Arch Coal today announced that employees of Mountain Coal Company's West Elk mine recently were honored with three of Colorado's top awards: Best of Best Environmental Award, Excellence in Coal Mine Reclamation Award and Excellence in Safety Award. "We're very pleased to have earned the top honors for safety and environmental excellence in [...]
The Arch Coal Foundation named 10 outstanding Wyoming teachers today as recipients of the prestigious Arch Coal Teacher Achievement Award. Now in its 14th year, it is Wyoming's longest-running, privately sponsored teacher recognition program. The announcement was made by John W. Eaves, Arch Coal president and chief executive officer. He was [...]
Arch Coal today reported a net loss of $124.1 million, or $0.59 per diluted share, in the first quarter of 2014. After excluding non-cash accretion of acquired coal supply agreements, Arch's first quarter 2014 adjusted net loss was $126.5 million, or $0.60 per diluted share, compared with an adjusted net loss of $71.8 million, or $0.34 per diluted [...]
Arch Coal will discuss its first quarter 2014 financial results in a conference call that will be webcast live on Tuesday, April 22 at 10:00 a.m. Eastern time. Participating on the call will be Arch President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior Vice President and [...]
Arch Coal today earned a spot in the 2014 InformationWeek Elite 100. This marks the ninth consecutive year that Arch Coal has been ranked one of the nation's most innovative users of business technology by InformationWeek. "The 2014 InformationWeek Elite 100 highlights companies that are leading this digital business revolution, redefining business [...]
CHARLESTON, W.Va., March 31, 2014 /PRNewswire/ -- The Arch Coal Foundation named 12 outstanding West Virginia classroom teachers today as recipients of the prestigious Arch Coal Teacher Achievement Award. It is West Virginia's longest-running, privately sponsored teacher recognition program, and this is the 26th class of teachers to be honored [...]
Arch Coal today announced that it has sold its Hazard subsidiary to Blackhawk Mining for $26.3 million in cash, prior to post-closing adjustments. This sale includes the Hazard thermal coal mining complex and related infrastructure as well as approximately 38 million tons of thermal coal reserves in eastern Kentucky. As part of the sale, Arch has [...]
The board of directors of Arch Coal today announced two changes to the company's senior management team. John A. Ziegler, Jr. has been elected chief commercial officer, effective immediately. Ziegler will be responsible for leading all of Arch's sales and marketing efforts, including contract administration and transportation logistics. He will [...]
Arch Coal today announced several changes to its board of directors. Chairman Steven F. Leer, 61, will retire from Arch's board following the company's annual shareholder meeting on April 24. Leer served as the company's chief executive officer from 1997 to 2012, and as president of Arch Mineral Corporation, a predecessor company, from 1992 to [...]
Arch Coal today announced that it has sold ADDCAR Systems, L.L.C. to UGM Holdings Pty. Ltd. for a total of $21 million. ADDCAR has been a wholly owned subsidiary of Arch Coal since the International Coal Group (ICG) acquisition in 2011. Kentucky-based ADDCAR's primary business is manufacturing, servicing and operating highwall mining equipment [...]
The board of directors of Arch Coal today declared an annual cash dividend of $0.01 per share on the company's common stock. The annual cash dividend of $0.01 per share is payable in full on March 14, 2014 to ACI shareholders of record on Feb. 28, 2014. John W. Eaves, president and CEO of Arch Coal Inc., said, "Arch is sharply focused on actions [...]
Arch Coal today reported revenues of $719.4 million and adjusted earnings before interest, taxes, depreciation, depletion and amortization of $38.4 million in the fourth quarter of 2013. The company's results reflect a softer pricing environment for metallurgical and thermal coals than in the prior-year quarter, as well as the impact of previously [...]