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 [...]
Emphasizing that the case for combining assets has only grown stronger in recent months, Peabody and Arch Coal 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 [...]
- Achieves another strong performance from its metallurgical portfolio despite a lower price environment and a major operational transition at Mountain Laurel - Guides to significant and continuing reductions in metallurgical costs - Makes excellent progress in developing its world-class Leer South growth project - Announces 11-percent increase in [...]
Arch Coal Inc. will discuss its fourth quarter and full year 2019 financial results in an investor conference call that will be broadcast live on Thursday, February 6 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 367-2403 approximately five to 10 minutes prior to the start time. For participants [...]
Arch Coal Inc. announced today that its eastern operations were recently presented with seven Mountaineer Guardian Awards by the West Virginia Office of Miners' Health, Safety and Training and the West Virginia Coal Association. "Operating safely and responsibly is Arch's single highest priority and the cornerstone of our corporate culture," said [...]
Arch Coal Inc. announced today that its eastern operations were recently honored with four awards from the West Virginia Department of Environmental Protection and the West Virginia Coal Association. "Arch's commitment to sustainability includes an uncompromising respect for both the land and the communities in which we operate," said Paul A [...]
Arch Coal Inc. announced today that it has discontinued longwall operations at its Mountain Laurel mine in Logan County, West Virginia, three months earlier than planned. The move is expected to reduce Arch's fourth quarter coking coal volumes by between 150,000 and 200,000 tons and its fourth quarter operating results by approximately $20 million [...]
- Maintained excellent momentum in core coking coal franchise, with strong volumes and effective cost control - Signed agreement that will increase High-Vol A reserves at Leer mine by 24 million tons at a cost of around $2.50 per ton; will extend mine life to late 2030s - Secured $39 million in credits - via the resolution of a 1970s-era land [...]
