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Peabody Energy today reported full-year 2014 revenues of $6.79 billion, leading to Adjusted EBITDA1 of $814.0 million. Full-year Adjusted EBITDA includes the impact of $26.0 million in fourth quarter charges related to an organizational restructuring program and pension settlements. Including $1.26 per share in charges primarily related to certain [...]
The board of directors of Peabody Energy has declared a quarterly dividend on its common stock of $0.0025 per share. The dividend is payable on Feb. 26, 2015, to holders of record on Feb. 6, 2015. Given market conditions in recent years, Peabody has taken aggressive actions to reduce operating and corporate costs, lower capital spending and [...]
BRISTOL, Va., Jan. 26, 2015 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), a leading U.S. coal supplier, plans to report its fourth quarter and full year 2014 results before the market opens on Thursday, February 12, 2015. A conference call to review the results and current business conditions is scheduled to follow at 10:00 a.m. EST [...]
CLEVELAND, Jan. 26, 2015 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that during the fourth quarter of 2014 and the beginning of January 2015, the Company reduced its net debt balance by more than $400 million. This accelerated debt reduction was achieved through the repayment of short-term debt as well as the [...]
Peabody Energy announced today that President and Chief Operating Officer Glenn L. Kellow has been named President and CEO-Elect and will become Chief Executive Officer, effective May 4, 2015. Current Chairman and Chief Executive Officer Gregory H. Boyce will remain as Executive Chairman of the Board. Kellow has also been named to Peabody's Board [...]
Peabody Energy today called on the U.S. Administration to support technology solutions with advanced coal as vital to protecting America's supply of clean, low-cost electricity for families and businesses. In the words of Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce: It's unacceptable that we as a nation would allow growing [...]
LKA announces initial results of its underground drill program at the Company's Golden Wonder mine located near Lake City, Colorado. The drilling program, initiated in late November, 2014, is designed to test potential, close-in, high-grade, targets adjacent to the current exploration areas as well as probe for extensions of the Golden Wonder vein [...]
Consol Energy will issue its fourth quarter earnings release at 6:45 a.m. Eastern Time on Friday, January 30. This will be followed by a conference call at 10:00 a.m. Eastern Time. The webcast and presentation materials will be accessible on the 'Investor Relations' page of the company's website, www.consolenergy.com. In December 2014, CONSOL [...]
LKA Gold Incorporated reports that it will announce the initial results of the current underground drilling program being conducted at the Company's Golden Wonder mine next Tuesday, January 20, 2015.
Arch Coal Inc. will discuss its fourth quarter and full year 2014 financial results in a conference call that will be webcast live on Tuesday, Feb. 3 at 11:00 a.m. Eastern time. Participating on the call will be Arch President and Chief Executive Officer John W. Eaves, Executive Vice President and Chief Operating Officer Paul A. Lang and Senior [...]
JOHANNESBURG, January 16, 2015 /PRNewswire/ -- Gold Fields Ltd. (Gold Fields) (JSE, NYSE, NASDAQ Dubai: GFI) is pleased to provide updated production and cost guidance for the Group for the December 2014 quarter (Q4 2014) and the full year 2014 (FY14). Encouragingly, both All-in Sustaining Costs (AISC) and All-in Costs (AIC) for the year are [...]
JOHANNESBURG, January 16, 2015 /PRNewswire/ -- Journalists and other readers should disregard the news release "South Deep Fatality", issued at 10:28 GMT, 16 Jan 2015. The release was transmitted in error by PR Newswire. SOURCE Gold Fields Ltd., South Africa ...