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Consol Energy and Arch Resources to merge to create US$5.2-billion coal mining entity

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Coal miner Arch Resources ARCH-N will merge with Consol Energy CEIX-N in an all-stock deal to form a $5.2-billion entity, the companies said on Wednesday. There has been a lack of investment in new coal mines amid tight emission regulations. But the prospect of the fossil fuel remaining part of…

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