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BRISTOL, Va., Oct. 2, 2013 /PRNewswire/ -- Alpha Natural Resources Inc. (NYSE: ANR), a leading U.S. coal producer, announced today that it has amended its secured credit facility. The credit agreement amendment eliminates the interest coverage ratio through the end of 2014 and relaxes the interest coverage ratio from 2.00 times to 1.25 times [...]
LONDON, Oct. 2, 2013 /PRNewswire/ -- Edison Investment Research, a leading international investment research firm, announces the initiation of coverage of Rare Element Resources (NYSE: REE), a mineral development company focused on developing its Bear Lodge project. Edison's comprehensive report, Bear Lodge rare earth oxide project, was published [...]
Veolia's WIIX calculates positive water impact of 1.3 billion gallons per year CHICAGO, Oct. 1, 2013 /PRNewswire-USNewswire/ -- Veolia Water, the global leader in water and wastewater services and technologies, has successfully commissioned and begun operational management of the Consol Energy Inc. (NYSE: CNX) Northern West Virginia Water Treatment [...]
Stephen M. Johnson to Join Company's Board CLEVELAND, Sept. 30, 2013 /PRNewswire/ -- Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) announced today that its Board of Directors has elected Stephen M. Johnson, 62, chairman, president and chief executive officer of McDermott International, Inc. to Cliffs Board. The appointment is effective [...]
Trio Resources is pleased to announce that it has formed a wholly-owned subsidiary to provide a vehicle for expanding its land package of properties with known quantities of mineralized materials. The subsidiary, Trio Resources Exploration and Development, will pursue joint venture and acquisition opportunities to develop Trio's reserves of [...]
Trio Resources is pleased to announce that it will install the gravitational mill recently purchased on the Company's Duncan-Kerr Property in Cobalt, Ontario, allowing the Company to process stock piles of mineralized material in house. Trio's mill will process 100 tons a day at full capacity, and is scheduled to go into operation by the end of [...]
ST. LOUIS, Sept. 24, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that it completed a new secured credit facility, including an expanded five-year $1.65 billion revolver due in 2018 and a seven-year $1.2 billion term loan due in 2020. The new credit facility replaces the company's $1.5 billion revolver and $1.2 billion term [...]
ST. LOUIS, Sept. 23, 2013 /PRNewswire/ -- Peabody Energy (NYSE: BTU) today announced that the United Mine Workers of America (UMWA) had previously rejected an offer in settlement of all claims with the UMWA, payable over 15 years, which could also have been used to provide 3,100 Patriot Coal retirees with lifetime healthcare benefits comparable to [...]
ST. LOUIS, Sept. 20, 2013 /PRNewswire/ -- Peabody believes that the U.S. Environmental Protection Agency's (EPA's) proposed rule, if advanced, would cause consumers' power bills to skyrocket over time and cause more pain at the plug than Americans have experienced at the pump. Carbon capture and storage technology is simply not commercially [...]
ST. LOUIS, Sept. 20, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE: ACI) issued the following statement in response to the U.S. Environmental Protection Agency's proposed New Source Performance Standards (NSPS) announced today: (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) "The coal-based generation industry has made tremendous [...]
VANCOUVER, Sept. 19, 2013 /PRNewswire/ - Amarc Resources Ltd. ("Amarc" or the "Company") (TSX-V: AHR; OTCBB: AXREF) is pleased to provide results from its summer exploration programs at silver and copper properties located in central and northern British Columbia ("BC"). In particular, surface exploration at the ZNT joint venture property has [...]
RICHMOND, Va., Sept. 19, 2013 /PRNewswire/ -- James River Coal Company (Nasdaq: JRCC) (the "Company"), today announced the final results of its previously announced offers to exchange (i) up to $31.739 million aggregate principal amount of its 10.00% Convertible Senior Notes due 2018 (the "New Notes") for any and all of its outstanding 4.50 [...]