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Arch Coal has removed an asset from its portfolio. The company announced that it has sold its Hazard unit to privately held Blackhawk Mining for $26.3 million in cash. The subsidiary's core asset ...
These wedges of the Blackhawk Formation have been given names and many of them contain economically important bituminous coal zones, such as the Kenilworth Coal that is up to 11 m (37 feet) thick. [3] The coast probably resembled the Gulf Coast today, being composed of a broad coastal plain, with meandering rivers that ended in wave-dominated ...
Looking to invest in coal reserves in North America, Rheinbraun A.G offered Dupont stakes in coal mines and $890 million in 1991 to join in an equal part joint venture creating Consol Energy. [10] Despite the cost of coal dropping in the 1990s, Consol's long-term contracts and investments in longwall mining techniques allowed the company to ...
Coal sales volumes of 8.4 million tons were essentially in line with the 2023 quarter and increased 6.7% sequentially, while coal production of 7.8 million tons declined 7.2% year over year and 8. ...
A U.S. appeals court on Wednesday struck down a moratorium on coal leasing from federal lands in a move that could open the door to future coal sales from vast, publicly owned reserves of the fuel ...
Patriot Coal building in Creve Coeur, Missouri in June 2013. Patriot Coal Corporation was a coal-mining company based in St. Louis, Missouri in the United States. The company was a spin-off of most of the Eastern U.S. operations of Peabody Energy. Patriot was the second largest coal miner east of the Mississippi River. The company's operations ...
The Eagle Butte mine is a coal mine located 7 miles (11 km) north of Gillette, Wyoming in the United States in the coal-rich Powder River Basin.The mine is an open pit, "truck and shovel", mine producing a low-sulfur, sub-bituminous coal from the Roland and Smith seams that is used for domestic energy generation.
CWLP was proposed the contract by Foresight Coal Sales LLC, for the purchase of coal in a four-year contract for $85.6 million from Foresight’s Hillsboro mine, more commonly known as Deer Run.
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