BRISTOL, Va., Dec. 30, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR) announced that its subsidiary AMFIRE Mining Company, LLC has completed the previously announced divestiture of substantially all of its assets to Rosebud Mining Company. The transaction included total consideration of approximately $86 million, including $75 [...]
BRISTOL, Va., Dec. 19, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR) affiliated mining operations in West Virginia announce the settlement of three selenium discharge suits brought by four environmental organizations. Selenium is a naturally occurring element that can be released into streams as a byproduct of some common earth [...]
BRISTOL, Va., Dec. 15, 2014 /PRNewswire/ -- Today's settlement between two of Alpha Natural Resources' affiliated operations (Alex Energy and Elk Run Coal Company) and three environmental organizations charts a path forward to improve certain stream conditions in the areas near these operations. It does not include a monetary civil penalty. The [...]
BRISTOL, Va., Dec. 8, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR) operating affiliates announce that the WARN notices for eight coal mines in West Virginia have expired and the mines and their approximately 750 workers will continue to operate. The longer-term plans for these mines will continue to depend upon market prices and [...]
BRISTOL, Va., Nov. 18, 2014 /PRNewswire/ -- Alpha Natural Resources Inc.'s (NYSE: ANR) Running Right Leadership Academy (RRLA) has been named the Best in Class among internal training organizations and corporate universities by the Corporate Learning Network. The Corporate University Best in Class or CUBIC Awards are given annually to those [...]
- Third quarter 2014 revenue was $1.1 billion and adjusted EBITDA, including a $16 million pre-tax gain from sale of 3.1 million Rice Energy shares, was $54 million - Cost reduction initiatives resulted in excellent cost performance in the East - Amended and extended secured credit facility and established a new accounts receivable securitization [...]
BRISTOL, Va., Oct. 14, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), a leading U.S. coal supplier, plans to report its third quarter 2014 results before the market opens on Thursday, October 30, 2014. A conference call to review the results and current business conditions is scheduled to follow at 11:00 a.m. EDT that morning. The [...]
BRISTOL, Va., Sept. 26, 2014 /PRNewswire/ -- Updating its announcement of July 31, Alpha Natural Resources Inc. (NYSE: ANR) today said that three of its operating affiliates have notified their employees that the coal mines where they work are being idled, resulting in job losses. One mine that had expected to be idled will continue to operate [...]
BRISTOL, Va., Sept. 25, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), a leading U.S. coal supplier, announced today that it has amended and extended its senior secured credit facility and established a new accounts receivable securitization facility, further enhancing the company's long-term financial flexibility. "The amendment [...]
BRISTOL, Va., Sept. 19, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), announced today that Plum Energy LLC will construct a liquefied natural gas (LNG) plant on property adjacent to Alpha Coal West Inc.'s Eagle Butte Mine, near Gillette, Wyoming. The Plum Energy facility will supply LNG to Alpha Coal West's mine haul vehicles [...]
-- Second quarter 2014 revenue and adjusted EBITDA were $1.1 billion and $50 million, respectively -- Strong cost management continues to yield results; reducing adjusted Eastern cost of coal sales guidance by $1.50 per ton at the midpoint -- Proactively evaluating further actions to optimize production; issued WARN notices to approximately 1,100 [...]
Continuing Weak Markets, Current and Impending EPA Regulations Weigh on Central Appalachian Operations; 1,100 Jobs at Risk BRISTOL, Va., July 31, 2014 /PRNewswire/ -- Eight operating affiliates of Alpha Natural Resources Inc. (NYSE: ANR) have notified their employees late this afternoon that the coal mines and other facilities where they work [...]