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Peabody Energy has been recognized for its global leadership creating sustainable energy solutions at the 5th World PetroCoal Congress in New Delhi. The company was honored with an Energy and Environment Foundation Global Excellence Award for advancing clean coal technology solutions under the leadership of Peabody Chairman and Chief Executive [...]
- Fourth quarter 2014 revenue was $1.1 billion and adjusted EBITDA was $103 million; adjusted EBITDA includes approximately $60 million from asset disposal gains and the net benefit of various liability adjustments - Strong cost performance in the East with full year 2014 eastern cost of coal sales per ton more than 10% below 2013 level - Priced [...]
LONDON, February 11, 2015 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Investor-Edge has initiated coverage on the following equities: Vale S.A. (NYSE: VALE), Cliffs Natural Resources Inc. (NYSE: CLF), Molycorp Inc. (NYSE: MCP), Teck Resources Ltd. (NYSE: TCK), and Rio Tinto Plc (NYSE: RIO). Free [...]
SALT LAKE CITY, Feb. 10, 2015 /PRNewswire/ -- American Sands Energy Corp. (OTCBB: AMSE, "AMSE" or the "Company"), an oil sands exploration and development company operating in Utah, is pleased to announce the engagement of Stifel, Nicolaus & Company, Incorporated ("Stifel") as its exclusive investment banker and financial advisor. "We are excited [...]
Peabody Energy announced that its Cottage Grove Mine in Southern Illinois has earned both the Chairman's Award and the President's Award for achieving the company's safest U.S. performance for surface operations in 2014. The Chairman's Award for Safety Excellence recognizes employees at operations who end a calendar year with zero reportable [...]
LKA Gold announced that gold contained in shipments of high-grade vein material from exploratory operations at the Company's Golden Wonder mine increased to 923 ounces during 2014. This was up 92.6 ounces over 2013 deliveries. The grade of the 2014 shipments, measured in troy ounces (grams) per ton, increased 86% to 2.1 ounces (65.3 grams) gold per [...]
Peabody Energy today announced that it has proactively amended its existing secured credit facility to enhance financial flexibility by modifying the leverage and interest coverage covenants for the life of the facility. Pricing, size and maturity date of the facility remain unchanged. The amendment modifies certain terms and conditions and [...]
ST. LOUIS, Feb. 5, 2015 /PRNewswire/ -- Arch Coal Inc. (NYSE: ACI) today announced that its Appalachian operations in West Virginia were recently recognized for safety and environmental excellence, earning a total of nine state awards at the Annual West Virginia Mining Symposium held on January 28-30. "We commend our West Virginia operations for [...]
LONDON, February 5, 2015 /PRNewswire/ -- As Canadian oil sands companies struggle with high production costs and low prices, and North American shale producers are forced to rethink strategy, a Utah-based high-tech oil sands play announces game-changing $28 production costs. Toronto-based MCW Energy Group (MCWEF: OTCQB; TSV: MCW.V) has announced [...]
Peabody Energy today called on the Obama Administration to reverse its decision to suspend development funding for FutureGen 2.0, America's first near-zero emissions coal-fueled power plant project that would capture and store carbon dioxide. "It makes no sense to pull the plug on $1 billion committed to America's signature near-zero emissions [...]
During 2014, Consol Energ added 1.1 Tcfe (net to CONSOL) of proved reserves through extensions and discoveries. As of December 31, 2014, total proved reserves were a record 6.8 Tcfe, which represents a 19% increase from the 5.7 Tcfe at year-end 2013. Within the total proved reserves are 510 Bcfe, or 7.5%, of oil, condensate, and liquids. Marcellus [...]
Peabody Energy today announced that its Twentymile Mine in Colorado has earned the President's Award for achieving the company's safest U.S. performance for underground operations in 2014. Twentymile achieved a safety record of 1.03 for 2014 with 777,868 hours worked during the year and is being honored for a third consecutive year for outstanding [...]
