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Sen. Joe Manchin Collects Half a Million a Year From Coal Stocks

2021/9/30Sen. Joe Manchin earned $500,000 in 2021 from his son's energy firm, which Manchin founded in 1998. He's also the chair of the Senate Energy and Natural Resources Committee, which regulates the

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Investors Pushed Mining Giants to Quit Coal. Now It's Backfiring

2021/11/9In the past, a move to increase its exposure to coal might have drawn criticism from climate-focused investors. The company already agreed in 2021 to cap its coal production, under pressure from Climate Action 100+, an investor group with 545 members managing a combined $52 trillion of assets. As Anglo and BHP pushed to sell the mine, Climate

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Biggest US coal miner surges 17% as global energy crisis boots

2021/10/19Biggest US coal miner surges 17% as global energy crisis boots demand NameSurname Your Email Telephonereduced its stake after

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Boikarabelo Coal Mine

2021/6/24This article is part of the Global Coal Mine Tracker, a project of Global Energy Monitor. The Boikarabelo coal mine is a proposed coal mine, owned by Resgen South Africa, a subsidiary of Resource Generation (Australia), to produce 6 million tonnes per annum, for the Boikarabelo power station, in Resgen, Limpopo, South Africa.

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Coal – Alabama Mining Association

Three companies — Warrior Met Coal, Peabody Energy, and Murray Energy Corp — produce over 95 percent of all met coal mined in Alabama. One mine, Warrior Met Coal's Mine #7, is responsible for 43 percent of the state's total 11 million tons of met coal production. The dollar value of the met coal produced in Alabama during 2021 is

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UPDATE 1

2021/9/29UPDATE 1-Brazil's Vale agrees to new terms with Mitsui for coal mine stake. RIO DE JANEIRO, Sept 29 (Reuters) - Vale SA said on Thursday it has agreed to new terms for the sale of stakes in a coal

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As Investors Cast Off Coal Stakes, Miners Rely on a Few Big Funds

2021/2/26Coal miner Peabody Energy Corp. estimates that much of the near 12% these funds own in the company is in index trackers. Dimensional owns a further 5.3% of Peabody, while activist investor Elliott Management Corp. owns 30%.

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Sumitomo to sell stake in Rolleston coal mine in Australia to

2021/8/17Sumitomo's remaining interest in thermal coal mines is a 37.13per cent stake in the Clermont mine in Australia, but the company plans to keep its stake as the mine life is expected to end by 2021

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Cliffs to Sell Coal Mine Stake

2021/7/11Mining company Cliffs Natural Resources Inc. has announced an agreement to sell its 45% stake in the Sonoma coal mine joint venture in Queensland, Australia, to QCoal Sonoma Pty. Ltd. (QCoal) for

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Why I'd hold this coal

Why I'd hold this coal-mining ASX share for 4 years: expert. Ask A Fund Manager: Datt Capital's Emanuel Datt recalls the expensive lesson that taught him the importance of dollar-cost

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West Virginia coal industry grapples with impact of climate crisis

2021/9/30West Virginia coal industry grapples with impact of climate crisis. Climate in Crisis. West Virginia's coal powered the nation for years. Now, many look to a cleaner future. "For a long time

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Mpumalanga communities get 16.1% stake in Nkomati coal mine

2021/1/7Share. Nelspruit - Rural communities in Mpumalanga have been granted a 16.1% stake in a coal mine following a ground-breaking agreement reached after Sentula Mining secured a R151 million loan from the Industrial Development Corporation (IDC). The agreement will put an end to tensions between the owners of the Nkomati anthracite mine and the

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The Arnot coal mine, half

2021/7/28The Arnot coal mine is expected to return to production by the end of the year. The Arnot mine was closed by Exxaro in 2021 when Eskom did not renew a 40-year coal-supply agreement. Wescoal holds a 50% stake in Arnot and the other half is controlled by Arnot Opco. Exxaro handed over the mine to its retrenched employees in 2021.

