New Turnstone Industrial JV to manufacture mine support, ducting and tubing systems
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New Turnstone Industrial JV to manufacture mine support, ducting and tubing systems
December 13, 2018

Calandra Group, LLC an affiliate of ground control firm Jennmar, and ABC Technology Group USA have announced the formation of a new Joint Venture company, Turnstone Industrial Solutions, LLC. Turnstone Industrial Solutions will manufacture non-metal structural support systems, flexible ducting and semi-rigid polymer tubing products for mine and tunnel ventilation, industrial flexible ducting for temperature[…]

Peabody completes Shoal Creek longwall coal mine buy from Drummond
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Peabody completes Shoal Creek longwall coal mine buy from Drummond
December 4, 2018

Peabody has completed its purchase of the Shoal Creek seaborne metallurgical coal mine from private coal producer Drummond Company, Inc for $387 million, reflecting customary purchase price adjustments. The acquisition includes the well-capitalised mine, preparation plant and logistical assets and excludes legacy liabilities other than reclamation. “This accretive Shoal Creek purchase represents a tremendous step[…]