Metal industry news provided by Financial News USA (OTC: FNWU). Foundation Coal Holdings, Inc. (NYSE:FCL) recently announced that its chairman and chief executive officer, James F. Roberts, will speak at Lehman Brothers CEO Energy/Power Conference in New York City on September 7, 2006. A replay of the webcast will be available for up to 90 days at this site. Foundation Coal Holdings, Inc., through its affiliates, is a major U.S. coal producer with 14 coal mines and related facilities in Pennsylvania, West Virginia, Illinois, and Wyoming. FSBO Media Holdings, Inc. (Other OTC:FSMH) announced recently that it has entered into a marketing and Video-Spectus(TM) production contact with Wineco Productions, Inc. (Other OTC:WNCP). FSBO Media will also design and develop Wineco's corporate web site. Wineco Productions Inc. engages in mining, tailings and recovery of precious metals. Wineco recently announced that it has completed negotiations and has acquired the mine tailing from World Wide Consulting.
Massey Energy Company (NYSE: MEE) reported that on August 16, 2006, it joined other companies and a federal agency in the demonstration of a technological breakthrough in mine safety that promises to save dozens of lives in the mining industry. The new technology is a "proximity detection system" developed for use on continuous mining machines. The system detects the presence of coal miners and automatically shuts down continuous mining machines when coal miners are too close to the machines and in danger of being pinned or crushed. Rentech, Inc. (Amex: RTK) recently commented on the recently announced agreement between its technology licensee DKRW Advanced Fuels LLC, Inc. ("DRKW-AF"), a subsidiary of DKRW Energy LLC., Houston, Texas and St. Louis-based Arch Coal (NYSE: ACI), one of the largest coal producers in the United States, under which Arch acquired a 25 percent stake in DKRW-AF.
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