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Corsa Increases Met Coal Guidance

Corsa Coal offered an update on metallurgical coal production figures for 2017 and said the Acosta deep mine remains on schedule for coal production beginning early in the second quarter of 2017. 

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Greens Hollow Coal Tract Receives Bid of $22.9M

On January 4, the Bureau of Land Management (BLM) held a competitive coal lease sale by sealed bid for the Greens Hollow Coal Tract, a 6,175.39-acre area in Sanpete and Sevier counties, Utah. The site is estimated to contain approximately 55.7 million tons of recoverable coal and is adjacent to the SUFCO mine, which contains other federal coal leases.

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4 New Met Mines Planned for Pennsylvania

At least four new underground metallurgical coal mines are planned for Pennsylvania in 2017 as the industry looks to take advantage of rising demand and prices for met coal both domestically and internationally after spending several years in the doldrums.

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US Mining Deaths Drop to New Low in 2016

The number of mining deaths in 2016 is the lowest ever recorded, at 25, according to data released by the U.S. Department of Labor’s Mine Safety and Health Administration. This is down from 29 in 2015. It is also only the second year that mining deaths dropped below 30. Currently, approximately 330,000 miners work in more than 13,000 U.S. mines.

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Peabody Energy Files Plan of Reorganization Following Bankruptcy

Peabody Energy announced on December 22 it has filed its plan of reorganization with the U.S. Bankruptcy Court for the Eastern District of Missouri, representing another step in its Chapter 11 process.

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