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Beryl Group acquires 100% stake in Eyethu Coal

2021/3/29Pan-African diversified investment company Beryl Group has acquired Africoal's stake in Eyethu Coal, effectively making the group the 100% shareholder in Eyethu Coal. Eyethu Coal was

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Investors pushed mining giants to quit coal. Now it's backfiring

2021/11/10After years of lobbying miners to exit the most-polluting fuel, there's a growing unease among activists that the policy many of them championed could lead to more coal being

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Rio Tinto sells Australian coal mine stake

2021/9/30Mining giant Rio Tinto said on Wednesday it is selling its stake in an Australian coal mine for US$606 million to New Hope Group, as slowing demand from China hits commodity prices hard. Rio said it had reached an agreement to sell its 40 percent stake in Bengalla mine, in the Hunter Valley some 250 kilometres (155 miles) north of Sydney, to Australian-listed New Hope, part of asset

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Coal Mining Safety and Health

2021/7/10Coal Mining Safety and Health - Mine Dust Lung Diseases. The respiratory (lung) diseases in coal mining are caused by silica dust and coal dust generated from different activities such as blasting, drilling, stockpiling, conveyor belt transfer points and transportation. Respiratory health is the condition of your lungs and their ability to

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Biggest US coal miner surges 17% as global energy crisis boots

2021/10/19Biggest US coal miner surges 17% as global energy crisis boots demand NameSurname Your Email Telephonereduced its stake after exercising short call options, according to a filing Monday

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Coal Mining Preview

2021/8/11Kholevu Mining (13/07/2021) Kholevu Minerals, a South African mining company, could sell a 49% stake in its unit to raise around ZAR 245m (USD 14.5m), Managing Director and co-owner Vuyani Ncoko said. It looks to raise funds for a subsidiary company, which will own an underground coal gasification (UCG) pilot plant.

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MC Mining agrees coal prepayment as yet another SA coal miner fights for survival

2021/10/4MC Mining agrees coal prepayment as yet another SA coal miner fights for survival. MC Mining raised R29.7m in a coal pre-payment from a customer in an effort to stay afloat after posting losses and a cash outflow for the year ended June. The metallurgical and thermal coal mining and development firm also extended two loans held with the

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Sen. Joe Manchin Collects Half a Million a Year From Coal Stocks

2021/9/30Though currently run by his son, Manchin still owns as much as a $5 million stake in the company, raking in $500,000 of income from it in 2021 alone. As

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Russian Coal

2021/1/77. Coal mines. 4300. of employees. JSC Russian Coal was founded in 2021. The company's assets are located in three regions of the Russian Federation: Amur region, the Republic of Khakassia and the Krasnoyarsk Territory. The company unites seven coal mines, a coal-preparation plant, energy supplying, transport and repair facilities.

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Investors pushed mining giants to quit coal. Now it's backfiring

2021/11/9The campaign to force coal out of the hands of the biggest diversified miners kicked off about a decade ago, with limited success.That changed

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Glencore to buy Rio Tinto's Clermont coal mine stake

2021/10/25MELBOURNE (Reuters) - Rio Tinto has agreed to sell its majority stake in the Clermont coal mine in Australia to Glencore Xstrata, The Australian reported on Friday. Glencore Xstrata and Rio Tinto declined to comment on the report. Rio Tinto put its 50.1 percent stake in the Clermont coal mine up for sale earlier this year along with a minority stake in its Coal

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Sen. Joe Manchin Collects Half a Million a Year From Coal Stocks

2021/9/30Sen. Joe Manchin earned $500,000 in 2021 from his son's energy firm, which Manchin founded in 1998. He's also the chair of the Senate Energy

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10 Largest Coal Mining Companies In The United States – Zippia

2021/2/18Coal mining in the United States has a long history. In fact, it goes back to the 1300s with Native Americans from the Hopi tribe using coal. Commercial coal use didn't come into use until 1701, but that's still a pretty impressive history. It was during the 1880s that

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Coal mining projects

In September 2021, Pembroke was granted mining leases for the Olive Downs coking coal project, allowing project construction to start. First coal from the AUD 1 billion opencast mine is expected in 2021. The first stage has an expected production rate of 4.5 Mtpa of met coal.

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Einhorn doubles stake in Consol after coal miner slumped 50%

2021/1/13Activist investor David Einhorn has doubled his stake in Consol Energy after the coal miner slumped 50% last year. Einhorn's hedge fund Greenlight Capital and other entities

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Mantashe opposes coal ban for climate aid

2021/10/14Mantashe defended the country's 2021 energy blueprint, which allows for the development of 1 500 MW of new coal capacity. This, he said, will allow South Africa to experiment with new

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Glencore, Sumitomo buy Rio coal mine stake for $1 billion

2021/10/25MELBOURNE/LONDON (Reuters) - Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, pushing ahead with plans to focus on larger, core operations. Rio put its 50.1 percent stake in the Clermont mine in Queensland on the block earlier this

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