BRISTOL, Va., Oct. 4, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE:ANR), a leading U.S. coal supplier, today announced that several mine rescue teams successfully participated in the Tennessee State Contest. The two-day event was held September 25-27 in Cove Lake, Tenn.(Photo: http://photos.prnewswire.com/prnh/20121004/CG86904)Eighteen mine [...]
The Coal Industry has been hit hard in 2012 as vast amounts of natural gas unlocked from shale deposits have made it a cheaper alternative to coal. Recent data released from the Energy Department has shown that the amount of gas used by power companies has risen 32 percent during the first half of the year, while coal usage has dropped 18 percent [...]
BRISTOL, Va., Sept. 28, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha") , a leading U.S.-based coal supplier, today announced the pricing of its underwritten public offering of $500 million aggregate principal amount of 9.75% senior notes due 2018 (the "Notes"). Alpha estimates the net proceeds from the issuance and [...]
BRISTOL, Va., Sept. 27, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha"), a leading U.S.-based coal supplier, today announced that it intends to offer approximately $500 million aggregate principal amount of its senior notes. The notes will be guaranteed on a senior unsecured basis by certain of Alpha's [...]
BRISTOL, Va., Sept. 27, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR) ("Alpha"; the "Company") today announced that it and Alpha Appalachia Holdings, Inc. (formerly Massey Energy Company) (the "Issuer" and, together with Alpha, the "Offerors") are commencing a cash tender offer for up to $350 million aggregate principal amount [...]
BRISTOL, Va., Sept. 26, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE: ANR), a leading U.S. coal supplier, today announced that one of its affiliated operations has received national recognition for its commitment to safety. The National Mining Association awarded the Centre County Strips mine of AMFIRE Mining Company in western Pennsylvania [...]
BRISTOL, Va., Sept. 18, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE: ANR), a leading U.S.-based coal supplier, today outlined plans to reshape its portfolio of operations to meet the evolving demands of a changing global coal market.By early 2013, the company will be fully aligned to focus on two key strategic priorities: enhancing Alpha's [...]
BRISTOL, Va., Sept. 4, 2012 /PRNewswire/ -- Alpha Natural Resources (NYSE:ANR), a leading U.S. coal supplier, today announced that its affiliates' mine rescue teams took top honors at the Southern West Virginia Mine Rescue Association Mine Rescue, First Aid, Bench & Preshift Contest and West Virginia State Championship. Forty-two teams competed in [...]
Shares of companies in the coal industry have lagged in the market in 2012. The Market Vectors-Coal ETF (KOL) -- which replicates an index that provides exposure to publicly traded companies worldwide that derive greater than 50% of their revenues from the coal industry - has fallen over 30 percent this year. Five Star Equities examines the outlook [...]
BRISTOL, Va., Aug. 29, 2012 /PRNewswire/ -- Alpha Natural Resources, Inc. (NYSE: ANR), a leading U.S. coal producer, announced that members of Alpha's management team will meet with investors at the Davenport 7th Annual Metals & Mining Conference in New York, NY, on Thursday, September 27, 2012.About Alpha Natural ResourcesWith $7.1 billion in [...]
JAKARTA, INDONESIA -- (Marketwire) -- 08/27/12 -- Moments ago, NationalTradersAssociation.org introduced new coverage of GenOn Energy, Inc. (NYSE: GEN) and Alpha Natural Resources, inc. (NYSE: ANR). Full outlook, analysis and consensus opinion is available to readers via the links below [...]
Better than expected second quarter earnings from James River Coal sparked a rally in coal stocks Thursday. "The thermal market is just beginning to show signs of recovery," said James River Coal's Chairman and CEO Peter Socha. "We believe that this is due to production cutbacks throughout the industry as well as improved demand for both coal and [...]