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Calgary, Alberta · CalgaryAtrum Coal Ltd. prevailed in its lawsuit with the provincial government of Alberta, Canada. The coal company agreed to discontinue its claim alleging, among other things, the de facto expropriation of its Elan Coal leases, and to surrender the Elan Coal leases back to the Government of Alberta in exchange for payment of C$142.8 million ($104.7 million). The government will retain C$6 million ($4.4 million) of the payment until reclamation work r…Read Article
Alberta Settles with Atrum Coal for $104M
Donald Trump · AlabamaIn a move that they say aligns with President Trump’s vision for restoring U.S. industrial strength, PJKT 72 and Contract Highwall Mining (CHM) have officially launched the first phase of a metallurgical coal prospecting initiative in Jackson County, Alabama. MetWave Mining Co., a company owned by PJKT 72, has authorized CHM to file a prospecting permit with the State of Alabama, marking the first formal step toward full-scale development of its…Read Article
