Arch Coal today earned a spot in the 2014 InformationWeek Elite 100. This marks the ninth consecutive year that Arch Coal has been ranked one of the nation's most innovative users of business technology by InformationWeek. "The 2014 InformationWeek Elite 100 highlights companies that are leading this digital business revolution, redefining business [...]
CHARLESTON, W.Va., March 31, 2014 /PRNewswire/ -- The Arch Coal Foundation named 12 outstanding West Virginia classroom teachers today as recipients of the prestigious Arch Coal Teacher Achievement Award. It is West Virginia's longest-running, privately sponsored teacher recognition program, and this is the 26th class of teachers to be honored [...]
Arch Coal today announced that it has sold its Hazard subsidiary to Blackhawk Mining for $26.3 million in cash, prior to post-closing adjustments. This sale includes the Hazard thermal coal mining complex and related infrastructure as well as approximately 38 million tons of thermal coal reserves in eastern Kentucky. As part of the sale, Arch has [...]
The board of directors of Arch Coal today announced two changes to the company's senior management team. John A. Ziegler, Jr. has been elected chief commercial officer, effective immediately. Ziegler will be responsible for leading all of Arch's sales and marketing efforts, including contract administration and transportation logistics. He will [...]
Arch Coal today announced several changes to its board of directors. Chairman Steven F. Leer, 61, will retire from Arch's board following the company's annual shareholder meeting on April 24. Leer served as the company's chief executive officer from 1997 to 2012, and as president of Arch Mineral Corporation, a predecessor company, from 1992 to [...]
Arch Coal today announced that it has sold ADDCAR Systems, L.L.C. to UGM Holdings Pty. Ltd. for a total of $21 million. ADDCAR has been a wholly owned subsidiary of Arch Coal since the International Coal Group (ICG) acquisition in 2011. Kentucky-based ADDCAR's primary business is manufacturing, servicing and operating highwall mining equipment [...]
The board of directors of Arch Coal today declared an annual cash dividend of $0.01 per share on the company's common stock. The annual cash dividend of $0.01 per share is payable in full on March 14, 2014 to ACI shareholders of record on Feb. 28, 2014. John W. Eaves, president and CEO of Arch Coal Inc., said, "Arch is sharply focused on actions [...]
Arch Coal today reported revenues of $719.4 million and adjusted earnings before interest, taxes, depreciation, depletion and amortization of $38.4 million in the fourth quarter of 2013. The company's results reflect a softer pricing environment for metallurgical and thermal coals than in the prior-year quarter, as well as the impact of previously [...]
CHARLESTON, W.Va., Jan. 31, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE: ACI) today announced that its Appalachian operations earned 10 prestigious safety and environmental awards in West Virginia, including three of the state's top honors for mine reclamation and mine safety. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) Tygart [...]
ST. LOUIS, Jan. 21, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that lower-than-planned shipment levels in the Powder River Basin and reduced production levels at the Mountain Laurel complex in Appalachia will impact its fourth quarter 2013 financial results. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) In [...]
SCOTT DEPOT, W.Va., Jan. 7, 2014 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced that Charles G. Snavely has elected to retire as president of the company's eastern U.S. operations, following an exceptional 35-year career in the coal industry. (Logo: http://photos.prnewswire.com/prnh/20120727/CG47668LOGO) "Charles has made a significant [...]
Actions Increase Liquidity, Extend Debt Maturities and Enhance Financial Flexibility ST. LOUIS, Dec. 17, 2013 /PRNewswire/ -- Arch Coal Inc. (NYSE:ACI) today announced the successful completion of a series of financing transactions, including amendments to its senior secured credit facility, a $300 million senior secured Term Loan B facility [...]
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