHP Billiton Coal President, Mike Henry, calls for a focus on productivity and creating closer community support with the sector in order to overcome weak coal prices.

GE chemists develop a solution that uses a class of amino silicone compounds at various temperatures to capture carbon.

A new report by the US Energy Information Agency (EIA) has indicated China’s coal consumption has slowed following almost a decade of fast expansion – a result of changing GDP, industry restructuring and new energy and environmental policies.

Patriot Coal Corp. has a potential new bidder for the bulk of its asset (including mines in West Virginia and reserves in other states), competing with Blackhawk Mining’s bid.