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Fourth quarter adj. EBITDA triples versus the prior-year quarter Leer mine drives Appalachian cost-per-ton guidance down in 2015 Available liquidity in excess of $1.2 billion at Dec. 31, 2014 ST. LOUIS, Feb. 3, 2015 /PRNewswire/ -- Earnings Highlights ...
PERTH, Australia, February 3, 2015 /PRNewswire/ -- Peak Resources Ltd. ("Peak" or "the Company"; ASX Code: PEK) is pleased to announce signing of formal agreements related to its previously announced funding transactions with Appian and IFC for ~A$29.5 million, which is expected to fully fund Peak's Bankable Feasibility Study ("BFS") for the [...]
Patriot Coal today announced that the Samples surface mine in the Paint Creek complex was presented the Valley Fill Construction – Southern Region award for exemplary construction of a valley fill while protecting the environment through innovative engineering and reclamation techniques that minimized sedimentation and quickly established [...]
Consol Energy's Board of Directors declared a regular quarterly dividend of $0.0625 per share, payable on March 5, 2015, to shareholders of record on February 17, 2015. CONSOL Energy is a Pittsburgh-based producer of natural gas and coal. The company is one of the largest independent natural gas exploration, development and production companies [...]
- Reports Fourth-Quarter Adjusted EBITDA1 of $297 million - Reports U.S. Iron Ore Realized Pricing of $99 Per Ton in the Fourth Quarter - Seaborne Iron Ore Businesses Record Impairment Charges of $1.2 Billion in Fourth Quarter CLEVELAND, Feb. 2, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today reported fourth-quarter and [...]
Oro East Mining is pleased to announce the completion of the updated technical report for the Red Bank Mine Project located in Mariposa county, California, prepared in accordance with National Instrument 43-101 Technical Report summarizing the results of its recent study. Based on the Technical Report dated December 29, 2014, prepared by Robert [...]
BRISTOL, Va., Jan. 30, 2015 /PRNewswire/ -- Two operating affiliates of Alpha Natural Resources Inc. (NYSE: ANR) have notified their employees today that certain West Virginia coal mines are being idled due to sustained weak market conditions and federal government regulations that have challenged the entire Central Appalachian mining industry. In [...]
PITTSBURGH, Jan. 30, 2015 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) reported net income of $74 million for the quarter, or $0.32 per diluted share. This is compared to net income of $738 million, or $3.20 per diluted share from the year-earlier quarter, which included income from discontinued operations of $591 million. On a non-GAAP basis [...]
Patriot Coal today announced that the State of West Virginia presented the Bart B. Lay Jr. Milestones of Safety Award to the Samples surface mine for achieving the highest safety performance among surface coal mines in the state. Samples surface mine is part of the Paint Creek complex. Additionally, Patriot operations received six Mountaineer [...]
Li3 Energy is pleased to announce that, after seven months of work, the Chilean National Lithium Commission, presided over by the Minister of Mining Aurora Williams, presented its final report and conclusions on the development of the lithium industry to President, Michelle Bachelet. The official ceremony took place on January 27, 2015 and included [...]
NEW YORK, Jan. 28, 2015 /PRNewswire/ -- Britannia Mining Inc. (OTC Pink: BMIN) ("Britannia" or the "Company"), a UK based mining and commodities development Company, announced today, that Britannia has begun developing 'next phase' capacity planning, to meet demand from its customers. "Since sending our first parcel of Diamonds to the U.S. earlier [...]
Commences Formal Canadian Restructuring Proceedings CLEVELAND, Jan. 27, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that Bloom Lake General Partner Limited and certain of its affiliates, including Cliffs Quebec Iron Mining ULC (collectively, "Bloom Lake Group") commenced restructuring proceedings in Montreal [...]