Utah Coal Company Earns Environmental Excellence Award
SALT LAKE CITY, May 23, 2012 /PRNewswire/ -- Arch Coal, Inc. (ACI) today announced that Canyon Fuel Company's Skyline Mine has earned state recognition with a 2012 Earth Day Award for its outstanding environmental efforts in central Utah.
The Utah Department of Oil, Gas and Mining's (DOGM) board of directors made the selection, and Governor Gary Herbert presented the award to Skyline mine today.
"The employees of Skyline consistently act as good neighbors and environmental stewards," said Dana Dean, associate director of mining, DOGM. "In earning this year's Earth Day Award, Skyline chose to make major changes to its project plans to lessen the impact in Winter Quarters Canyon."
Skyline mine was honored for excellence in environmental care related to its new Winter Quarters ventilation facility. The mine voluntarily reduced the proposed construction site footprint by 40 percent to help preserve and protect Winter Quarters Creek. The ventilation facility will support the mine's underground progression north.
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"Skyline employees have an impressive track record of world-class expertise and stewardship," said Gene DiClaudio, president of Arch Western Bituminous Group. "That record has earned Skyline a total of seven Earth Day Awards since 2000."
Arch Coal's Canyon Fuel Company is Utah's largest coal producer. Skyline mine is located near Scofield, Utah, and employs a workforce of approximately 250. In 2011, Skyline maintained a perfect environmental compliance rate while producing nearly 3 million tons of low-sulfur coal.
U.S.-based Arch Coal, Inc. (ACI) is a top five global coal producer and marketer, with 157 million tons of coal sold in 2011. Arch is the most diversified American coal company, with more than 20 active mining complexes across every major U.S. coal supply basin. Its core business is supplying cleaner-burning, low-sulfur thermal and metallurgical coal to power generators and steel manufacturers on five continents. In 2011, Arch continued to lead the U.S. coal industry in safety performance and environmental compliance among large, diversified producers.
Axora launches global challenge for digital technology
Axora is launching the world’s first international competition to discover new cost-saving digital technology for industrial companies, which can produce rapid benefits within a year.
The Metals & Mining and Oil & Gas sectors have recently experienced budget cuts of 20% on average, driven by a variety of factors including the global pandemic, slump in demand and price wars. The Axora Cost-Saving Technology Challenge aims to transform these industries by discovering innovative, digital solutions that reduce cost fast and pay for themselves, whilst achieving the same or improved productivity, health and safety and sustainability standards.
“While digital solutions can help to get work done quicker and more cost-effectively, they typically require a three-year ROI, and if there’s no flexibility in the budget, a full budget planning cycle is needed to get things moving”, said Dr. Nick Mayhew, Chief Commercial Officer, Axora.
“Yet, extra financial cost is often incurred in delaying digital projects, so customers have asked us to highlight solutions that can have an ‘in year payback’ whereby the cost spent on the solution and deployment will be more than recovered within the budget year - this accelerates the timeline and drives positive business impact, quickly.”
The Axora Cost-Saving Technology Challenge
Axora is keen to learn of any digital cost-saving innovation which: meets the 12-month payback timeframe; can be deployed in any part of the value chain including upstream, downstream or midstream oil and gas, metals processing or mining; and is ready for market. The Axora Cost-Saving Technology Challenge is open to entrepreneurs, start-ups, academics and sector leaders across the world. The competition will be judged by a panel of leading industry experts.
“We’re passionate about supporting our industries and customers through all forms of digital transformation and the cost-saving solutions we are searching for could also provide a lifeline to many mining and metals and oil and gas companies in the current economic climate,” added Dr. Mayhew.
Improving productivity, safety and sustainability
Up to ten finalists will be chosen to pitch their solutions at a digital pitch day later this year, after which Axora will validate the ROI models and vet the solutions. The winner will receive the ‘Axora Market Accelerator’ sales and marketing package worth £10,000. This includes a two-hour workshop, promotion through Axora’s thought leadership content and inclusion into its digital demand engines, providing the opportunity for the winning solution to benefit thousands of industrial companies. Entries are open until May 31. Full details of the competition including terms and conditions can be found here.
To learn more about the Axora B2B digital solutions marketplace read our feature in the latest issue of Mining Global magazine.