Peabody Energy Announces New Business Development and Law Appointments

Peabody Energy announced today two new leadership appointments: Murray Hundleby has been named Vice President and Chief Legal Officer – Australia, and Rebecca L. Kujawa has been promoted to Vice President – Business Development. In this new position, Hundleby will lead the law department supporting Peabody’s Australian business platform from... 

Newly Released JORC Compliant Resource Estimate Quadruples Resource Inventory for Sharyn Gol Operations

The directors of Sharyn Gol JSC are pleased to announce the final results of the 2010 JORC Resource Estimate undertaken by independent geological consultants for the Sharyn Gol Mining Project.HIGHLIGHTS * JORC Compliant Coal Resource totaling 374 Mt reported. * 190.5 Mt Measured, 84.4 Mt Indicated and 98.9 Mt Inferred JORC Categories. *... 

Companies West Group Inc. Implements New Initiatives to Fund Long Term Renewable Energy Solutions

Companies West Group Inc. continues to exploit diverse natural energy resources to fund the company’s long term goal of providing alternative energy solutions. The company has recently engaged in the coal mining sector and will now employ the profits acquired from crude oil production. Companies West has and will continue to use the most current... 

Homeland Energy and GMR Extend Share Delivery Date to Finalize Alternative Transaction

Homeland Energy Group Ltd. announces that GMR Energy Limited, of Bangalore India, and Homeland Energy have agreed to a further extension of the completion date by which Homeland Energy Corp. must complete the repurchase of the shares of the Company’s South African operations from GMR. The extension to February 7, 2009 is expected to allow the... 

Massey Energy Names New Company President

Massey Energy announced that its board of directors has elected Baxter F. Phillips, Jr. to be president of the company, a position formerly held by Don L. Blankenship. Blankenship will continue to serve the company as chairman and CEO. Phillips most recently served as executive vice president and chief administrative officer of the company. In his new... 

PBS Coals Limited Announces Agreement With Severstal for Take Up and Pay of C$8.30 Offer

PBS Coals Limited announced that the Company’s principal shareholders and the Company have reached an agreement with Mining Holding Company LLC, a holding company in OAO Severstal’s Resource Division and 7027940 Canada Limited, a subsidiary of Severstal Resources, pursuant to which the Offeror has agreed to take up and pay for all common... 

NEMI and Aviva to merge, creating a growth-oriented international coal and energy business.

NEMI Northern Energy & Mining Inc. and Aviva Corporation announce that they have entered into a merger implementation agreement to combine the businesses of the two companies to create a new growth-oriented international coal and energy group. The combined entity will provide investors with exposure to operating and development stage assets across... 

CONSOL Energy Announces Share Repurchase Plan

The CONSOL Energy Inc. Board of Directors, at its regularly scheduled meeting, has authorized a share repurchase program of up to $500 million of the company’s common stock during a 24 month period beginning September 9, 2008. The repurchases will be made from time to time, and will be based on a number of factors, including: the company’s... 

Textron Reaches Agreement to Sell Fluid & Power Unit to Clyde Blowers for up to $645 Million

In a significant move, further advancing its portfolio strategy, Textron Inc. announced that it has reached a definitive agreement to sell its Fluid & Power business unit to Clyde Blowers Limited, a UK-based worldwide leader in the areas of power, materials handling, intermodal transport and logistics and pump technologies, for up to approximately... 

Homeland Energy Purchase of Appolo Fuels to Add 114 Million Tons Measured & Indicated Coal to Homeland’s Global Resource

Homeland Energy Group Ltd. report the receipt of initial results of a mineral resource study relating to Homeland’s recently announced acquisition of Appolo Fuels, Inc. (Appolo) (see Homeland Energy press release August 27, 2008). The resource estimation is being performed by Norwest Corporation’s (Norwest) Charleston, West Virginia office...