Weak coal volumes hit Union Pacific in 3Q15
A drop in freight volumes in most industries – including an 18% fall in coal volumes – saw Union Pacific’s 3Q15 operating revenues down 10%.
Stay up to date with the latest news and updates from the coal industry.
A drop in freight volumes in most industries – including an 18% fall in coal volumes – saw Union Pacific’s 3Q15 operating revenues down 10%.
The first working group meeting in the environmental assessment process for Jameson Resources’ Crown Mountain coal project has taken place.
Consol Energy reports net income of US$119 million for 3Q15. Its coal division produced 7.3 million short t but average sale prices have seen declines compared to 3Q14.
Paul Baruya’s latest report for the IEA Clean Coal Centre, Coal contracts and long-term supplies, examines long-term fuel supply contracts, where they are used and the features that make them attractive to many utilities.
Australian coal development company, Pacific American Coal, has completed the exploration programme at its Elko coal project in Canada.
A switch to room-and-pillar mining in the prefeasibility study for Balamara Resources Mariola 1 project has unlocked significant further value.
Following Keith E. Alessi’s retirement announcement, Westmoreland Coal has appointed Kevin A. Paprzycki as the new CEO. The company has also made two further promotions within the executive team.
Talen Energy Corp. has announced that it reached an agreement to sell the 399 MW C.P. Crane coal-fired power plant in Baltimore.
Georgia Power has announced it has joined with other energy companies across the country to stay the EPA’s Clean Power Plan.
Westmoreland Coal reports a steady quarter for 3Q15 with revenues increasing primarily due to the WMLP and Buckingham acquisitions and adjusted EBITDA increasing due to the WMLP and Canadian acquisitions but this was limited by poor weather conditions.
The US EPA Region 7 gave conditional approval to the State of Kansas’ plan to implement rules for the safe disposal of coal ash from coal-fired power plants.
The McLanahan M3H pump is dimensionally identical and displays comparable hydraulic performance to its predecessor.