Arch Coal takes measures to boost share price
Number two US coal miners, Arch Coal, is to implement a one-for-ten reverse stock split in a bid to boost its share price and remain listed on the New York Stock Exchange.
Browse the latest coal news and articles.
Number two US coal miners, Arch Coal, is to implement a one-for-ten reverse stock split in a bid to boost its share price and remain listed on the New York Stock Exchange.
Politicians from both main political parties have criticised the Office of Surface Mining Reclamation and Enforcement’s proposed Steam Protection Rule.
The United Mine Workers of American Pension Plan is suing Peabody Energy and Arch Coal to try to force the two companies to take on US$800 million of bankrupt Patriot Coal’s liabilities.
Coal production in the US rose sharply for the week ending 11 July. Meanwhile the decline from last year continues to expand, according to the latest report from the Energy Information Agency.
Senators Manchin and Hoeven have introduced legislation in the US Senate to transfer responsibility for coal ash regulation to the states.
Two Chinese companies have begun construction of a 1.2 GW power plant in Vietnam.
A round-up of some of this week’s key news items from the international coal industry, from coal production and development to the latest coal mine developments.
The United Mine Workers of America union has responded to the announcement that Walter Energy has filed for bankruptcy protection
Cloud Peak Energy announces its 2Q15 shipments, updated annual adjusted EBITDA Guidance and schedule for earnings results.
The New York Stock Exchange has suspended trading in common stock of Alpha Natural Resources amid moves to delist the company from the exchange.
Walter Energy has become the latest US coal company to file for bankruptcy for protection.
Duke Energy announces Electric Power Research Institute will conduct a comprehensive study of the coal ash recycling market and available technologies in order to move forward with coal ash management.