Foxleigh Mine Sale Completed

After seeking a buyer for more than a year, Anglo American has completed its sale of its interest in the Foxleigh complex in the Bowen Basin region of Queensland, Australia, to a group led by Taurus Fund Management. The deal with the consortium was first inked as a sale and purchase agreement in early April. No financial or other related details were released.

Read more ...

Contura Acquires Alpha’s Core Assets

Contura Energy completed the previously announced acquisition of several core assets from Alpha Natural Resources (ANR), which was a key step for Alpha to emerge from Chapter 11 bankruptcy. Contura will be a private, Tennessee-based company with affiliate mining operations across multiple major coal basins in Pennsylvania, Virginia, West Virginia and Wyoming. It also purchased Alpha’s interest in the Dominion Terminal Associates coal export terminal in eastern Virginia. Contura will be led by former Alpha CEO Kevin Crutchfield and it will have a workforce of more than 2,200 former Alpha employees.

Read more ...

Alpha Turns Coal Reserves Over to Environmentalists

In the midst of its Chapter 11 bankruptcy reorganization, Alpha Natural Resources has donated more than 53 million tons of reserves in Pennsylvania to a collection of environmental groups including the Sierra Club and will also pay millions for site restoration in Appalachia. The turnover is part of a settlement the producer agreed to with it and the West Virginia Highlands Conservancy, the Ohio Valley Environmental Coalition and Appalachian Mountain Advocates.

Read more ...

SUEK’s Daltransugol Hits Milestone

Russia’s largest coal terminal, SUEK’s Daltransugol in the Khabarovsk Territory, announced July 1 it had achieved a record of 10 million metric tons (mt) of coal handled since the beginning of the year. Officials cited terminal equipment updates for the positive results, as well as the introduction of new high-efficiency technology.

Read more ...

Resource Center Whitepapers, Videos, Case Studies

Let's stay in touch!

All of the latest mining news and our digital edition sent to your inbox once a week.

We'll never share your email address, and you can opt out at any time, we promise.