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OSM Honors Alcoa’s Sandow Mine with 2012 Excellence in Surface Coal Mining Award

Office of Surface Mining Reclamation and Enforcement (OSM) has conferred Alcoa’s Sandow mine located in Texas with the “Good Neighbor Award” in the Excellence in Surface Coal Mining Awards for 2012.

From Alcoa Corporation 30 Jul 2012

Patriot Coal Receives Court Approval Of $802 Million Of DIP Financing On Interim Basis

Patriot Coal Corporation, a producer and marketer of coal products in the eastern United States, today announced that the Bankruptcy Court for the Southern District of New York granted Patriot interim approval of its $802 million Debtor-in-Possession financing ("DIP") from Citigroup Global Markets Inc., Barclays Bank PLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated as joint lead arrangers, and granted Patriot interim authorization to access immediately $677 million of the DIP financing.

11 Jul 2012

Colombia Energy Resources Begins Initial Shipments Of Met Coal From Its Ruku Mining Facility

Colombia Energy Resources, Inc. (OTCBB: CERX), a metallurgical coal exploration and production company operating in the Republic of Colombia, has begun making shipments from its Ruku mining complex after temporarily halting production earlier this year to make repairs and safety upgrades and to improve security at the site.

11 Jul 2012

Sale Of Sonoma Coal Mine By Cliffs Natural Resources Inc.

Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its wholly owned subsidiary, Cliffs Australia Coal Pty Ltd, has entered into a definitive share and asset sale agreement to sell its 45% economic interest in the Sonoma joint venture coal mine located in Queensland, Australia to QCoal Sonoma Pty Ltd (QCoal).

11 Jul 2012

Five Star Equities Provides Research on Patriot Coal and James River Coal

The requirement for coal during the current year in the United States has been pulled down significantly due to reduction in natural gas prices, which has resulted in a bad phase for coal stocks.

4 Jul 2012

Bandanna Energy Provides Update on Springsure Creek Venture

After ascertaining the viability of the venture, Bandanna Energy has invested to develop the Springsure Creek subterranean coal project and has taken a senior secured bank guarantee facility of 67 million Australian dollars from Credit Suisse.

3 Jul 2012

Arch Coal's Vindex Energy Earns Third State Maryland Excellence In Reforestation Award

Arch Coal today announced that Vindex Energy Corporation has received the 2011 Maryland State Excellence in Reforestation Award from the Appalachian Regional Reforestation Initiative (ARRI). The award recognizes "exemplary performance using the Forestry Reclamation Approach (FRA)" at Vindex Energy's Carlos mine in Allegany County, near Frostburg.

2 Jul 2012

Study: Almost $30 Billion In Revenues Lost To Taxpayers By "Giveaway" Of Federally Owned Coal In Powder River Basin

Taxpayers missed out on an estimated $28.9 billion in revenues over 30 years due to the failure of the federal Bureau of Land Management (BLM) to get fair market value for U.S.-owned coal mined in the Powder River Basin,...

26 Jun 2012

Rio Tinto Makes First Coal Shipment From Mozambique

Rio Tinto has started exporting premium hard coking coal from its Benga Mine in the Moatize Basin in Mozambique. The first shipment of 34,000 tonnes left the Port of Beira today, bound for an Indian steel mill.

26 Jun 2012

APR Energy Plant In Cyprus Operational Ahead Of Schedule

APR Energy is proud to announce the operation of its 120MW diesel-fired power plant, located just east of Limassol, Cyprus. APR Energy signed a contract in May with the Electricity Authority of Cyprus (EAC) to provide a peak season solution in time for the Mediterranean summer. Using its latest enhancements in plant design, deployment and logistics, APR Energy was able to prepare the site and have the plant installed and operational within 20 days of equipment arrival – ahead of the contracted schedule.

26 Jun 2012