Archive for February, 2007

Miners protest at German plans to shut down coal mines

More than 10,000 German miners halted work in protest at government plans to shut down German coal mines by 2018 and calls by the regional premier of North Rhine-Westphalia state, where most of the mines are situated, for an even earlier phase-out date.
Thousands of miners and other employees of the RAG industrial conglomerate, which operates […]

February 2nd, 2007 - Posted in Coal, Mining News

Indian coal buyers struggle to find South Africa partners

Indian industrial users are keen to invest in South Africa’s coal mining sector but say they have been frustrated by the struggle to find suitable partners.
India imported just over three million tonnes of coal from South Africa in 2006 and is likely to take double that if it is available this year, Indian buyers attending […]

February 2nd, 2007 - Posted in Coal, Mining News

Duke Energy faces rising costs of coal

Westar Energy knew its coal-fired plant was in trouble.
The Kansas company wanted to build a $1 billion, 800-megawatt power plant, but construction costs kept rising as global demand for steel and other materials skyrocketed. Soon $1 billion became at least $1.4 billion — costs ultimately passed to consumers.
Faced with sobering numbers, the utility in January […]

February 2nd, 2007 - Posted in Coal, Mining News

Arch Coal Posts a 4th-Quarter Profit on Cost Cuts and Expanded Operating Margins

Arch Coal Inc., the nation’s second largest coal producer, on Friday said it swung to a profit in the fourth quarter on cost cutting and expanded operating margins.
The company posted a profit of $79.5 million, or 55 cents per share, compared with a loss of $1 million, or a penny per share during the same […]

February 2nd, 2007 - Posted in Coal, Mining News

State asks for details on FPL coal plant

The state environmental protection agency has sent Florida Power & Light Co.’s application to build an advanced-technology “clean coal” plant in Glades County back to the utility, saying it needs more information on things such as a construction schedule, pollution-control equipment and how it will deal with landfill waste.
At the same time, FPL told state […]

February 1st, 2007 - Posted in Coal, Mining News

Cargo train with coal and minerals derails in in Kirov region

A cargo train with coal and minerals derailed in central Russia late on Thursday, but nobody was injured and there was no ecological hazard.
Nineteen train cars with coal and minerals derailed at 20:00 Moscow time in Kirov region, a spokesman of the Russian Railways Company told Tass.
“Nobody was injured in the incident and there is […]

February 1st, 2007 - Posted in Coal, Mining News