TECO Coal sale complete
TECO Energy Inc. closes the sale of its coal mining subsidiary, TECO Coal LLC, to Cambrian Coal Corp.
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.
Sibanye Gold signs a term sheet with the Waterberg Coal Group to meet the company’s electricity supply targets by investing in the group for a steady supply of coal.
SEPCOIII Electric Power Construction Corp. and Firebird Mongolia Fund Ltd complete a joint development agreement for the development and financing of the Tevshiin Gobi power plant project in Mongolia.
Superior Industries Inc. acquires Illinois crusher manufacturing facility from FLSmidth.
Haver & Boecker Canada selects Darcy Bishop, formerly the Manager of the Screen Media Division and Edmonton Branch, to Vice President of Internal Sales.
As a result of decreased coal demand worldwide, coal miners in Indonesia have reduced production. For the first eight months of 2015, production declined 15.4% to 263 million t.
Poland's Enea could offer to buy 64.6% of private coal miner Bogdanka, valuing the stake at 1.48 billion zlotys (US$399.7 million).