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AMCOL International today confirmed that it has received a revised, unsolicited proposal from Minerals Technologies to acquire all of the outstanding shares of the Company at a price per share of $42.50 in cash. The Revised MTI Proposal is dependent on MTI's receipt of sufficient financing for the transaction pursuant to MTI's commitment letter [...]
BRISTOL, Va., Feb. 21, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), a leading U.S. coal producer, announced that members of Alpha's management team plan to participate in several investor conferences, including: the BMO Capital Markets 23rd Global Metals & Mining Conference on Monday, February 24, 2014; the Simmons & Company [...]
Santa Fe Gold today announced financial results for the three and six months ended December 31, 2013. Revenues were $1.0 million for the three months ended December 31, 2013, representing a 76% decrease over the same period of the prior year. Revenues for the six months ended December 31, 2013 decreased by 78% to $2.2 million. As previously [...]
Santa Fe Gold is pleased to announce that it has entered into a Bridge Loan Agreement with Tyhee Gold, for up to $3.0 million in bridge financing in conjunction with the previously announced Merger Agreement. As of February 14, 2014, Tyhee has made an initial advance of $1,515,832 in accordance with the terms of the Bridge Loan. The Bridge Loan [...]
VIRGINIA CITY, Nev., Feb. 14, 2014 /PRNewswire/ -- Comstock Mining Inc. (the "Company") (NYSE MKT: LODE) announced today that it has entered into a new, lower cost $5 million revolving credit facility (the "Revolving Credit Facility") with Auramet International, LLC ("AIC"), pursuant to which the Company may borrow up to $5 million outstanding at [...]
PITTSBURGH, Feb. 13, 2014 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has entered into agreement with Ineos Europe AG, part of the Ineos Group, to export ethane via Sunoco Logistics' Mariner East infrastructure and the Marcus Hook Delaware River port for use in Ineos' European cracker complexes. (Logo [...]
-- Fourth quarter and full year 2013 revenue and adjusted EBITDA were $1.1 billion and $5.0 billion, respectively, and $71 million and $299 million, respectively -- Achieved lowest rate of reported injuries in Alpha's history in 2013 -- Strong cost improvement in the 4th quarter primarily driven by resumed Cumberland production -- Agreed to [...]
BRISTOL, Va., Feb. 10, 2014 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), today announced that the United States Attorney's Office for the Southern District of West Virginia (USAO SDWV) has closed the Non-Prosecution Agreement (NPA) the company entered into on Dec. 6, 2011. On April 5, 2010, an explosion at the Upper Big Branch Mine [...]
Li3 Energy applauds the editorial by Francisco Orrego, Deputy Minister of Mining of Chile, in the February 5th edition of La Tercera, a Santiago-based daily, which states that it is time for Chile, with one of the largest lithium reserves in the world, to redefine the strategic categorization of lithium and to leverage its comparative advantages in [...]
Arch Coal today announced that it has sold ADDCAR Systems, L.L.C. to UGM Holdings Pty. Ltd. for a total of $21 million. ADDCAR has been a wholly owned subsidiary of Arch Coal since the International Coal Group (ICG) acquisition in 2011. Kentucky-based ADDCAR's primary business is manufacturing, servicing and operating highwall mining equipment [...]
The board of directors of Arch Coal today declared an annual cash dividend of $0.01 per share on the company's common stock. The annual cash dividend of $0.01 per share is payable in full on March 14, 2014 to ACI shareholders of record on Feb. 28, 2014. John W. Eaves, president and CEO of Arch Coal Inc., said, "Arch is sharply focused on actions [...]
ST. LOUIS, Feb. 7, 2014 /PRNewswire/ -- Patriot Coal Corp. today announced that it received two awards for exemplary reclamation from the West Virginia Coal Association. The following operations were presented awards: Apogee surface mine at the Logan County mining complex received the National Wild Turkey Federation Award; and Hobet surface mine [...]
