Page 3 - Deep Mine News Today

This increase in the usage of diesel was due to frequent power outages and unstable supplies from ZESA, the national electricity utility company, which led to increased use of diesel-generated electricity. The Blanket Mine has installed 18 MVA of standby diesel generators. Blanket Mine's 2021 ESG Report says that the mine consumed 3,984,756 liters of diesel in 2021 and its

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Dorsey Wright & Associates increased its stake in Alpha Metallurgical Resources, Inc (NYSE:AMR – Get Rating) by 15.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,226 shares of the energy company’s stock after purchasing an additional 304 shares during the quarter. Dorsey […]

Alpha Metallurgical Resources, Inc (NYSE:AMR – Get Rating) shares hit a new 52-week high during trading on Monday . The stock traded as high as $131.15 and last traded at $128.85, with a volume of 6917 shares traded. The stock had previously closed at $116.15. Several research analysts have recently commented on the company. Zacks […]

Alpha Metallurgical Resources, Inc (NYSE:AMR – Get Rating) traded up 9% during trading on Wednesday . The company traded as high as $105.87 and last traded at $105.87. 9,801 shares were traded during trading, a decline of 97% from the average session volume of 340,106 shares. The stock had previously closed at $97.14. A number […]

Over the past decade, U.S. coal production has fallen by half as utilities switched to cheaper natural gas or renewable energy. But this year, demand is up for a different kind of coal.

Over the last ten years, U.S. coal production dropped by fifty percent as utilities switched to cheaper natural gas or renewable energy. Now, however, some mining companies report a big bump in orders.

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