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Geotechnical Egineering News tagged with [coal mining]

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The world’s largest private coal company just went bankrupt
grist   13 April 2016   USA   USA  
Coal mine
<p>In a move that has environmentalists hunting for graves to dance on, Peabody Energy, the world&rsquo;s largest private-sector coal company, has filed for bankruptcy.</p> <p>It&rsquo;s the fourth major U.S. coal company to go bankrupt in the last year. The ...
Filed under: Mining News
Output per miner-hour rises as smaller coal mines close
Source: U.S. Energy Information Administration, Annual Coal Report, and Mine Safety and Health Administration
<p>Coal mining productivity increased in 2013, averaging 5.5 short tons per miner hour, reversing a trend of declining productivity since at least 2000. Preliminary data from the Mine Safety and Health Administration indicate a further increase in 2014. Improved ...
Filed under: Mining News
Bank Of America Backs Away From Funding Coal Mining
Huffingtonpost Post   06 May 2015   USA  
Bank of America announced on Wednesday that it is backing away from its investments in coal mining operations. (AP Photo/Mark Lennihan) | Mark Lennihan/AP
<p>WASHINGTON -- Bank of America is cutting off its financing for coal extraction projects, the company announced at its shareholder meeting Wednesday.</p> <p>"With regard to coal, over the past several years, we have been gradually and consistently reducing ...
Filed under: Mining News