Coal Age

OCT 2018

Coal Age Magazine - For more than 100 years, Coal Age has been the magazine that readers can trust for guidance and insight on this important industry.

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Page 13 of 51

12 October 2018 news continued November 6-8, 2018 Pittsburgh, PA The MetCoke World Summit focuses on the coke, coal and steel industries, with expert speakers covering topics such as import/export WDULV UHFHQW WUHQGV ZLWKLQ WKH LQGXVWU\ PDUNHW RYHUYLHZV JOREDO expectations, transportation and logistical evolutions, and more. 1HZ IRU 7KH NH\QRWH DGGUHVV IURP 6WHOFR +ROGLQJV ΖQF ZLOO present a Market Overview and Factors for Global Economic Growth. 'HOLYHUHG E\ $ODQ .HVWHQEDXP ([HFXWLYH &KDULPDQ DQG &(2 IRU ERWK6WHOFR+ROGLQJVΖQFDQG%HGURFNΖQGXVWULHVDSULYDWHO\IXQGHG PHWDOV PLQLQJ DQG QDWUXDO UHVRXUFHV FRPSDQ\ ZKR RZQV DQG operates integrated steel manufacturing facilities in North America. It's (Met Coke World Summit) the one time each year that all the experts in coke come together SunCoke Energy Met Coke World Summit is an excellent opportunity to meet key people in the business and get updates on the latest trends. Very informative and well-arranged. ArcelorMittal MetCoke World Summit 2018: From Pit-To-Port And Beyond A variety of jobs are being offered, with the highest paying wages in the coal sector, along with a newly redesigned bonus program, the company said. A new red hat training program for a small number of inexperienced workers is also being initiated. "Because of its extremely high-quality coal, Bluestone provides long-term job security, even if the market turns down," said Justice. Bluestone has been a family operation since it began in 1971. For more information on the job openings, visit Bluestone Re- sources Inc. on Facebook, email a resume, along with desired posi- tion, to or call (304) 956-0765. NRP, Foresight Resolve Legal Dispute Natural Resource Partners (NRP) and Foresight Energy recently settled litigations regarding Foresight Energy's Hillsboro Energy Deer Run mine and Foresight Energy's Macoupin Energy Shay mine. Upon execution of fi nal documents, NRP will receive a payment of $25 million from Foresight Energy in consideration of disputed past due amounts. In addition, NRP and Foresight Energy will amend the Hillsboro Energy coal mining lease to pro- vide $11 million of non-recoupable annual minimum payments to NRP and extend the current lease term through the end of 2033. All claims will be dismissed in both the Hillsboro Energy and Macoupin Energy litigations. "These agreements represent a favorable outcome for NRP and an important step in advancing our business relationship with Foresight," said Craig Nunez, president and COO of NRP. "We look forward to continuing our long-term partnership with them." NRP, a master limited partnership headquartered in Houston, Texas, is a diversifi ed natural resource company that owns inter- ests in coal, aggregates and industrial minerals across the United States. A large percentage of NRP's revenues are generated from royalties and other passive income. "We are pleased to have reached a mutually benefi cial reso- lution in these lawsuits. These agreements provide us with long- term control of our coal reserves and operational fl exibility at Hillsboro Energy's Deer Run mine. We look forward to continuing our relationship with NRP in the future," said Robert D. Moore, president and CEO, Foresight Energy. Foresight Energy is a leading U.S. coal producer, controlling more than 1.7 billion tons of coal reserves in the Illinois Basin. Fore- sight Energy currently operates two longwall mining complexes with three longwall mining systems, Williamson (one longwall mining system) and Sugar Camp (two longwall mining systems), one con- tinuous mining operation (Macoupin), and the Sitran river terminal on the Ohio River. Foresight's operations are strategically located near multiple rail and river transportation access points, providing transportation cost certainty and fl exibility to direct shipments to the domestic and international markets. Foresight Energy also owns coal interests and mining assets located in southeastern Ohio. JRL Achieves Production Milestone JRL Coal Inc. has completed the shipment of more than 1 million tons of thermal coal as its payroll reaches 200 employees since beginning operations in June 2017.

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