Wyoming’s Powder River Basin coal will be an essential part of the nation’s energy future even as the country moves toward cleaner power sources. For full story, click here
Continue reading "Wyoming's Powder River Basin Coal is essential for energy future"
Friday, May 1, 2009
James River Coal Co’s quarterly profit has beaten expectations, boosted by a 73 percent surge in the average price of Central Appalachian coal, but it would adjust production volumes to keep pace with the softness in the coal market. Chief Operating Officer C.K. Lane stated: In response to the weak coal markets, we are continuing [...]
Continue reading "James River Coal Q1 profit beat expectations"
Sunday, March 15, 2009
Pike River Coal, the mining company that is looking forward to raise NZ$45 million selling shares to tide it over until coal sales start, reported that delays are likely to reduce revenue for early shipments. Managing director Gordon Ward, stated: This rights issue is to provide the working capital needed due to the delay in [...]
Continue reading "Pike River Coal delays likely to reduce revenue for early coal"
Monday, March 2, 2009
James River Coal Company reported that it had incurred a net loss of USD 33.6 million or USD 1.26 per fully diluted share for the Q4 of 2008 and a net loss of USD 96.0 million or USD 3.91 per fully diluted share for the year ended December 31st 2008. For full story, click here
Continue reading "James River Coal reported 2008 operating results"
Wednesday, February 4, 2009
Pike River Coal Limited announced the issue of 456,450 ordinary shares at an issue price to be in between $1.18 to $1.89. For full story, click here
Continue reading "Pike River Coal Limited Announces Issue Of Securities"
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Tuesday, June 23, 2009