Powder River Basin coal production continues falling

Posted on December 31, 2020Categories oimdzshwTags , , , , , , , , , , ,   Leave a comment on Powder River Basin coal production continues falling

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Coal mines in the Powder River Basin bounced back from the rain-soaked second quarter, increasing production 18.9% in the third quarter, but still saw year-over-year declines. Ten of the top 16 mines reported production decreases from 2017, lowering the region’s output by 5% to 86.6 million tons, according to data compiled by S&P Global Market Intelligence.Despite reporting a $41.5 million net loss in the third quarter and filing for bankruptcy in October, Westmoreland Coal Co. saw significantly higher production levels at two of its mines in the third quarter than in the second. The Absaloka mine posted a 33.7% production increase, the largest among the basin’s top performers, producing 1.1 million tons. The Rosebud mine, which the company plans to sell alongside its other core assets, saw a 22.4% quarter-over-quarter uptick but the largest year-over-year percentage decline among the top producers with a 29% decrease to 1.8 million tons.The effects of the second-quarter rains carried over into Cloud Peak Energy Inc.’s third-quarter production. The company reported in an Oct. 25 earnings call that the moisture caused instability in its Antelope surface mine’s dragline pits. As miners removed coal from the pits, wet spoil would shift down into the pit and block the coal. CEO Colin Marshall said the company anticipates that fourth-quarter shipments will be constrained but “there’s no reason why Antelope can’t perform the way it should next year.” The pits are expected to “return to their normal cycle” by the end of 2018.Antelope had the second-largest year-over-year production drop during the period, with a 26% decrease to 5.8 million tons. The company’s Spring Creek mine produced 5.3% less coal year over year with 3.7 million tons, and the Cordero Rojo mine’s production dropped 10.5% to 3.4 million tons. All three saw at least a slight improvement over the second quarter’s production levels, with the Antelope mine posting an 18.6% quarter-over-quarter uptick.Peabody Energy Corp.’s North Antelope Rochelle mine, the largest coal mine in the country, posted a 22% uptick from the second quarter to 26 million tons, though levels were down 6.3% from the year-ago period. Its Caballo and Rawhide mines also saw production increases from the second quarter, rising 16.2% to 3.1 million tons and 29.3% to 2.4 million tons, respectively.More ($): Powder River Basin Q3 coal output improves from Q2 but down 5% from year ago Powder River Basin coal production continues fallinglast_img read more

Size matters: UW towers over Savannah State

Posted on September 17, 2020Categories znvbmgteTags , , , , , , , , , , ,   Leave a comment on Size matters: UW towers over Savannah State

first_imgPress doesn’t phase BadgersFor the first time this season, exhibition games included, the Badgers were faced with full court pressure as the Tigers attempted to make up for their lack of size with an on-and-off press.”We were calm, we were cool customers,” guard Trevon Hughes said of how UW responded. “We practiced [the press], we know that’s what [Savannah State] was going to do.”We handled it pretty well.”Though UW was ultimately able to break through with ease in the second half, the press did slow the team down initially, and even forced a couple of Badger turnovers. Still, Ryan didn’t seem too concerned.”We were fine,” Ryan said. “We had some guys at some spots simply because the way we were subbing that wasn’t the most normal positions.”We did okay.”Bench sees playing time in routWith the game in hand late in the second half and with two more on tap over the next couple of days, the Badgers were able to go deep down the bench to get players in.Freshman Tim Jarmusz saw his first action of the season and ended speculation that the newcomer would redshirt this year.”What Tim showed the last few days of practice determined for him and his family and also coach Ryan that a redshirt isn’t needed for him and that he is ready to play,” Krabbenhoft said. “He proved to all of us early on, even in the summer that he was ready to play. … He made some huge strides the last couple of weeks.”In three minutes of play the guard committed one foul and did not take any shots. Jarmusz’s lack of shots may likely have come from the late-game entrance of redshirt freshman J.P. Gavinksi. The 6-foot-11 center launched three shots in just four minutes of action, including a 3-pointer that could not find its way in.”That’s a record number of shots in the shortest period of time in the history of the University of Wisconsin,” Ryan joked after the game. “We had a good chuckle in the locker room.”J.P.’s got a good sense of humor.” Towering over its opponents, it is no surprise the Wisconsin men’s basketball team had little trouble dominating Savannah State Thursday night.The Tigers’ tallest starter, forward Lazarius Coleman, stands at just 6-foot-8. Compare that to Badger starters Greg Stiemsma and Brian Butch, who each measure 6-foot-10. Marcus Landry and Joe Krabbenhoft are also 6-foot-7. The Tigers’ leading rebounder from Thursday night, with six, Joel Davilla is just 6-foot-3.”Right out from the start, looking at the matchups, we had definite size advantage,” Stiemsma said.Over the next 40 minutes Wisconsin proceeded to exploit its decided size advantage, out-rebounding Savannah State 51-27 and notching nine blocks to one for its counterpart.”They were pretty athletic, they were quick, but I think overall our size and overall length over took their athleticism,” Stiemsma said.By attacking the basket with size, UW was able to pick up early fouls from its overmatched opponent, allowing the team to get to the line often. The Badgers shot 35 free throws over the course of the game.”That’s our first goal, to score inside and get free throws early,” Steimsma said.Really, the only surprise was the inside play of Butch, who struggled for the second-straight game in putting baskets in down low.”He’ll be fine,” Ryan said of Butch, showing little concern over his big man’s shooting.The senior shot just 4-of-12 from the field for the game with two of his missed shots coming from behind the 3-point line.last_img read more