Patriot Coal Corp

Popular Topics:

Patriot Coal shutters another mine

Andrew Topf | April 23, 2012
mine closed

Patriot Coal has closed another mine, bringing to four the number of its coal operations shut this year due to continuing weakness in market demand. The St. Louis-based company is idling the Freedom underground mine in Kentucky, giving 60 days notice to its employees.

  • Patriot Coal records loss, idles mine complex

    Select Sector SPDRs | February 3, 2012

    Patriot Coal Corp. recorded a $38.3 million fourth-quarter loss that included civil penalties related to the settlement of a selenium pollution lawsuit in West Virginia and restructuring costs.

  • Patriot Coal down 12% after idling three met mines citing weak global demand

    Frik Els | January 13, 2012
    coal miner_appalachia

    Patriot Coal was beaten down more than 12% on Friday after announcing it will cut production of coking coal due to weakening global demand.

  • Patriot Coal and Peabody Energy benefit from favorable pricing environment

    Marketwire - Coal | September 15, 2011

    Coal producers are benefitting from skyrocketing demand and improved pricing of late. Meanwhile, Coal shortages in China and India are directly assisting US exporters and have played a major role in the better pricing environment.

  • Increasing coal exports drive Patriot Coal's metallurgical coal mine expansion

    Marketwire | July 27, 2011

    As global coal demand continues to increase, Patriot Coal Corporation (NYSE:PCX) (St. Louis, Missouri) is continuing construction and preparations to increase production at the company's mines. At a conference call yesterday discussing the company's second fiscal quarter, Patriot President and CEO Richard Whiting spoke about the company's expansion of its metallurgical coal mines, known as the "Met Build-Out" project.

  • Patriot Coal surpasses estimates

    Yahoo! Finance | July 27, 2011

    Coal producer Patriot Coal Corporation (NYSE: PCX – News) posted operating earnings of 13 cents per share for the second quarter, surpassing the Zacks Consensus Estimate of 10 cents.

  • Patriot Coal halts production at West Virginia mine

    MINING.com Editor | March 11, 2011
    coal-loading-mining

    According to a report from Reuters, Patriot Coal Corp. has halted production at its Rivers Edge metallurgical mine in West Virginia due to flooding in a sealed, mined-out area.

    An employee at its Rivers Edge mine discovered excess water behind two seals on March 7, which prompted the Mine Safety and Health Administration (MSHA) to issue an imminent danger order, the St. Louis, Missouri-based firm said in a regulatory filing.

    Patriot said the flooding, which followed heavy rain, led to an evacuation of the mine.

  • Banner spot 2

  • Banner spot 3