Welcome new Managing Director – Australia
BOYD is excited to welcome George Cumplido to our team as the new Managing Director – Australia! He has held senior management positions at various companies managing people and projects to complete M&A transactions, asset valuations and assessments for several commodities in multiple stages of development.
PITT Seam Ownership Map
The Pittsburgh No. 8 Seam consists of only four producers. They include American Consolidated Natural Resources
(formerly Murray Energy Corporation), CONSOL Energy Inc., Alliance Resource Partners LP, and Contura Energy, Inc.
Unfortunately, the COVID-19 pandemic has reduced coal demand for all the Pittsburgh No. 8 Seam producers through
the Third Quarter of 2020. There has been news that Contura Energy executed a definitive agreement with Iron
Senergy Holding, LLC for the divestment of Contura Energy’s Pennsylvania operations, including the Cumberland
Mine. The equity transaction is expected to close before the end of the year, and upon closing will transfer
to Iron Senergy the subsidiaries that hold Contura Energy’s Cumberland and Emerald mines and the associated
coal reserves, mining permits and operations, infrastructure, equipment, and transloading facilities.
Webinar: Complying with S-K 1300
On November 10th, BOYD presented a webinar titled “Complying with
S-K 1300: Maintaining Compliance in Light of New Reporting Requirements”. Our experts discussed what this new regulation entails, who is affected, what companies must do to ensure compliance, and additional insightful information.
If you have any questions regarding Regulation S-K 1300, please contact us and ask to speak with one of the presenters: Rob Farmer, Vice President, or Greg Stanish, Director of Geological Services.
If you missed the webinar, you can watch the recording here.
Webinar: Panel Interactivo de Carbón Colombiano
On July 30th, BOYD presented a webinar showcasing our Colombian Coal Dashboard. The dashboard includes a collection of key data for the Colombian Coal Industry, such as, production, royalties, origin and destinations, as well as, prices, rankings, consumption, and markets.
The webinar also included many notable speakers. Juan Camilo Nariño, President of the Asociación Colombiana de Minería, Juan Manuel Sanchez, President of Fenalcarbón, Fredy Rojas, Mine Engineer from UPME, and Alejandro Castañeda, President of ANDEG, all spoke about how beneficial this tool is to the Colombian Coal Industry. BOYD’s representatives included Carlos Barrera, Managing Director, Andrés Montoya, Senior Mining Engineer, and John Boyd, President & CEO. Special thanks to Carlos and Andrés for organizing and presenting this enlightening event!
If you missed the webinar, you can watch the recording here.
Colombia plays an essential role in the world coal market. The country is the 5th largest thermal exporter (as 2019), and is in the top 10 for metallurgical coal and coke exports. Consolidated open pit thermal coal regions have been producing for over 40 years and metallurgical regions are focused in the northeastern departments with mostly underground small and medium size operations. The relative flat and shallow thermal coal seams near the Caribbean sea contrast with the thin, steep and highly faulted geological setting of the interior of the country.
Coal represents ±65% of the mining GDP and ±19% of the total exports of the country, making this mineral a key driver for the economy.
SME Distinguished Member Award, Class of 2020 to Sam J. Shoemaker Jr
The Society for Mining, Metallurgy & Exploration Inc. (SME) presents its Distinguished Member Award to a select few who have made long term and notable contributions to the technology and professional activities encompassed by the Society and the industry. We would like to thank the SME for selecting BOYD's Sam Shoemaker as the 2020 recipient.
Paul D. Anderson on International Coal Resource/ Reserve Reporting to the SME/ PCMIA Joint Annual Meeting
Paul Anderson, BOYD's Director of Geological Services, addressed the SME/ PCMIA Joint Annual Meeting on the evolution of codes used across the globe to report coal resources and reserves, and compared the requirements of the current systems and their effectiveness. His presentation was well received and the Q&A continued throughout the conference.
For those in the US, BOYD is well versed on the requirements of the new rule (S-K 1300) and looks forward to preparing your public reports.
Dr. Vincent A. Scovazzo Chairs Session on Underground Stone Mines at SME ICGCM 2019
The SME recently hosted the 38th International Conference on Ground Control in Mining (ICGCM) in Morgantown, West Virginia (July 23-25, 2019).
BOYD's own Dr. Vincent Scovazzo, Director of Geotechnical Services, who has authored and presented numerous papers for the conference over the years, chaired this year's session on Emerging Issues and Studies in Underground Stone Mines. Congratulations to the ICGCM for 38 great years and we look forward to next year in Canonsburg, PA.
John L. McClaugherty Award for Dedication and Service to John T. Boyd II
John T. Boyd II received the John L. McClaugherty Award for Dedication and Service to the Energy & Mineral Law Foundation at the 2019 Annual Institute on June 9th, in Washington, D.C. The McClaugherty Award honors an EMLF Member who exemplifies a continuing involvement and commitment to the EMLF, the legal profession, and the energy and natural resources industry. The McClaugherty Award is the Foundation's highest recognition of an EMLF member's contributions.
Carlos F. Barrera Presents on CRIRSCO to the Legal Mining Congress
The Ecuadorian Mining Chamber (Camara de Mineria del Ecuador) and Mr. Andrade Veloz Abogados invited BOYD's Carlos Barrera to speak at the Legal Mining Congress 2019. The annual event covered mining and development, financial transactions in the mining industry, M&A valuations, and prior consultation. Carlos focused on CRIRSCO applications, specifically CRIRSCO applications in mineral valuations.
John L. Weiss Discusses International Coal Markets at the SME/Central Appalachian Section Spring Meeting
BOYD's John Weiss delivered the Keynote Address on International Coal Markets to the SME/Central Appalachian Section 2019 Spring Meeting in Lexington, Kentucky. His presentation focused on international supply/demand, prices, and analyses of the major coal producing countries.
SME Mining and Exploration Division Distinguished Service Award to Sam J. Shoemaker Jr
The John T. Boyd Company is pleased to announce that Sam Shoemaker was awarded the SME Mining and Exploration Division Distinguished Service Award at the 2019 SME Annual Conference. Also, Sam will become a Distinguished Member of SME, Class of 2020 at next year's conference. The SME presents it's Distinguished Member Award to a select few who have made long term and notable contributions to the technology and professional activities encompassed by the Society and the industry.
Robert Stefanko Distinguished Achievement Award in Mineral Engineering to John L. Weiss
The faculty of Penn State's Mining Engineering program named John Weiss as the recipient of the Robert Stefanko Distinguished Achievement Award in Mineral Engineering. This award was established in 1992 to honor past Professor Robert Stefanko and recognizes achievements and leadership that enhance the mineral engineering profession. John is a Vice-President at the John T. Boyd Company and has worked at the company since 1990. John received his Bachelor of Science Degree in Mining Engineering from Penn State in 1983.
SME/AIME Mineral Economics Award to Ronald L. Lewis
The SME/AIME Mineral Economics Award was presented to Ronald L. Lewis in recognition of his outstanding professional achievements and distinguished contributions to the field of mineral economics. Ron is the Chief Operating Officer and Managing Director of John T. Boyd Company. He is a recognized expert in the valuation of coal and mineral reserves and operating mining companies with a specialized expertise in the areas of coal and mineral reserve estimation, surface and underground mine analysis, economic assessments, and market analysis. He is also a certified member of the International Institute of Mineral Appraisers.