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PITTSBURGH, Jan. 31, 2014 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) reported pre-tax income for the quarter ended December 31, 2013 of $16 million. Net income from continuing operations was $147 million as a result of an income tax benefit of $131 million arising out of a reversal of prior quarters' tax provisions. When added to income from [...]
Chilean entrepreneur becomes strategic partner and will fund the Maricunga project until all permits are obtained SANTIAGO, Chile, Jan. 31, 2014 /PRNewswire/ -- Li3 Energy Inc., (OTCBB: LIEG) ("Li3", "Li3 Energy" or the "Company"), a US-listed and South America based global exploration company in the lithium and minerals sector, is pleased to [...]
- Peabody achieves record 2013 safety results and $340 million of cost savings - Operating cash flow exceeds $700 million with debt reduction of more than $200 million - 2013 revenues of $7.01 billion lead to Adjusted EBITDA of $1.05 billion - Diluted Loss Per Share from Continuing Operations totals $(1.12) with Adjusted Diluted Earnings Per Share [...]
ST HELIER, Jersey, January 30, 2014 /PRNewswire/ -- Consolidated Minerals Ltd. (the "Company") announced on December 16, 2013 a tender offer (the "Offer") to purchase for cash an aggregate principal amount of up to U.S.$150,000,000 of the outstanding U.S.$405,000,000 8.875% Senior Secured Notes due 2016 (Reg S ISIN: USG2370YAA40, 144A ISIN [...]
Following U.S. President Obama's State of the Union address, Peabody Energy (NYSE: BTU) urges the Administration to adopt energy policies that help families and businesses by capitalizing on greater use of coal, America's true all-of-the-above energy advantage. Coal is the nation's lowest cost and most abundant energy resource. This past year, coal [...]
Santa Fe Gold today announced the signing of a definitive merger agreement with Tyhee Gold, the entering of a $3.0 million Bridge Loan Agreement with Tyhee and terms of a series of contemplated debt restructurings with Santa Fe's secured lenders in aggregate amount in excess of $23 million. The Tyhee Merger The Merger Agreement provides that each [...]
Gas Division Produces Record 48.5 Bcfe in Quarter; Marcellus Production Volumes Increase 56% from Year-Earlier Quarter; BMX Mine On-Track to Begin Operations in Q1 2014 PITTSBURGH, Jan. 24, 2014 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) is providing an operations update for the quarter ended December 31, 2013. (Logo [...]
BRISTOL, Va., Jan. 23, 2014 /PRNewswire/ -- Alpha Natural Resources (NYSE: ANR), a leading U.S. coal supplier, plans to report its fourth quarter and full year 2013 results before the market opens on Wednesday, February 12, 2014. A conference call to review the results and current business conditions is scheduled to follow at 10:00 a.m. EST that [...]
The board of directors of Peabody Energy today declared a regular quarterly dividend on its common stock of $0.085 per share. The dividend is payable on Feb. 27, 2014, to holders of record on Feb. 6, 2014. Peabody Energy is the world's largest private-sector coal company and a global leader in sustainable mining and clean coal solutions. The [...]
ST. LOUIS, Jan. 22, 2014 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that Michael W. Sutherlin has been appointed as a member of the company's Board of Directors. Until December 2013, Sutherlin served as President and Chief Executive Officer of Joy Global Inc., a worldwide leader in mining equipment and services for surface and [...]
PITTSBURGH, Jan. 22, 2014 /PRNewswire/ -- Consol Energy Inc. (NYSE: CNX) announced today that it has selected Timothy C. Dugan as the new Chief Operating Officer for its Exploration and Production (E&P) division. Mr. Dugan comes to CONSOL Energy from Chesapeake Energy where he most recently served as Vice President of the Appalachia South Business [...]
ST. LOUIS, Jan. 21, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that lower-than-planned shipment levels in the Powder River Basin and reduced production levels at the Mountain Laurel complex in Appalachia will impact its fourth quarter 2013 financial results. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) In [...]