Skip to main content

Mining

 

Arch Coal takes measures to boost share price

Number two US coal miners, Arch Coal, is to implement a one-for-ten reverse stock split in a bid to boost its share price and remain listed on the New York Stock Exchange.

 

A section of the Deer Run Mine to be restored

Foresight Energy intends to restore power to a portion of the Deer Run Mine, following approval from the Federal Mine Safety and Health Administration and the State of Illinois Department of Natural Resources’ Office of Mines and Minerals.

 
 
 

Coal pension plan sues Peabody and Arch

The United Mine Workers of American Pension Plan is suing Peabody Energy and Arch Coal to try to force the two companies to take on US$800 million of bankrupt Patriot Coal’s liabilities.

 

Sandvik releases 2Q15 results

Operating profit at Sandvik Mining jumped 74% in 2Q15 on favourable foreign exchange raters and continuing structural saving.

 
 
 

West Virginia coal mining in deep water

The West Virginia Coal Association provides an outlook in relation to the federal Office of Surface Mining’s release of the revised Stream Buffer Zone Rule.

 

New CEO for GEOVIA

Dassault Systèmes appoints Raoul Jacquand as the new CEO of its GEOVIA brand.

 

Mine safety still paramount in North America

A recent Timetric survey indicates mining companies in USA and Canada are increasing investments in vehicle-related technologies in the next two years.

 

Clarence coal mine overflow

An incident has occurred at the Clarence coal mine, involving the overflow of material from a holding cell. Centennial Coal is working towards a thorough clean up with a top priority of reducing environmental impacts.

 

Weekly coal news highlights: 6 – 10 July 2015

A round-up of some of this week’s key news items from the international coal industry, from the latest developments and corporate affairs to challenges facing coal.