Growing coal operation New Elk near Trinidad, Las Animas County, Colo., has completed its first loading of a second unit train, according to mine owner Allegiance Coal. The Australian-based miner said the train, pulled by Union Pacific locomotives, is being leased by New Elk. UP crewed up the train and pulled out of the Jansen rail loading facility the morning…
Read MoreAustralian-based, U.S.-focused coal producer Allegiance Coal has tapped Jonathan Romcke as its chief executive officer and company director.
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Allegiance Coal, the new owner of the New Elk coal operation in southeastern Colorado, said the first cargo ship of steel coal from the mine left the mainland en route to its Chinese customer in late November. While the operator did not identify the specific customer in China, is did say the order left the Port of Guaymus in northern…
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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…
Read MoreAllegiance Coal, the new owner of the New Elk coal operation in southeastern Colorado, said the first cargo ship of steel coal from the mine has left the mainland en route to its Chinese customer.
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Australian miner Allegiance Coal, which is growing its operational presence in the United States, has confirmed it will acquire Drummond Coal’s Short Creek underground mine outside of Birmingham, Ala.
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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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Australian miner Allegiance Coal has confirmed it is acquiring privately held U.S. producer Black Warrior Minerals (BWM), owner of the BWM mine in Alabama, after raising the capital to cover the purchase price and associated costs.
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