Coal makes a comeback in Illinois Basin in US

Two years ago, Peabody Energy opened a new coal mine in Sullivan County, Indiana. The mine, called Bear Run, is now the largest surface mine in the eastern US and a symbol of the revival of one of America's historical coal fields. As coal mining...

Patriot lowers 2012 guidance as US coal market dulls further

As the chill in US coal markets continued, Patriot Coal on Tuesday unveiled a $75-million, or $0.82-a-share, first-quarter loss, compared with the $15.9-million it lost in the first three months of 2011. St. Louis, Missouri-based Patriot recorded...

Company Announcement: Titan Energy To Acquire Ready To Drill Asset in Multi-Billion Barrel US Hydrocarbon Producing Region

Australian oil and gas company Titan Energy Ltd (ASX: TTE) (Titan Energy or the Company) is pleased to announce it has signed an agreement to acquire an 81% interest in a ready to drill prospect in a multi-billion barrel, hydrocarbon producing...

Mild winter singes another US coal mine

A warmer-than-usual winter and cheap natural gas prices have conspired to claim the scalp of yet another US coal operation, this time at one of Consol Energy’s West Virginia mines. The company said on Tuesday it will idle its Northern West...

Consol earnings rise

US coal and gas producer Consol Energy increased adjusted net income 69% year-on-year, to $174-million, thanks to higher revenue and sales in its coal division. Consol Energy mines coal in Utah, Kentucky, Ohio, West Virginia, Virginia and...

Consol raises outlook, shares gain

Shares in US coal and gas producer Consol Energy rose more than four percent on Thursday, after the company raised its 2011 coal production guidance based on a strong start to the year. Consol produced 15.4-million tons of coal in the second...

Miner killed at former Massey mine – Alpha Natural

A miner died on Monday evening at Alpha Natural Resources Voyager #7 coal mine, near Inez, Kentucky. There were no eyewitnesses to the accident, but an initial review indicates that the 26-year-old man was killed while travelling beneath an...

Thousands of US coal miners being trained on South African simulators

There is a bit more than 11 secret herbs and spices in Kentucky these days, with the home of the colonel’s delicacy now also the place where around 30 000 US coal miners have been trained over the past five years, using vehicle and equipment...

Coal mining in Kentucky and the SA company that makes it possible

There is a bit more than 11 secret herbs and spices in Kentucky these days, with the home of the colonel’s delicacy now also the place where around 30 000 US coal miners have been trained over the past five years, using vehicle and equipment...

Alpha Natural earnings nipped by higher costs

US coal miner Alpha Natural Resources increased first-quarter net profit, but missed analyst expectations after higher costs ate into earnings. The company, which agreed earlier this year to buy rival Massey Energy, earned $49,8-million, or $0,41...

Higher prices, sales boost Consol profit

US coal and gas producer Consol Energy increased first quarter profit by 92%, the firm said on Thursday, helped by increased coal prices and higher than expected sales volumes. Consol earned $192-million, compared with $100-million in the same...

Consol boosts coal output forecast after strong Q1

Consol Energy has raised its coal production guidance for 2011 by about two percent, after a better than expected performance in the first three months of the year. Consol produced 17,2-million tons of coal in the first quarter, including...