The total number of operating coal mines in the U.S. has hit its lowest point since at least 1923, one of the earliest year on record, according to the Energy Information Administration.
Average sales margins for coal miners have fallen by about half since 2011, forcing three of the U.S.'s largest publicly traded producers to file for bankruptcy protection this year.
The slump in the coal market has claimed another victim.
U.S. miners have stabilized or even increased productivity at both surface and underground coal operations in the past two years, a study released Monday shows.
Production costs for a handful of U.S. coal producers declined in 2014, but some Illinois Basin producers actually reported higher costs, according to a cost-of-coal-sales-per-ton analysis by SNL Energy.
Paul Vining will become CEO of an affiliate of Cline Group, focused on the acquisition and operation of coal mines outside of the U.S.
Alpha Natural Resources, Inc.(NYSE: ANR), announced Friday that Plum Energy LLC will construct a liquefied natural gas (LNG) plant on property adjacent to Alpha Coal West Inc.'s Eagle Butte Mine, near Gillette, Wyoming.
The U.S. second largest coal producer blamed weak market conditions and increased government regulation for the decision.
The second-largest U.S. coal producer severely harmed aquatic life, says the ruling.
Company trying to retain execs 'through particularly difficult market and regulatory conditions.'
Alpha Natural Resources violated 6,000 permits related to pollution.
But most of them are.
David Hughart implicated former Massey Energy CEO during trial.
Gary May was sentenced to a 21-month prison term.
A 27-year-old worker died Friday in an accident at a Greenbrier County coal mine, owned by a subsidiary of Virginia-based Alpha Natural Resources (NYSE: ANR).
Alpha Natural Resources (NYSE: ANR) has drastically cut its accident and injury rates in the six months since a landmark $210 million settlement, which spared the company criminal charges over the 2010 mine explosion that killed 29 workers, federal prosecutors said Monday.
It's been a bleak spring for U.S. coal miners—and the question for Arch Coal Inc. ACI -1.66% and Alpha Natural Resources Inc. ANR -3.88% is whether they can even meet lowered expectations.
Alpha Natural Resources, Inc. (NYSE: ANR) announced today that it plans to permanently close the Upper Big Branch (UBB) mine near Whitesville, W.Va.
A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.
Alpha Natural Resources took a $.73 billion hit in the fourth-quarter, but the US coal producer, the third largest of coking coal in the world, said it has a strategy to counter weak US coal markets by cutting production and concentrating on met coal used in steelmaking.
Donald Blankenship, whose former coal company Massey Energy was fined a record $10.8 million for safety violations connected to the worst mining accident in 40 years, has started a new mining company in Kentucky.
Shares in Alpha Resources (NYSE:ANR) climbed 13% today on news that the company pulled in record revenues this year and beat analyst targets.
The Virginia-based company, which acquired Massey Energy after a deadly blast at one of its coal mines last year, said it posted a record $2.3 billion in the first nine months of the year due in part to the inclusion of a full quarter of Massey's results, which contributed $805 million.
Alpha Natural Resources is expected to complete its $7 billion acquisition of Massey Energy Wednesday morning, after Massey shareholders lost two legal challenges in West Virginia and Delaware courts to stop the transaction. Meanwhile two prominent Democrats serving on the …
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