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consol energy sale of coal mines

CONSOL Energy Sells Coal Assets, Suspends Dividend …

CONSOL Energy said Monday morning that it has agreed to sell its Buchanan mine in West Virginia and certain other of its metallurgical coal reserves

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Consol sells coal property | Money | register-herald.com

Coronado IV LLC agreed Monday to purchase a number of coal mining properties from Consol Energy Inc.'s for $420 million.

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CONSOL Energy selling 5 coal mines - wtae.com

CONSOL Energy has struck a $3.5 billion deal to sell all five of its longwall coal mines in West Virginia, as well as its river and dock operations, …

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CONSOL Energy Enters into Agreement to Sell its …

CONSOL Energy Enters into ... with respect to the proposed sale of the Buchanan and Amonate mines and other coal ... CONSOL Energy Closes on Sale of the Buchanan ...

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CONSOL Energy Closes on the Sale of its Five West …

CONSOL Energy Closes on the Sale of its Five West Virginia Longwall Coal Mines to Murray Energy

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Is CONSOL Energy a Buy? - finance.yahoo.com

Last year was pretty good to CONSOL Energy, thanks in large part to a stabilizing coal market in the United States and increased appetite for American coal overseas. In 2015 and 2016, the company's coal exports averaged 5.5 …

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Consol Mines the Trump Rally to Exit Coal - …

Mar 03, 2017 · Consol Mines the Trump Rally to Exit Coal. ... Liam Denning is a Bloomberg Opinion columnist covering energy, mining and commodities.

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The Deal: Consol Energy Sells Coal Mines for $3.5B …

Collectively, the mines produced 28.5 million tons of thermal coal last year, Consol said. The divested production makes up about 51% of Consol's production, which totals 42.5 million. The reserves amount to 1.1 billion.

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Consol selling West Virginia coal mines to Murray Energy …

Consol Energy Inc. said Monday it is selling all five of its longwall coal mines in West Virginia to a ... gas and the overseas sale of coal — while ...

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Consol Energy - Wikipedia

Looking to invest in coal reserves in North America, Rheinbraun A.G offered Dupont stakes in coal mines and $890 million in 1991 to join in an equal part joint venture creating Consol Energy. Despite the cost of coal dropping in the 1990s, Consol's long-term contracts and investments in longwall mining techniques allowed the company to …

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Consol selling Buchanan Mine in Va. for $420M | …

Consol Energy Inc. is taking another step in its transition to a purely natural gas producer with the pending sale of its Virginia metallurgical coal ...

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Investors dump Consol after coal mine sale, but …

Oct 28, 2013 · Consol will also receive about $184 million in future royalty payments for shipping the coal out of a terminal in Baltimore. The mines are estimated to hold about $1.1 billion in coal reserves. Consol hopes to to save about $65 million a year in administrative costs.

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Consol sells coal property | Money | register-herald.com

Consol recently sold a Utah coal mine to an undisclosed purchaser. Two years earlier, the Pittsburgh-based energy company sold five West Virginia mines to Murray Energy Corp. for approximately $3.5 billion.

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Kirkland Reps Murray Energy In $3.5B Consol Coal Mines …

Coal giant Murray Energy Corp. on Monday agreed to buy a Consol Energy Inc. unit that owns five coal mines in West Virginia for $3.5 billion, as Pennsylvania-based Consol continues to shift its focus toward expanding its natural gas production.

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Consol Sells Coal Mines, to Boost Gas Production …

Consol Sells Coal Mines, to Boost Gas Production. ... which contains all five of its longwall coal mines ... As a separate action following the sale, CONSOL Energy ...

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Consol Energy Moves Ahead With Coal Divestment …

Publicly-owned Pittsburg-based fossil fuel energy company Consol Energy is ... sale of the coal business to a ... thermal coal mining companies that ...

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Consol selling West Virginia coal mines to Murray Energy …

Consol Energy Inc. said Monday it is selling all five of its longwall coal mines in West Virginia to a subsidiary of Ohio-based Murray Energy for a …

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The Deal: Consol Energy Sells Coal Mines for $3.5B …

Murray Energy paid mostly in assumption of liabilities as Consol ... -- Pittsburgh coal and natural gas producer Consol Energy ... the sale of these five mines ...

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If CONSOL Energy Inc. Dumps Its Coal Biz, What's …

Hoping to right the ship in the new year, CONSOL confirmed that it is "pursuing ... the possible sale of the coal business to a third party or the spin-off of the coal business to CONSOL's shareholders," and hopes to effect such a …

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Consol Energy closes on sale of two West Virginia coal …

Consol Energy has closed the sale of two coal mines in southern West Virginia. The Pittsburgh area company sold the still-operating Miller Creek and the closed Fola coal mines.

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CONSOL sells last of West Virginia mines - Coal …

And now CONSOL, long a mainstay of West Virginia's coal industry, has dropped this announcement, as reported by Taylor Kuykendall: CONSOL Energy Inc. plans to divest itself of its Miller Creek and Fola mines in West Virginia, the last two coal mines the company held in Central Appalachia, by paying another producer $44 million to take …

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CONSOL Energy - SourceWatch

In April 2011, CONSOL Energy said production at its Coal Division had reached 17.2 million tons for the quarter, the highest since 2008. The company expected its 2011 coal production to be about 60-62 million tons. Longwall mining. Consol Energy is the largest producer of underground coal mining in the United States.

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Consol selling Buchanan Mine in Va. for $420M | …

The sale to Coronado includes Consol's idled Amonate Mine in southern West Virginia and southwest Virginia, and some untapped reserves in Virginia and Pennsylvania. Coronado, which has offices in Wilton, Conn., and Rupert, W.Va., formed in 2011 and operates met coal mines in southern West Virginia.

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Consol to Sell 5 Coal Mines to Murray - The New …

Oct 29, 2013 · The energy company, which is selling the automated mines to Murray Energy, says it will focus on natural gas production and coal export.

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CONSOL to sell 5 mines for at least $850M in cash …

CONSOL Energy Inc. said Monday, Oct. 28, 2013, it is selling all five of its longwall coal mines in West Virginia to a subsidiary of Ohio-based Murray Energy for a deal that includes $850 million in cash.

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