CA-Black-Transp

Foresight Reaches Debt Restructuring Deal

For the second time, Illinois Basin-focused producer Foresight Energy has come to an agreement with its bondholders to restructure more than $600 million in debt.

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Paringa Amends Sales Deal While Switching Up Strategy

Following a change in its strategy that will see the Buck Creek No. 2 operation developed before the larger No. 1 project, Paringa Resources has confirmed it amended its coal sales contract with Louisville Gas and Electric Co. (LG&E) and Kentucky Utilities Co. (KU) to parallel the change in direction.

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Hatfield Found Dead; 3 Arrested in Homicide

Longtime coal executive Bennett “Ben” Hatfield, 59, was found dead early Monday morning at a southern West Virginia cemetery, the victim of a failed robbery attempt.

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Isaac Plains Mine Reopens

The formerly mothballed Isaac Plains operation in Australia’s Bowen Basin reopened on May 18, making its owner, Stanmore Coal, the country’s newest producer of coking coal.

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Legislators Introduce Certainty for States and Tribes Act

A group of U.S. senators and representatives from Wyoming and Montana have introduced new legislation that would give states and tribes a louder voice in future changes to federal policies for coal, oil and gas.

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