Coal's Future Remains Uncertain
A year after Donald Trump was elected president on a promise to revive the ailing U.S. coal industry, the sector’s long-term prospects for growth and hiring remain as bleak as ever. A Reuters…
U.S. Coal Exports Soar, Revived in Part by New Energy Policy
U.S. coal exports have jumped more than 60 percent this year due to soaring demand from Europe and Asia, according to a Reuters review of government data, allowing President Donald Trump's…
Peabody Makes Fresh U.S. Stock Debut After Bankruptcy Exit
U.S. coal miner Peabody Energy Corp returned to the New York Stock Exchange on Tuesday after emerging from a year-long $8 billion Chapter 11 bankruptcy with far less debt and an industry champion in the White House.
Arch Coal Bullish on Trump Regulatory Promises
Arch Coal Inc, which emerged from bankruptcy in October, said U.S. President Donald Trump's administration should prove to be positive for its coal businesses. The coal miner also said…
Can Trump Make Coal Great Again?
Most of the U.S. coal industry doubts Donald Trump can fulfill his promise to make the ailing industry great again in a country awash in dirt-cheap natural gas, a competing fuel. But a…
Battered U.S. Coal Industry Hopes for Trump
Republican presidential nominee Donald Trump has won over the U.S. coal industry by promising to revive the downtrodden sector and scrap regulations if elected. But the industry has a Plan…
Bankrupt Wyoming Coal Giant Turns to Grass
A squad of about ten Peabody Energy Corp. miners clad in steel-toed boots and hard hats climbed into massive bulldozers on a recent morning, ready to create rolling hills of grass over…
Peabody Energy Cutting 235 in Powder River Basin
Peabody Energy Corp, the largest U.S. coal producer, said it would lay off about 235 employees at a mine in the Powder River basin, two weeks after the company flagged bankruptcy risk.
Obama Administration Offers Aid to Coal Communities
The Obama administration released $65.8 million on Thursday to help communities that are struggling from the decline of the coal industry and bankruptcies of major producers of the fuel.
Peabody Skips Interest Payment
Peabody Energy Corp, the largest U.S. coal producer, said it may have to seek bankruptcy protection as it did not have enough funds to continue operations. Falling demand for coal, tough…
Arch Coal files for bankruptcy
Arch Coal Inc, the second-largest coal miner in the United States, and its domestic subsidiaries filed for Chapter 11 bankruptcy to facilitate a restructuring with a group of lenders that hold more than 50 percent of its debt…
Arch Coal Noteholders Reject Debt Swap Deal
Arch Coal Inc moved closer to bankruptcy after noteholders rejected a debt exchange proposal aimed at boosting the coal miner's liquidity. Heavily-indebted Arch Coal has been hit by weak demand and stricter regulation…
CalPERS Warned on Exit from Coal
As California's pension funds discuss divesting from investments in coal companies, a consultant warned on Monday that past efforts to divert CalPERS' money away from investments deemed unethical have cost the largest U.S.
Arch Coal Debt Deadline Extended
Arch Coal said the deadline for its debt exchange plan had been extended again, to Oct. 26, as a court hearing on a legal battle between its creditors is scheduled for Friday. A creditor sued a group of lenders last week…
Creditor Sues Arch Coal's Lenders
A creditor of Arch Coal Inc has sued a group of lenders alleging they are trying to use the struggling U.S. miner's credit agreement to block its out-of-court restructuring efforts and push it into bankruptcy.
Clinton Waivers on Past Pro-Coal Positions
In her 2008 bid for the White House, Hillary Clinton cast herself as a blue-collar Democrat who was unabashedly pro-coal, a stance that helped her beat opponent Barack Obama easily in primaries…
CA Coal Divestment Bill Clears Committee Vote
A bill to require California's state pension funds Calpers and CalSTRS to sell their investments in companies that generate at least half their revenue from coal mining passed an Assembly committee by a vote of 5-1 on Wednesday.
Kentucky: 'War on Coal' Yields to Hope for New Economy
When Dan Mosley became head of Kentucky's Harlan County government this year, he promised - like those elected before him - to defend the state's beleaguered coal industry. But Mosley also…
For US Coal, Market Realities Grow Increasingly Harsh
Struggling U.S. coal companies face debt hurdles, complications from reclamation and pension obligation, pressure from hedge funds; the Institute for Energy Economics and Financing Analysis…
Arch Coal's Loss Narrows
U.S. miner Arch Coal Inc reported a smaller quarterly loss as the company kept a tight leash on costs amid falling prices. The company's net loss narrowed to $113.2 million, or 53 cents per share…
