CA-Black-Transp

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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Settlement Approved With Southern Coal

Late last week, a federal judge approved a settlement that required pollution reductions and a civil penalty of $900,000 by Southern Coal Corp. and 26 affiliated mining companies owned by West Virginia Gov.-elect Jim Justice.

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DOI Finalizes Stream Protection Rule

On December 19, the U.S. Department of the Interior (DOI) released final regulations to the stream protection rule, which is intended to prevent or minimize impacts to surface water and groundwater from coal mining. The final rule updates 33-year-old regulations with stronger requirements for surface coal mining operations.

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Texas Mineral Resources Signs Extension With Jeddo Coal

Texas Mineral Resources Corp. (TMRC), an exploration company targeting the heavy rare earths and a variety of other high-value elements and industrial minerals, signed an extension to the memorandum of understanding (MOU) executed in July with Pagnotti Enterprises, parent of Jeddo Coal Co., to evaluate the potential to recover and produce scandium and other rare earth byproducts from sedimentary rocks associated with the coal deposits. Jeddo Coal Co. and its affiliates have been in the anthracite mining business for more than 80 years and Jeddo remains a major producer of anthracite coal with active mining and preparation operations at the Jeddo Basin near Hazelton, Pennsylvania.

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Trump Taps Gov. Perry for DOE Secretary, AG Pruitt for EPA Admin

President-elect Donald J. Trump recently announced his intent to name former Texas Gov. Rick Perry as secretary of the U.S. Department of Energy and Oklahoma Attorney General Scott Pruitt to serve as the administrator of the Environmental Protection Agency.

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