31 Dec

U.S. coal companies White Stallion and Lighthouse Resources file for bankruptcy

first_img FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Two more U.S. coal mining companies have filed for bankruptcy as producers across the country struggle to sell coal into the troubled thermal coal market.White Stallion Energy LLC and Lighthouse Resources Inc. filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware on Dec. 2 and Dec. 3, respectively. Both companies are looking to sell their assets through a bankruptcy reorganization sale process. Each reported estimated assets of between $100 million and $500 million with liabilities in the same range.Lighthouse, which is headquartered in Utah, operates the Decker mine in Montana and owns various other coal assets. Lighthouse produces low sulfur thermal coal with a focus on power generation markets in Asia. Decker produced 3.6 million tons of coal in 2019, according to U.S. Mine Safety and Health Administration data.Lighthouse faced numerous legal and regulatory obstacles and public opposition in its attempt to develop the Millennium Bulk Terminals-Longview LLC property in Washington into a coal export facility. The effort, which has already taken over eight years, could have bolstered the company’s access to Asian coal demand as domestic appetite for the fuel has waned.White Stallion was founded in 2010 to develop and operate surface mining complexes in Indiana and Illinois. It grew by acquiring coal companies and mines in the region, eventually reaching annual coal sales of 7 million tons and generating $26 million in EBITDA in 2019.The company operates six surface mines producing thermal coal from the Illinois Basin. Its largest customer is Duke Energy Corp. subsidiary Duke Energy Indiana LLC, which accounted for 70% of the coal company’s cash receipts in the nine months leading up to the bankruptcy filing.[Taylor Kuykendall]More ($): 2 U.S. coal companies file for bankruptcy, plan asset sales U.S. coal companies White Stallion and Lighthouse Resources file for bankruptcylast_img read more

24 Sep

Free medication to those interested in quitting smoking

first_imgINDIANAPOLIS, Ind. — Indiana is starting a new promotion that will allow smokers to obtain free medication to help them quit smoking.The promotion, which is scheduled to run through April 2 or until supplies run out, will encourage smokers to call the Indiana Tobacco Quitline at 800-QUIT-NOW for free help in getting medication.To participate in the free offer, tobacco users must enroll in the Indiana Tobacco Quitline, which will provide a trained coach who will work to create a personalized quit plan.According to the Centers for Disease Control, smoking is the leading preventable cause of disease and death in the United States.Approximately 20 percent of Indiana adults smoke, and smoking kills 11,100 Hoosiers each year.More than 330,000 Hoosiers live with smoking-related diseases.last_img read more

19 Sep

TTFA could reveal a new national men’s coach this week

first_imgPORT OF SPAIN, Trinidad (CMC) – A new national men’s senior coach could be announced as soon as this week, the Trinidad and Tobago Football Association has said.Speaking in the wake of the latest fiasco surrounding the position, FA president David John-Williams said he did not expect the search for a new head coach to be a protracted one.“I feel within the next three to five days we will have a new coach,” John-Williams said in an interview last weekend, without hinting at any likely candidate.Since the shock resignation of Belgian Tom Saintfiet almost a week ago, several names have emerged to fill the vacant position.In a letter sent to the FA, the current group of 23 national players called for the return of the popular Stephen Hart who was sacked only last November, following a series of poor results.The players also put forward the names of W Connection’s Stuart Charles-Fevrier, former England defender and experienced coach Terry Fenwick and former national player and local coach Angus Eve.Colombian Francisco Maturana, who has coached T&T in the past, is also said to be among the candidates to replace Saintfiet.Regardless, the FA’s new choice will face an uphill task with Trinidad and Tobago winless in the ongoing CONCACAF final round of qualifiers for next year’s World Cup in Russia.Last November, they went down 2-0 to Costa Rica before crashing to a 3-1 defeat to Honduras days later. They face Panama and Mexico in their next set of qualifiers in late March.National goalkeeper Jan-Michael Williams, who has spoken on behalf of his teammates in recent days, said there was still belief T&T could reach the World Cup.“The dream is still alive obviously and I think we know as players that we have a lot of work to do,” Williams said.Saintfiet stepped down as head coach after just five weeks and four games in charge, citing a lack of support from the local FA as one of his main reasons.last_img read more

19 Sep

Cricket News Rishabh Pant shatters batting records in century at Sydney vs Australia

first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Rishabh Pant shattered some records when he blasted his second century on day 2 of the fourth and final Test against Australia in Sydney. Pant let his bat do the talking as he boosted India towards a massive total. Pant’s century shattered plenty of records for an Indian wicketkeeper and his exploits have taken India one step closer to achieving a rare Test series against Australia in a series Down Under. The Delhi keeper shattered a new world record for wicketkeepers as he took his 20th catch of the series between India and Australia during the Boxing Day Test in Melbourne. In Adelaide, he took the joint-most number of catches in a Test with 11, equaling the mark set by England’s Jack Russell and South Africa’s AB de Villiers.However, in Sydney, he created plenty of batting records. Pant became the first Indian wicketkeeper in history to score a century in a Test in Australia. The previous best was 89 by Farokh Engineer in the first Test in Adelaide in 1967. With his second century, Pant became the first Indian keeper ever to hit two centuries overseas. His previous century was in The Oval Test against England when he hit 114. Wriddhiman Saha, Vijay Manjrekar and Ajay Ratra have hit centuries in West Indies while MS Dhoni hit 148 in Pakistan. Things got better for Pant as he blasted a maiden 150, becoming the first Indian keeper and 12th overall to score 150+ in an overseas Test.Read More | Rishabh Pant, ace sledger, blasts second ton in Sydney TestIn his knock of 114, Pant also became the first Indian keeper to hit a century in England. The previous best was by Dhoni in 2007 when he blasted 92 at The Oval in a series where only Anil Kumble was the lone centurion. Pant joins an elite list of wicketkeepers who has scored more than two centuries in overseas Tests. Moin Khan and Mushfiqur Rahim are the others who have achieved this feat.Read More | India vs Australia, live cricket score: Pant 2nd ton, Jadeja hits 50Pant’s achievement in Sydney is staggering considering the fact that he is the only Asian keeper to have hit a century Down Under. His century, combined with his fine keeping and sledging, has put India on course for a famous series win Down Under.In this series, he has been involved in an epic sledging contest with Tim Paine, the Australian captain. When Paine came to the crease in Melbourne, Pant said, “We got a special guest today. Have you ever heard of a temporary captain, ever, Mayank (Agarwal)? You don’t need anything to get him out, boy. He loves to talk, that’s the only thing he can do, boy! Only, talking, talking, talking,” Pant retorted in grand style. last_img read more