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ST. LOUIS, Dec. 5, 2014 /PRNewswire/ -- Patriot Coal Corp. (OTC Pink: PATCA) today issued WARN Act notices to all employees at the Highland mining complex located near Henderson, Kentucky, and the Dodge Hill mining complex located near Sturgis, Kentucky. Together, the Highland and Dodge Hill complexes employ approximately 670 people and produced [...]
CLEVELAND, Dec. 3, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has terminated its previously announced cash tender offers (the "Tender Offers") for up to a maximum aggregate principal amount of its outstanding (i) 3.95% Senior Notes due 2018 (the "2018 Notes"), (ii) 5.90% Senior Notes due 2020 (the "March [...]
CLEVELAND, Dec. 3, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today that it has entered into a definitive agreement to sell its Logan County Coal assets in southern West Virginia to Coronado Coal II LLC for US$175 million in cash and the assumption of certain liabilities. Cliffs anticipates using the cash proceeds from [...]
Arch Coal filed comments today expressing deep and serious concerns about the EPA's proposed Clean Power Plan. "Already promulgated regulations are expected to drive the shut-down of as much as 20 percent of America's coal-based fleet, which is the primary source of base-load power generation in the United States," said Deck S. Slone, Arch's senior [...]
VANCOUVER, British Columbia, November 26, 2014 /PRNewswire/ -- /C O R R E C T I O N from Source -- Kootenay Silver Inc./ In the news release, "Kootenay hits multiple high grade intercepts on La Negra including 240 gpt silver over 200 meters, 442 gpt silver over 50 meters and 1337 gpt silver over 6 meters", issued 26-Nov-2014 by [...]
Peabody Energy today announced an agreement to establish a joint venture between Peabody's Wambo Open-Cut Mine and Glencore's United Mine in New South Wales, Australia. The joint venture is expected to deliver significant synergies by improving productivity, lowering costs and extending mine life. The 50-50 joint venture will combine Wambo's [...]
CLEVELAND, Nov. 19, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) announced today the commencement of tender offers to purchase (each offer a "Tender Offer" and collectively, the "Tender Offers") for cash, subject to certain terms and conditions, up to the maximum aggregate principal amount of its outstanding 3.95% Senior Notes due [...]
Clifton Mining Company (OTCBB: CFTN) ALPINE, UT, Nov. 19, 2014 /PRNewswire/ - Clifton Mining Company has received its first royalty payment of $24,185 from Desert Hawk Gold Corp. on the Kiewit project. Another smaller royalty payment is anticipated to be received later this week. The shareholder meeting was held as announced on November 14 [...]
CLEVELAND, Nov. 19, 2014 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) today announced that its Board of Directors declared a quarterly cash dividend on the Company's 7.00% Series A Mandatory Convertible Preferred Stock, Class A ("Series A preferred stock"), of $17.50 per share, which is equivalent to approximately $0.4375 per [...]
Peabody Energy today commended the G20 leaders' communique for its focus on global economic growth, poverty eradication in low-income and developing countries and increased international collaboration on energy policy. Peabody Energy Chairman and Chief Executive Officer Gregory H. Boyce said the core themes of the communique, issued after the [...]
BRISTOL, Va., Nov. 18, 2014 /PRNewswire/ -- Alpha Natural Resources Inc.'s (NYSE: ANR) Running Right Leadership Academy (RRLA) has been named the Best in Class among internal training organizations and corporate universities by the Corporate Learning Network. The Corporate University Best in Class or CUBIC Awards are given annually to those [...]
Dear Fellow Shareholders, As the end of 2014 nears, it seems astonishing how the lithium market has developed over the last two years to the detriment of the resource sector and the lithium industry in particular. The numbers across the board speak for themselves, and the large number of junior miners in the lithium industry that have left or gone [...]