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

ICC World Cup ICC Cricket World Cup 2019: Shoaib Malik’s ‘exclusion’ from West Indies game raises questions

Posted on September 19, 2020Categories oimdzshwTags , , , , , , , , , , , ,   Leave a comment on ICC World Cup ICC Cricket World Cup 2019: Shoaib Malik’s ‘exclusion’ from West Indies game raises questions

first_img For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. In Pakistan’s slump since the ICC Champions Trophy, Malik has been in poor form and his selection raised questions. In 23 ODIs before the England series, he managed just 13.6 and scored just one fifty which was in the 0-5 whitewash against Australia. He was even appointed a captain for two games in South Africa after Sarfaraz Ahmed was banned for two games for racially abusing Andile Phehlukwayo in an ODI.The inclusion of Amir and Riaz has also been questionable. Riaz, who did not play an ODI for close to two years, took three wickets in the warm-up game against Afghanistan while Amir has taken only three ODI wickets in the last year. Pakistan faces a West Indies side who are on the resurgence. In 10 World Cup encounters between the two sides, West Indies hold a massive advantage of 7-3 against Pakistan. With so much going against Pakistan, they head into this contest low on confidence and momentum. A loss in the opening game will make matters hard for Pakistan, considering their next match is against England who made a big statement of intent with a 104-run win against South Africa. Pakistan last won against the West Indies in the 2011 World Cup.Wahab Riaz has not played an ODI for the last two years.West Indies have a 7-3 head-to-head advantage against Pakistan in World Cups. highlights New Delhi: Pakistan is all set to open their ICC Cricket World Cup 2019 campaign against West Indies at Trent Bridge. Sarfaraz Ahmed’s side has not had an ideal build-up heading into the tournament, losing nine out of 10 ODIs with one game being a no-result against England due to rain. Ever since their win in the ICC Champions Trophy 2017, Pakistan has won just nine out of 32 ODIs. Heading into the clash against West Indies, the Pakistan cricket team are under pressure and it has reflected in their team selected for the match against the Windies.According to Pakistan cricket team sources, the squad sees the exclusion of Mohammad Hasnain and Shaheen Afridi but there have been plenty of questions raised over the exclusion of Shoaib Malik, who is potentially playing his last World Cup match. Malik had missed the first Twenty20 International and one ODI against England before the World Cup as the Pakistan Cricket Board granted him leave for 10 days to sort out certain ‘personal issues’.last_img read more