Coal

A round-up of some of this week’s key news items from the international coal industry, from outlooks on the Clean Power Plan to the latest project developments.

The Coal Association of Canada is to honour long-time industry veteran, David Fawcett, and SaskPower’s Boundary Dam CCS project with awards this year.

Arch Coal will pay a US$2 million civil penalty and upgrade its Clean Water Act compliance systems under a settlement with the US Environmental Protection Agency and US Department of Justice.

Millar Argent’s plans to develop a new opencast coal mine in south Wales have been rejects by the local council’s planning committee.

New World Resources has announced the deaths of three miners at its OKD 1 underground coal mine in the Czech Republic.

Australia-based Paringa Resources is to list its shares on the OTCQX Best Market in the US as it seeks to progress development of the company’s Buck Creek mining complex in the Illinois Basin.

Rio Tinto’s coal business have reported net earnings of US$25 million in the first six months of the year, down over 60% on the previous year.

Duke Energy’s current groundwater assessment reports for North Carolina coal plants are underway.

Patriot Coal has issued layoff warnings to over 1000 of its workers in Kanawha County, West Virginia, as part of its agreement to see many of its assets to Blackhawk Mining.

Singaporean private investment company, Yishun Brightwise Investment, is to buy 9.5% of Coal of Africa to help develop the Makhado coal project.

The federal court overturns the Abbot government’s approval of Adani’s opencast and underground coal mine in Galilee Basin in Central Queensland, Australia.

Glencore has started ‘business rescue proceedings’ – the South African equivalent of bankruptcy – at its Optimum Coal business after dispute with Eskom.

Peabody Energy appoints A. Verona Dorch as the new Executive Vice President, Chief Legal Officer, Government Affairs and Corporate Secretary.

Buffalo Coal has reported a roof fall at its Magdalena coal mine in South Africa with raw coal production stopped in two of the four working areas.

The US National Mining Association has asked the US Environmental Protection Agency to stay the final Clean Power Plan until the courts have decided its legality.