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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 […]