Achieves another strong cost performance in its core metallurgical segment Makes further significant progress at Leer South, which remains on time and on budget Drives forward with staffing reductions expected to deliver more than $40 million in annual savings Arch Resources Inc. today reported a net loss of $49.3 million, or $3.26 per diluted [...]
Arch Resources Inc. will discuss its second quarter 2020 financial results in an investor conference call that will be broadcast live on Tuesday, July 28 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 800-368-1029 approximately five to 10 minutes prior to the start time. For participants calling from [...]
Proceeds will fund ongoing buildout of transformational growth project at Leer South Transaction is more than 10 times oversubscribed Results in a highly competitive interest rate of 5.00 percent Arch Resources Inc. announced today that it has issued $53.1 million of bonds in the U.S. tax-exempt market through the West Virginia Economic Development [...]
Arch Resources has launched a new website that details the company's value proposition, clear strategic direction and strong commitment to environmental, social and governance (ESG) principles. The name change and website underscore Arch's transition to a premier producer of metallurgical products for the global steel industry. The new Arch [...]
Arch Coal Inc. announced today that it is changing its name to Arch Resources, Inc., effective May 15, 2020. The name change underscores the company's ongoing transition to a premier producer of metallurgical products for the global steel industry. "The name change we are announcing today reinforces Arch's strong and sustained pivot towards [...]
- Reports metallurgical segment costs at the low end of its guidance range - Continues strong progress in the ongoing development of Leer South - Takes actions to fortify its already strong balance sheet and liquidity - Remains focused on safeguarding employees' health and safety and serving communities as an essential service provider Arch Coal[...]
Arch Coal Inc. today announced a change in the location of its 2020 Annual Meeting of Stockholders due to the public health risks related to the coronavirus disease 2019 . The Annual Meeting will be held by remote communication only, in a virtual meeting format, on Thursday, April 30, 2020 at 10:00 a.m. Central Time. Shareholders will not be able [...]
Arch Coal Inc. will discuss its first quarter 2020 financial results in an investor conference call that will be broadcast live on Thursday, April 23 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 239-9838 approximately five to 10 minutes prior to the start time. For participants calling from an [...]
Arch Coal Inc. today announced that – as part of its ongoing succession process – John T. Drexler will become the company's chief operating officer and Matthew C. Giljum will become its chief financial officer, effective April 30. Drexler is currently Arch's chief financial officer and Giljum is currently Arch's treasurer and vice [...]
Arch Coal Inc. announced today that it recently closed on a $54 million equipment financing facility with an average interest rate of 6.3 percent. The facility amortizes over a period of four years and is tied to equipment at the Leer longwall mine in Taylor County, West Virginia. "We view this facility as a highly advantageous way to augment our [...]
Arch Coal Inc. today announced that John W. Eaves will retire as Arch's chief executive officer at the corporation's annual meeting on April 30, 2020, and will assume the position of executive board chair. James N. Chapman, who has served as Arch's board chair since the company completed its restructuring process in October 2016, will transition to [...]
Emphasizing that the case for combining assets has only grown stronger in recent months, Arch Coal and Peabody today announced that they intend to continue to pursue creation of a joint venture to strengthen coal's competitiveness with other energy sources and create substantial value for multiple stakeholders. The announcement follows a negative [...]