Articles Tagged "Coal Company News"

Coalview Purchases Primary Coal Dredge for Centralia Project

Coalview Ltd., LLC (“Coalview”), America's leading fully integrated coal technology and fine coal recovery company providing technology and environmental solutions for mining property owners, today announced that it has purchased a 200 tons per hour (TPH) all-electric coal dredge from Rohr-Idreco Dredge Systems headquartered in New Richmond, Wisconsin as the primary dredging unit for its newest fine coal recovery project near Centralia, WA.

Prophecy Coal Corp. Looks to Increase Sales to Russia

Prophecy Coal Corp. (TSX:PCY,OTCQX:PRPCF,FWB:1P2) announced its annual results for the 2013 fiscal year and provided an outlook for 2014. Highlights included $3.3 million in slaes revenue from its Ulan Ovoo mine, the sale of a coal shipment to a Russian customer with views to increase sales to Russia, and the completion of a feasibility study regarding the road from Prophecy's Ulaan Ovoo mine.

Rio Tinto Loses Legal Fight to extend Australian Coal Mine

Reuters reported today that Rio Tinto (ASX:RIO,NYSE:RIO) lost an appeal to the Australian Supreme Court to expand its Warkworth coal mine in New South Wales, Australia. Managing Director Chris Salisbury told Reuters that Rio Tinto will submit a revised plan for the mine that will include funding for woodland and employment programs and a 1,800 hectare National Park.

Challenger Signs LOI to Sell Barito Coal Project

Challenger Deep Resources Corp. ("Challenger" or the "Company") (TSX VENTURE:CDE) is pleased to announce that it has entered into a binding Letter of Intent ("LOI") for the sale of its Barito coal project in Central Kalimantan, Indonesia. Under the terms of the LOI the purchaser, a private Australian company, will purchase all of the outstanding shares of PT Bestindo Energy, a wholly-owned subsidiary of Challenger which holds all of the Corporations rights to the Barito project.