Coal

Alpha Natural Resources to combine with Massey Energy

The proposed combination of Alpha Natural Resources (ANR-N) and Massey Energy (MEE-N) announced over the weekend will bring synergies of $150 million annually by 2012 and create a top-three global metallurgical coal producer.




Commodities roundup

Vancouver – The final technical session at the Mineral Exploration Roundup in Vancouver took a look at the potential of thermal coal, uranium, vanadium, molybdenum, copper, and of course, gold.


Fortune Minerals advances on two fronts

Vancouver – Fortune Minerals (ft-t) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.In British Columbia, the company’s Mount Klappan anthracite coal project now has a clearer path forward…



Coalspur develops Vista project in Alberta

Four months after he was hired as managing director and chief executive of Coalspur Mines (cpt-t, cpl-a) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.


Rio offers A$3.9 billion for Riversdale

Vancouver – Rio Tinto (RIO-N, RIO-L) wants more coal: the major has offered A$3.9 billion for Riversdale Mining (RIV-A), an Australian coal company with one mine in operation, one in construction, and one primed for development.


Coalspur develops export thermal coal project in Alberta

Four months after he was hired as managing director and chief executive of Coalspur Mines (CPT-T, CPL-A) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.



Cline gets approval to start New Elk

True to its word Cline Mining (CMK-T) is set to put the New Elk Coal Mine into full production before the year’s end. The company received a key approval of its mine plan from the United States Mine Safety and Health Administration (MSHA)…


Forbes and Manhattan Coal boost export capacity

Forbes and Manhattan Coal (FMC-T) currently exports about 35% of the coal it produces at its two mines in South Africa but plans to raise that percentage to about 80% by 2013 on the back of a new agreement with Transnet Freight Rail and…


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