Coal

Coalcorp Mining Inc. (TSX-CCJ) announced today that the company has commenced coal shipments using its own rail cars through the Fenoco rail line (of which Coalcorp owns an 8.43% interest), to ship its coal from La Francia mine to a sea port in the Santa Marta area of Colombia.

Teck Metals Ltd. (TCK) reported that the company has donated $400,000 to create an endowment fund ensuring future management of the 964-hectare Fort Shepherd Conservancy area, which runs along more than 8 kilometres of the Columbia River, south of the city of Trail.

Management Energy, Inc. (OTCBB: MMEX) announced that the company entered into an agreement with its former Chief Executive Officer to resolve a dispute over business opportunities to develop coal mines in an area of Carbon County, Montana known as the Bridger-Fromberg Bear Mountain project.

Sherritt International Corporation (TSX:S) announced today that the company has approved a quarterly dividend of $0.036 per share, payable on January 14, 2010 to shareholders of record as of December 31, 2009.

Americas Energy Company (OTCBB: AENY) announced today that it has sold the initial mine production from its Upland Church Surface Mine.

American Electric Power Co Inc (AEP.N) plan to shut the Welsh coal-fired power station in Texas. The unit generates 528-megawatt Unit . The company needs to carry out planned maintenance on auxiliary equipment.

New Oriental Energy & Chemical Corp. (NASDAQ: NOEC) reported today that while it saw improvements of roughly 10% in methanol and urea prices in the second quarter of its 2010 fiscal year, these were not sufficient to achieve profitability in either product.

Anglo-Australian miner, Rio Tinto Plc to raise $520 million by spinning off its U.S. coal business. As per analysts, demand for the offering could be tepid.

Goldsource Mines Inc.(TSX VENTURE:GXS)today announced the NI 43-101 compliant, initial thermal coal resource estimated by Moose Mountain Technical Services for the Company’s Border property near Hudson Bay, Saskatchewan.

Grande Cache Coal Corporation (TSX:GCE) today announced the company financial and operating results for the three and six months ended September 30, 2009.