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Patriot Coal today announced that it is engaged in active negotiations for the sale of substantially all of the Company's operating assets to a strategic partner. The Company is also engaged in ongoing discussions with key stakeholders as it evaluates a range of strategic alternatives to maximize the value of its assets. In conjunction with these [...]
Consolidated Minerals will be releasing its financial results for Q1 2015 on Tuesday 19 May 2015. The financial results will be available on the Company's website, from 10am (BST) on 19 May 2015. The Company will also be holding a conference call for analysts and bondholders on 19 May 2015 at 1pm (BST). To access the annual results conference call [...]
TORONTO, May 7, 2015 /PRNewswire/ -- Mandalay Resources Corp. ("Mandalay" or "the Company") (TSX:MND) today announced that its first quarter 2015 financial results will be released after market close on Tuesday, May 12, 2015, followed by a conference call with Mandalay CEO Brad Mills for investors and analysts on May 13, 2015 at 8:00 am (Toronto [...]
JOHANNESBURG, May 7, 2015 /PRNewswire/ -- Gold Fields Ltd. (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) today announced net losses attributable to our shareholders of US$14 million for the March 2015 quarter compared with US$26 million in the December 2014 quarter and US$nil in the March 2014 quarter. Normalised losses of US$13 million for the [...]
Mining Operations The Management of Clifton Mining has recently completed an onsite inspection of the Desert Hawk Gold Corp. heap leach operation. Now that the weather is cooperating, the project has moved from limited winter production back into full swing operations. Mining has resumed, moving as much as several thousand tons daily onto the heap [...]
ST. LOUIS, May 5, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that Allen Capdeboscq has been promoted to Senior Vice President – Corporate Development reporting to Group Executive and Chief Development Officer Christopher J. Hagedorn. Capdeboscq previously served as Vice President – Financial and Capital Planning [...]
ST. LOUIS, May 5, 2015 /PRNewswire/ -- The board of directors of Peabody Energy (NYSE: BTU) today declared a regular quarterly dividend on its common stock of $0.0025 per share. The dividend is payable on June 9, 2015, to holders of record on May 19, 2015. Peabody Energy is the world's largest private-sector coal company and a global leader in [...]
ST. LOUIS, May 4, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) announced today that Glenn Kellow has been elected to the role of President and Chief Executive Officer. Kellow joined Peabody as President and Chief Operating Officer in September 2013, and was named CEO-Elect and added to the board of directors in January 2015. He succeeds [...]
ST. LOUIS, May 4, 2015 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that all 12 members of its board of directors were elected at the company's annual meeting of shareholders. The Peabody Energy Board of Directors include: Gregory H. Boyce, Executive Chairman, Peabody Energy Glenn L. Kellow, President and Chief Executive Officer [...]
GILLETTE, Wyo., April 30, 2015 /PRNewswire/ -- The Arch Coal Foundation named 10 outstanding Wyoming teachers today as recipients of the prestigious Arch Coal Teacher Achievement Award. Now in its 15th year, it is Wyoming's longest-running, privately sponsored teacher recognition program. The announcement was made by John W. Eaves, Arch Coal's [...]
- First quarter 2015 revenue was $0.8 billion and Adjusted EBITDA loss was $34 million - Successfully executed a liability management transaction, lowering gross debt outstanding by $379 million and cash interest expense by $21 million annually - Aggressive cost reduction effort ahead of plan with anticipated annual savings in excess of $60-75 [...]