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North American Coal Industry Faces More Declines in 2016: Moody's

Dec 15, 2015

The North American coal industry remains negatively positioned for 2016 with thermal coal facing a slow, long-term decline and metallurgical coal prices unlikely to recover within the next 12 months, a Moody's Investors Service note said ...

Tags: Coal Industry, thermal coal, metallurgical coal

Duke Energy Indiana Defers Coal Deliveries as Seeks to Cut Stockpiles

Nov 4, 2015

Duke Energy Indiana has deferred into 2016 some coal contracted for delivery this year as it seeks to cut down on a stockpile that at one point approached 5 million st or 80 days of supply, a company official said in a filing to the state's ...

Tags: Duke Energy, coal, fuel

Arch Coal Has Idled Its Cumberland River Coal Company

Aug 13, 2014

St. Louis, Missouri-based Arch Coal announced Monday that it has idled its Cumberland River Coal Company complex as a result of weak coal prices in the market. The facility, located on the Virginia-Kentucky border, is comprised of two ...

Tags: Arch Coal, Metallurgy, Mineral

The US Shale Gas and Oil Boom Is "Very Profound, But Sometimes Taken out of Proportion"

May 22, 2014

The US shale gas and oil boom of recent years is "very profound, but sometimes taken out of proportion," International Energy Agency chief economist Fatih Birol said at the Flame conference in Amsterdam Tuesday. Birol said that of the ...

Tags: Shale Gas, Oil

US Over-The-Counter Coal Prices Closed Mixed on Tuesday

May 22, 2014

US over-the-counter coal prices closed mixed on Tuesday, with only a handful of trades seen across the Central Appalachian and Powder River Basin coal markets. CSX physical June traded at $60.25/st for one train twice. The price was ...

Tags: Coal Prices, CSX physical

This Year Sales of Trucks for Coal Markets Are Shrinking

Apr 30, 2014

This year sales of trucks for coal markets are shrinking, and Sinotruk Taiyuan Branch Company made every effort to face and solve the problem. After marketing analysis of Shanxi markets in the end of last year, the branch company realised ...

Tags: Special Vehicles, Vehicles, Transportation, trucks

Johannesburg-Listed Keaton Energy Produced 2.19 Million Mt of Thermal Coal

Apr 11, 2014

Johannesburg-listed Keaton Energy produced 2.19 million mt of thermal coal from its Vanggatfontein Colliery in the financial year ended March 31, up 45% on the year, according to its production update released Wednesday. It said all the ...

Tags: Keaton Energy, Thermal Coal, coal sales

Southern Coal Plans to Produce an Additional 900,000 St of Steam and Metallurgical Coal

Feb 28, 2014

Southern Coal plans to produce an additional 900,000 st of steam and metallurgical coal this year from two surface mines in eastern Kentucky that have been reopened and/or expanded, according to a senior company official. The Beech Creek ...

Tags: Coal, steam, metallurgical coal

US Over-The-Counter Thermal Coal Prices Closed Little Changed on Tuesday

Feb 13, 2014

US over-the-counter thermal coal prices closed little changed on Tuesday, with only a handful of trades seen across the Central Appalachian and Powder River Basin 8,800-Btu/lb coal markets. In the East, CAPP rail (CSX) coal prices edged 5 ...

Tags: Thermal Coal, Low-Volume Session

Tygart Valley's Leer Mine in Northern West Virginia Began Operating Longwall Mining System

Dec 12, 2013

Arch Coal, Inc. announced Monday that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex. The Leer mine is ...

Tags: Arch Coal, Coke Mine

Arch Coal, Inc. Today Announced That Tygart Valley's Leer Mine in Northern West Virginia

Dec 11, 2013

Arch Coal, Inc. (NYSE:ACI) today announced that Tygart Valley's Leer mine in northern West Virginia has begun operating its longwall mining system, representing a major milestone in the development of the overall mining complex. The Leer ...

Tags: Metallurgy, Mineral, Energy

BHP Billiton Abandoned Plans to Build a $5 Billion Coal Export Terminal in Queensland

Nov 6, 2013

Australian miner BHP Billiton has abandoned plans to build a $5 billion coal export terminal at Abbot Point port in Queensland, according to media reports. The company is reportedly halting all growth projects in its Queensland coking coal ...

Tags: Coal, Metallurgy, Mineral.Energy

Consol Energy's Third-Quarter Coal Production Exceeded Guidance Provided in Q2

Oct 31, 2013

Eastern US coal and gas producer Consol Energy said Tuesday that its third-quarter coal production exceeded guidance provided in the second quarter, while margins decreased primarily as a result of lower sales prices per ton. Consol said ...

Tags: coal, gas, Metallurgy, Mineral, Energy

James River Coal Has Cut About Half of Its Annual Central Appalachian Coal Production

Sep 18, 2013

Eastern US miner James River Coal has cut about half of its annual Central Appalachian coal production "in response to continued weak coal markets," the company said Monday night after the close of markets. The cutbacks amount to about ...

Tags: Coal, Metallurgy, Mineral, Energy

OECD Steel Committee Highlights Overcapacity Problem of Steel Industry

Jul 5, 2013

At the recent 74th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris, participants from OECD and non-OECD economies discussed the prospects for improved growth in global steel demand, future ...

Tags: Steel Committee, steel, Mineral

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