RICHMOND, Va., Aug. 21, 2014 /PRNewswire/ -- James River Coal Company announced that it has accepted, subject to Bankruptcy Court approval, a committed and binding bid from JR Acquisition, LLC, a wholly owned subsidiary of Blackhawk Mining, LLC, to purchase the Hampden Mining Complex (including the assets of Logan & Kanawha Coal Company, LLC), the [...]
-- Receives Commitment for $110 Million in DIP Financing -- Mining Operations and Coal Shipments to Continue in the Ordinary Course RICHMOND, Va., April 7, 2014 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), today announced that the Company and its subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the [...]
RICHMOND, Va., March 24, 2014 /PRNewswire/ -- James River Coal Company (Nasdaq: JRCC) (the "Company") today announced that it has received notice on March 18, 2014 (the "March 18 Notice") from the Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Marketplace Rule 5450(a)(1) because the bid price of the [...]
RICHMOND, Va., Feb. 7, 2014 /PRNewswire/ -- James River Coal Company (Nasdaq: JRCC) (the "Company"), today announced that it is exploring and evaluating potential strategic alternatives for the Company, which may include a capital investment through debt and/or equity securities or a sale of all or one or more portions of the Company. In connection [...]
-- Reduced Mining Costs in CAPP (Central Appalachia) From $87.15 in Q-3 2012 to $77.80 in Q-3 2013 -- In Response to Continued Weak Coal Markets; Idled Four Mines in CAPP on November 6th; Furloughed Approximately 200 Employees and Contractors -- Completed Exchange Transactions in 2013, Which Reduced Principal Amount of Debt by $143 Million [...]
RICHMOND, Va., Oct. 24, 2013 /PRNewswire/ -- James River Coal Company (NASDAQ:JRCC), will release its third quarter results for 2013 before the market opens on November 7, 2013. The Company will hold its quarterly conference call and webcast on the same day at 10:00 a.m. Eastern Time. The conference call will be open to the public. The toll free [...]
RICHMOND, Va., Sept. 19, 2013 /PRNewswire/ -- James River Coal Company (Nasdaq: JRCC) (the "Company"), today announced the final results of its previously announced offers to exchange (i) up to $31.739 million aggregate principal amount of its 10.00% Convertible Senior Notes due 2018 (the "New Notes") for any and all of its outstanding 4.50 [...]
- McCoy Elkhorn Coal Mines and Prep Plants Idled - Bledsoe Coal Mines and Prep Plants Idled - Long Branch Surface Mine Idled - Furloughed Approximately 525 Full-Time Employees RICHMOND, Va., Sept. 16, 2013 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), announced today that it has idled coal production at several locations in Central [...]
RICHMOND, Va., Sept. 12, 2013 /PRNewswire/ -- James River Coal Company (Nasdaq: JRCC) (the "Company"), today announced that it has extended, until 5:00 p.m., New York City time, on September 18, 2013, its offers to exchange (i) up to $31.7 million aggregate principal amount of its 10.00% Convertible Senior Notes due 2018 (the "New Notes") for any [...]
RICHMOND, Va., Aug. 13, 2013 (GLOBE NEWSWIRE) -- James River Coal Company (Nasdaq:JRCC) today announced that it has commenced exchange offers for its outstanding 4.50% and 3.125% convertible senior notes. The Company is offering to exchange (i) up to $31.739 million aggregate principal amount of its 10.00% Convertible Senior Notes due 2018 ("New [...]
PR Newswire RICHMOND, Va., Aug. 9, 2013 RICHMOND, Va., Aug. 9, 2013 /PRNewswire/ -- Mine Operations Continue to Adjust to Soft Coal Market Conditions Available Liquidity at June 30, 2013 of $108.8 Million Compared to $107.2 Million at March 31, 2013 Capital Expenditures of $11.9 Million in Q-2, 2013 Completed Private Exchange Transactions [...]
RICHMOND, Va., July 25, 2013 /PRNewswire/ -- James River Coal Company (NASDAQ:JRCC), will release its second quarter results for 2013 before the market opens on August 9, 2013. The Company will hold its quarterly conference call and webcast on the same day at 10:00 a.m. Eastern Time. The conference call will be open to the public. The toll free [...]