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Arch Coal Closes $300 Million Senior Secured Term Loan Facility
March 9, 2017
Arch Coal, Inc. has successfully refinanced its senior secured term loan and, in response to strong demand and very attractive rates, has upsized the term loan to $300 million from the previously announced level of $250 million. The interest rate
W. Va. Attorney General Morrisey Meets with President Trump About Coal Mining
March 8, 2017
West Virginia Attorney General Patrick Morrisey discussed efforts to reinvigorate coal mining and eradicate the state’s opioid drug epidemic during a Tuesday meeting with President Donald Trump. The Attorney General visited the White House as part of this week’s Winter
Retired Coal Miners Fight to Rescue Health Benefits
March 8, 2017
To retired coal miners of America, the thought of losing their safety net — union promised health insurance and pensions — has them on desperation’s edge with Congress. If they don’t get federal bailout money to make up for these
Interior Secretary Zinke Promises Review of Federal Coal Leasing Program
March 8, 2017
Interior Secretary Ryan Zinke on Friday promised a comprehensive review of the federal coal leasing program, even as President Donald Trump moves to do away with a moratorium on coal leases on public lands. Trump, who has vowed to revitalize
President Trump to Sign Executive Orders to Roll Back Clean Power Plan, Mining Lease Moratorium
March 8, 2017
President Trump plans to sign an executive order this week that scraps two major Obama energy and climate regulations in one fell swoop. The presidential executive order aims to roll back the Clean Power Plan, the centerpiece of former President
Coal Mining Begins Seeing Revival as President Trump Gives Industry Hope
March 8, 2017
A long-awaited revival is under way in this beleaguered Central Appalachia community where residents see coal as the once and future king. Trucks are running again. Miners working seven days a week cannot keep up with current demand. Coal mines,
Kingdom Resources to Reopen Enterprise Coal Mine, Kentucky
March 8, 2017
Kingdom Resources, a Texas company, plans to take over operations at the old Enterprise Mine on Defeated Creek at Redfox. “We are going to reopen the number nine mine and then begin washing and loading either the end of the
May 12 & 13: Mining and Oil & Gas Industry Helps Make Wishes Come True at Golf Outing
March 7, 2017
On behalf of Make-A-Wish® Greater Pennsylvania and West Virginia and the Energy Golf Committee, you are invited to participate in the Make-A-Wish Energy Golf Outing. For more than 20 years, people from the Mining and Oil & Gas markets have
Synalloy Acquires Marcegaglia USA’s Stainless Steel Pipe and Tube Operations for $14.95 Million
March 7, 2017
Synalloy Corporation’s subsidiary Bristol Metals, LLC, has closed on the purchase of Marcegaglia USA’s stainless steel pipe and tube operations. The purchase price for the transaction of $14.95 million includes primarily the stainless steel pipe and tube manufacturing equipment and
Newmont Secures Rights to Explore and Develop Prospective in Canada’s Yukon Territory
March 7, 2017
Newmont Mining Corporation has secured rights to access and explore a highly prospective gold district in Canada’s Yukon Territory through a private placement with Goldstrike Resources. The agreement entitles Newmont to earn up to 80 percent equity in the Plateau
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