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 takes over Drummond’s Short Creek
