Archive for January 2007

RENO, NV –Talks were scheduled to resume Wednesday as Xstrata Nickel and the union representing the Swiss mega-miner’s Sudbury, Ontario, operations try to reach a new contract before midnight on February 1.

Reuters reported that late on Tuesday, the Canadian Auto Workers union presented Xstrata with a counter proposal that covered all of the contract language and benefits. » Read more after the jump →

Prime Minister John Howard has backed a new energy report which supports his push for nuclear power as a way to combat climate change.

The Energy Supply Association of Australia (ESAA) said that substantial greenhouse gas emission reductions were possible by the year 2030 but it would cost $75 billion. » Read more after the jump →

THANKFULLY, THE DAYS OF SHOVELING coal into the kitchen stove are over. But investors might want to think about fueling their portfolios with shares of coal producer Consol Energy. » Read more after the jump →

PARRISH - Plumes of thick, black smoke shoot from the top of Flagg Coal Co. No. 75 as the fireman stokes coal into the steam tank engine.

It’s a moderate coal, exhaling a deep, rich smoke that’s not too overwhelming, mined in either West Virginia or Virginia. » Read more after the jump →

The coal industry has recently planned to cut production by 20 to 30 million tons per year in the eastern United States, according to Thomas Hoffman, the vice president of external affairs at CONSOL Energy.
‘’A lot of that is going to happen in central Appalachia, which means the southern West Virginia mines, where the geology is more complicated,'’ he said. » Read more after the jump →

A COMPANY aiming to open five coal mines in South Wales warned yesterday that the region could soon run out of skilled miners and colliery technicians.

The Welsh coal industry is reawakening because rising world energy prices have made fossil fuels far more valuable than they were when pits were written off as uneconomic in the 1980s and 1990s. » Read more after the jump →

Chris Murley, Banks Ries and Adam Zuroski are members of groups dedicated to preserving three local mines, and are restoring some of the machines once used there. They’re also members of the Underground Miners, a group of mine enthusiasts, and the Huber Breaker Preservation Society. “I’ve seen so much scrapped or torn down in the last six years,” said Murley, an airplane mechanic, 1998 Tunkhannock Area High School graduate and 2000 grad of Johnson Technical Institute, Scranton. » Read more after the jump →