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· Patriot was formed as a spinoff from the Appalachian operations of St. Louis-based Peabody Energy Corp. in 2007. In December, Patriot announced it was …
confronting a near catastrophic confluence of headwinds threatening to shutter operations and put 2,500 workers on the unemployment lines of Appalachia. Energy prices had plummeted as declining natural gas prices depressed the market. Washington regulators attempted to eliminate coal production. Two mines collapsed. The company was embroiled
"The Mud River ecosystem is on the brink of a major toxic event," wrote U.S. Forest Service biologist A. Dennis Lemly in a 2008 report filed in a lawsuit brought by Appalachian Mountain Advocates to force Patriot Coal to reduce selenium runoff from Hobet.
Alpha Natural Resources is a large American producer of metallurgical coal ("met coal") for the industrial production of steel and iron and low-sulfur thermal coal ("steam coal") to fuel steam boilers for the production of electrical power. In November, 2018 the company was acquired by Contura Energy. The company also provides industry services relating to equipment repairs, road construction ...
· Coal producer Patriot Coal Corporation's (PCX) third quarter loss came in at 51 cents per share, better than the Zacks Consensus Estimate of a loss of 56 cents. The company …
· Today, Patriot Coal Corporation (NYSE: PCX) announced its intention to immediately begin phasing out all large scale surface mining in Appalachia. The announcement follows an historic agreement with the Sierra Club, Ohio Valley Environmental Coalition, and the West ia Highlands Conservancy, represented by attorneys from Appalachian Mountain Advocates.
Blackhawk is proposing to buy the Kanawha Eagle, Midland Trail/Blue Creek, Paint Creek, Wells, Rock Lick, Panther and Logan County mining complexes in Central Appalachia from Patriot, as well as river terminals Patriot controls. Most of the operations produce metallurgical coal, …
Patriot Coal Corporation (Patriot) is a producer of thermal coal in the eastern United States, with operations and coal reserves in the Appalachia and the Illinois Basin coal regions. The Company operates in two segments: Appalachia Mining Operations and Illinois Basin Mining Operations.
Patriot Coal has concluded that the continuation or expansion of surface mining, particularly large scale surface mining of the type common in central Appalachia, is not in its long term interests. Today's proposed settlement commits Patriot Coal to phase out and permanently exit large scale surface mining and transition our business ...
Great news -- Patriot Coal Corporation, one of the largest coal mining companies in Appalachia, has declared that it will immediately begin phasing out its mountaintop removal mining in Appalachia. I am so glad to hear that a company has made this commitment, but the EPA still needs to take action to adopt an enforceable rule to protect streams ...
Case Background. On October 26, 2015, Patriot Coal Corporation's Plan of Reorganization (the "Plan") became effective, marking the successful completion of the Company's restructuring process under Chapter 11 of the United States Bankruptcy Code in the Bankruptcy Court for the Eastern District of ia, in Richmond, VA.
Patriot Coal Corporation is a leading producer and marketer of coal in the eastern United States, with 14 active mining complexes in Appalachia and the Illinois Basin. The Company ships to ...
Patriot Coal Corporation is a producer and marketer of coal in the eastern United States, with 11 active mining complexes in Appalachia and the Illinois Basin. Patriot ships to domestic and international electricity generators, industrial users and metallurgical coal customers, and controls approximately 1.9 billion tons of proven and probable ...
· Arclight Capital Partners has completed its sale of Magnum Coal Co. to Patriot Coal Corp. (NYSE: PCX) for nearly $709 million. The deal creates the second-largest coal producer in central Appalachia.
· In 2007, Peabody Energy spun off a number of operations that carried substantial obligations for black lung benefits, retiree healthcare and pensions into a new company called Patriot Coal, which was underfunded and shaky from its very inception as a direct result of being saddled with obligations and liabilities Peabody sought to evade.
appalachia operations patriot coal corporation. Dec 10 2018 · Then in 2015 Clarke purchased several mines owned by Patriot Coal as part of that company's bankruptcy proceedings Since then he has acquired additional coal mines in Central Appalachia as well as iron ore mines in Minnesota
· PATRIOT COAL CORPORATION, et. al. ) Case No. 12-51502-659) Judge Kathy A. Surratt-States) Chapter 11 Debtors. )) PATRIOT COAL CORPORATION, ) Adversary No. 13-4067-659 HERITAGE COAL COMPANY, LLC, ) ... Appalachia operations, and pursuant to individual employer plans which were created in
Patriot Coal Corporation is a coal-mining company based in St. Louis, Missouri. The company is a 2007 spin-off of most of the Eastern U.S.A. operations of Peabody Energy. Patriot has 14 mining complexes in Appalachia and the Illinois Basin.The company has 13 active mining complexes in Appalachia and the Illinois Basin, ships to domestic and international electric utilities, and controls ...
· The coal companies, backed by local political establishments and conservative jurists skeptical of possible regulatory overreach, have fended off multiple attempts to shut down mountaintop operations.
· Patriot Coal Corporation posted operating earnings of 13 cents per share for the ... $80.8 million from the Illinois Basin Mining Operations and $8.3 million from Other Appalachia Operations ...
· St. Louis, Missouri-based Patriot Coal Corporation is a coal producer and marketer in eastern United States, operating 13 mining complexes in Appalachia and the Illinois Basin.
Patriot Coal Announces New Operations Management . 202026 Patriot Coal Corporation is a leading producer and marketer of coal in the eastern United States, with 14 active mining complexes in Appalachia and the Illinois Basin.
Bankrupt Patriot Coal Corp. agreed Thursday to become the first U.S. coal operator to phase out and eventually stop all large-scale mountaintop removal mining in central Appalachia under an agreement
Patriot Coal has concluded that the continuation or expansion of surface mining, particularly large-scale surface mining of the type common in central Appalachia, is not in its long-term interests. Today's proposed settlement commits Patriot Coal to phase out and permanently exit large scale surface mining and transition our business ...
Patriot Coal Corporation(15-32450) Apogee Coal Company, LLC(15-32455) Appalachia Mine Services, LLC(15-32460) Black Stallion Coal Company, LLC(15-32469) Brody Mining, LLC(15-32471) Catenary Coal Company, LLC(15-32474) Central States Coal Reserves of KY, LLC(15-32476) Colony Bay Coal Company(15-32479) Corydon Resources LLC(15-32480) Coyote Coal ...
· The West ia Department of Environmental Protection Thursday filed a lawsuit against coal operator ERP Environmental Fund, Inc. alleging the company has racked up hundreds of violations, laid off employees, and walked away from its mining operations, leaving environmental obligations unfulfilled.. According to documents filed with the Kanawha Circuit Court on March 26, …
· The creation of Patriot followed on the heels of a similar maneuver by St. Louis-based Arch Coal in 2006 in which the company's union operations in Appalachia were spun-off into Magnum Coal.
· C oal producer Patriot Coal Corporation ... $75.9 million from the Illinois Basin Mining Operations and $4.1 million from Other Appalachia Operations, …
