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Coal

Alpha Natural Resources establishes foundation to improve mine health and safety

Alpha Natural Resources has announced the establishment of the Alpha Foundation for the Improvement of Mine Safety and Health Inc. The Alpha Foundation is a non-profit organisation whose mission is to improve mine health and safety through funding projects by qualified academic institutions, not-for-profit entities and individuals associated with those entities.

 
 

Continental Coal enters into mine life extension agreements

Continental Coal Limited has announced that through its South African subsidiary Mashala Resources (Pty) Limited, it has entered into agreements that will allow the Company to extend the operating mine life at the Ferreira Coal Mine and its production of high quality thermal coal through the acquisition and development of the adjacent and adjoining Prospecting Right.

 

Coal, Cost and Culture: “Dave” the Control Room Operator

April 2012: Yesterday I spoke at a business conference in Phoenix about the “High Cost of Mixed Messages” sent by management teams. Included in my presentation was a story about “Dave”, the control room operator; the names were changed to protect the innocent…

 

Ritchie Bros. sells late model heavy mining equipment in Moerdijk

Ritchie Bros. Auctioneers, one of the world’s largest industrial auctioneers, is due to sell more than 1600 industrial equipment items and trucks to the highest bidders in an unreserved public auction held in Moerdijk, The Netherlands on the 19 - 20 April.

 
 
 

Wildhorse Energy completes PFS of Mecsek Hills Project

Wildhorse Energy Limited, an AIM and ASX listed company focused on developing underground coal gasification (UCG) and uranium projects in Central and Eastern Europe (CEE), has announced the completion of its Preliminary Feasibility Study and an updated JORC Inferred coal resource of 383 million t at the Company’s Mecsek Hills UCG Project in southern Hungary.

 

Peabody CEO: Global Coal Supercycle Alive and Well

The chairman and CEO of Peabody Energy, Gregory H. Boyce, announced on Monday that the global supercycle for coal was ‘alive and well’ with strong market trends related to rising electricity generation and steel demand in China and India, along with constrained global coal supplies.

 

India loses US$ 210 billion in potential coal revenue

The Government of India has been criticised for losing billions of dollars from the exchequer by selling coalfields too cheaply. A draft report of the Comptroller & Auditor General (CAG) has accused the Government of distributing 155 coalfields to private and state-owned miners rather than auctioning them off, undervaluing the coal resources by an estimated Rs 10.7 trillion (US$ 210 billion).

 

Coal, Cost and Culture: Getting What You Want

March 2011: When any company starts down the improvement path, they set goals for what they hope to achieve. Stated in the simplest terms, these goals represent “What You Want” from a change initiative.

 
 
 
 

Opportunity knocks

Russell Banham, Deloitte CIS Energy & Resources, explains how Government support could unlock Russia’s vast export potential.