Latest Coal Stories
In a Tumultuous Year for Coal in the United States, Attendance from Overseas Surged STAMFORD, Conn., May 21, 2013 /PRNewswire/ -- The 2013 International Coal Preparation Exhibition and conference, held April 28-29 in Lexington, KY, saw record international attendance -- up 17% from 2012 -- from a total of 21 countries. The increase was notable given the current state of the coal industry in the United States, particularly the Appalachia region, and coal producers' moratoriums on...
RICHMOND, Va., May 17, 2013 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), today announced that the Company has entered into separate, privately negotiated exchange agreements, under which it will exchange a total of approximately $243.4 million of existing senior convertible notes for $123.3 million of new senior convertible notes. The notes to be exchanged include $90.0 million of its 4.50% Senior Convertible Notes due 2015 (the "2015 Notes") and $153.4 million of its...
TORONTO, May 17, 2013 /PRNewswire/ - Pacific Coal Resources Ltd. (TSXV: PAK) is pleased to announce the receipt of an executed subscription agreement in respect of its previously announced US$ 4 million private placement (see press release dated May 8, 2013). Pacific Power Generation Corp., a company existing under the laws of the Republic of Panama, is the sole subscriber under the private placement and is not currently a shareholder of the company. The private placement is...
PITTSBURGH, May 16, 2013 /PRNewswire/ -- CONSOL Energy Inc. (NYSE: CNX) today received approval from MSHA and state agencies of its plan to resume mining operations at the Blacksville No. 2 Mine, which was evacuated on March 12 when smoke was detected exiting the Orndoff shaft. CONSOL Energy expects full operations to begin with the morning shift on May 20. (Logo: http://photos.prnewswire.com/prnh/20120416/NE87957LOGO ) On May 14, the twenty-one seals constructed by CONSOL Energy's...
ST. LOUIS, May 16, 2013 /PRNewswire/ -- The Arch Coal Foundation today announced that 16 recent high school graduates have been chosen as 2013 Arch Coal Scholars. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) The Arch Coal Scholars program honors outstanding scholastic achievement by the children of the employees of Arch Coal and its subsidiaries. Each of this year's scholars will receive a $2,000 annual scholarship to an accredited college or university for...
MARKET MONITOR FINDS PJM WHOLESALE ELECTRICITY MARKETS REMAIN COMPETITIVE EAGLEVILLE, Pa., May 16, 2013 /PRNewswire/ -- PJM Interconnection's wholesale electric energy and capacity markets produced competitive results in the first three months of 2013, according to the 2013 State of the Market Report for PJM: January through March, released today by Monitoring Analytics, LLC, the Independent Market Monitor for PJM. The Independent Market Monitor, Joseph Bowring, announced findings...
HOUSTON, May 16, 2013 /PRNewswire/ -- Far East Energy Corporation (OTCBB:FEEC) today announced that production wells 115V and 119V have reached total depth; preliminary gas content has been determined for the SYE03 appraisal well; and two more wells have been commenced since our May 10(th) ( )release. The newly spudded wells are the SYE-16, a new appraisal well, and the 62-2V, an additional production well, bringing to 16 the number of wells spudded thus far in 2013. Meanwhile,...
SEATTLE, May 15, 2013 /PRNewswire/ -- L & L Energy, Inc., (Nasdaq: LLEN) ("L&L" or the "Company"), a Seattle-based company with a track record of profitable coal operations in China, announced today that it has signed an agreement to provide one million tons of coal to a Datang International Power Co. ("Datang") power plant. In October of 2012, L&L signed a contract to provide 360,000 tons of coal to Datang's Heshan Power Plant in Guangixi over a 10 month period. Today,...
PINGDINGSHAN, China, May 14, 2013 /PRNewswire-FirstCall/ -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq: SCOK) (the "Company" or "SinoCoking"), a vertically-integrated coal and coke processor, announced today its financial results for the fiscal 2013 third quarter ended March 31, 2013. Fiscal 2013 Third Quarter vs. Fiscal 2012 Third Quarter Total revenue was $13.9 million, as compared to $16.8 million. Gross margin was 15.0%, as compared to 15.7%. Net income,...
RICHMOND, Va., May 13, 2013 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), today announced the preliminary results of their proxy vote provided by the Company's transfer agent. On Proposal 1, preliminary results indicate that Peter T. Socha and Leonard J. Kujawa have been elected as directors of the Company. On Proposal 2, the potential stock issuance, preliminary results indicate it received a majority of the shares voted. On Proposal 3, executive compensation,...
Latest Coal Reference Libraries
Coal is a fossil fuel extracted from the ground either by underground mining, open-pit mining or strip mining. It is a readily combustible black or brownish-black sedimentary rock. It is composed primarily of carbon and hydrocarbons, along with assorted other elements, including sulfur. Often associated with the Industrial Revolution, coal remains an enormously important fuel and is the most common source of electricity world-wide. In the United States, for example, the burning of coal...
