TITLE

WESTMORELAND ACQUIRES SHERRITT'S COAL OPERATIONS

PUB. DATE
January 2014
SOURCE
Coal Age;Jan2014, Vol. 119 Issue 1, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the acquisition of the Prairie and Mountain coal mining operations of Canadian resource company Sherritt International Corp. by energy company Westmoreland Coal Co. The acquisition include a char production facility, an activated carbon plant's 50% interest and seven thermal coal mines in Saskatchewan and Alberta. According to Westmoreland chairman Keith E. Alessi, the acquisition represents a transformation to their existing expertise and operations.
ACCESSION #
94422455

 

Related Articles

  • Sherritt sells US operations.  // Coal International;Jan/Feb2014, Vol. 262 Issue 1, p8 

    The article reports on the acquisition of Canadian resource company Sherritt International Corp.'s Prairie and Mountain coal mining operations by U.S. energy company Westmoreland Coal Co. for $435 million.

  • Sherritt Exits Coal With $891 Million Sale of Mining Assets. Casey, Simon; Elmquist, Sonja // Mergers & Acquisitions Report;12/30/2013, Vol. 28 Issue 52, p5 

    The article reports on the move of Canadian energy and mining company Sherritt International Corp. to sell assets including all of its coal interests for 946 million Canadian dollars. Sherritt's coal-development assets and mining-royalty interests will be acquired by a group led by Altius...

  • Westmoreland Coal Ratings Under Review. Fest, Glen // High Yield Report;12/30/2013, p11 

    The article reports that Moody's Investors Service's move to place Westmoreland Coal's corporate profile and its 275 million U.S. dollars in C-level rated notes under review for a possible downgrade is attributed to the company's acquisition of a troubled mine operation responsible for a coal...

  • WESTMORELAND BUYS MONTANA POWER.  // Coal Age;Nov2000, Vol. 105 Issue 11, p14 

    Reports on the agreement of Westmoreland Coal Co. to acquire the coal business unit of Montana Power Co. Value of the acquisition; Reason for the acquisition of the business unit; Significance of the transaction on Westmoreland.

  • Westmoreland to Acquire Kemmerer Mine.  // Engineering & Mining Journal (00958948);Jan2012, Vol. 213 Issue 1, p20 

    The article reports that the Kemmerer mine of Chevron Mining Inc. in the Hams Fork Region of southern Wyoming will be purchased by Westmoreland Coal Co. for 179 million dollars plus approximately 14 million dollars in working capital.

  • SHERRITT, FROM FIDEL CASTRO TO KING COAL?  // Coal International;May/Jun2001, Vol. 249 Issue 3, p106 

    Reports on a hostile bid made by Sherritt International Corp. for Luscar Coal Income Fund. Role of Sherritt head Ian Delaney in the deal; Price per unit offered by Sherritt; Outlook for coal in North America.

  • Westmoreland acquires coal mine.  // Mining Engineering;Feb2012, Vol. 64 Issue 2, p20 

    The article reports on the purchase of Chevron Mining's Kemmerer coal mine in Wyoming by the Westmoreland Coal Company.

  • WESTMORELAND COAL REPORTS SUBSTANTIAL REDUCTION IN LOSSES.  // Coal International;Nov2000-Dec2000, Vol. 248 Issue 6, p226 

    Reports the improvements of the net profits of Westmoreland Coal Co. for the third quarter of 2000. Reduction of the net losses; Information on Westmoreland; Business transactions of the company.

  • Mine Site Technologies' new office in Ontario.  // Mining World;Feb2012, Vol. 9 Issue 1, p6 

    The article reports on the plan of Westmoreland Coal Co. to rent 8,800 acres of private coal, representing an approximated 158 meter (m) tons of Rosebud McKay coal resources next to its Absaloka mine in Hardin, Montana in 2012.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics