Allegiance takes over Drummond’s Short Creek

Australian miner Allegiance Coal, which is growing its operational presence in the United States, said in late October it plans to acquire Drummond Coal’s Short Creek underground mine outside of Birmingham, Ala.  The $4.4 million cash transaction for the Tier 1 hard coking asset also includes $11.5 million to replace the mine’s state reclamation bond. Allegiance noted the acquisition will…

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Adapting to the future

By Donna Schmidt Say what you want about the mining industry, it is nothing if not adaptable – be it to the market, the waves of technology and pressures of the future, cost changes, regulatory expectations and any other number of elements that play a role in the success or failure of any operation. This is also true – and…

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