Latest Appalachia Stories

ST. LOUIS, June 21, 2012 /PRNewswire/ -- Arch Coal, Inc. (NYSE: ACI) today announced plans to idle several operations and to reduce production at other mining complexes in Appalachia due to the unprecedented downturn in demand for coal-based electricity. Today's actions, along with other recent changes in Appalachia, will result in a total workforce reduction of approximately 750 full-time employee positions. "We deeply value our people, and the decision to reduce personnel was made...

A celebration of Appalachian coal jobs is attracting leaders from across the region RICHMOND, Va., May 14, 2012 /PRNewswire-USNewswire/ -- Virginia Governor Bob McDonnell and U.S. Congressman Morgan Griffith (VA-9) both confirmed they will be participating in the Federation for American Coal Energy and Security's (FACES of Coal) Appalachian Coal Jobs Rally on June 2nd in Abingdon, VA. The Rally is being billed as a celebration of Appalachian Coal Jobs and will feature live...

ST. LOUIS, May 8, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter ended March 31, 2012. For the 2012 first quarter, the Company reported revenues of $502.6 million and Adjusted EBITDA of $36.2 million. "Since the beginning of 2012, in response to new challenges facing our business, the Patriot management team has taken numerous swift and decisive actions to put the Company on a more stable footing going...

RICHMOND, Va., April 23, 2012 /PRNewswire/ -- James River Coal Company (NASDAQ: JRCC), will release its first quarter results for 2012 before the market opens on May 3, 2012. The Company will hold its quarterly conference call and webcast on the same day at 11:00 a.m. Eastern Time. The conference call will be open to the public. The toll free number is 877-340-2553. International callers please use 678-224-7860. The conference call can also be accessed via webcast on the James...

Intel Americas’ Linda Kenworthy to chair the Task Force’s Technology Committee Columbus, Ohio (PRWEB) April 02, 2012 The Connect Appalachia Broadband Initiative (CABI) Task Force is pleased to announce Intel Corporation as a partner in the efforts to bridge the digital divide that exists in Ohio’s Appalachian region. Intel Corporation has pledged its support of the initiative with a generous financial contribution to offset Task Force administrative and monthly meeting costs, as...

RICHMOND, Va., Feb. 16, 2012 /PRNewswire/ -- James River Coal Company (NASDAQ:JRCC), will release its fourth quarter and full year results for 2011 before the market opens on March 1, 2012. The Company will hold its quarterly conference call and webcast on the same day at 11:00 a.m. Eastern Time. The conference call will be open to the public. The toll free number is 877-340-2553. International callers please use 678-224-7860. The conference call can also be accessed...

ST. LOUIS, Feb. 2, 2012 /PRNewswire/ -- Patriot Coal Corporation (NYSE: PCX) today reported its financial results for the quarter and year ended December 31, 2011. For the 2011 fourth quarter, the Company reported revenues of $603.9 million and EBITDA of $43.1 million. Revenues and EBITDA for the year-ago quarter were $528.2 million and $42.8 million, respectively. For the year, the Company reported revenues of $2.4 billion and EBITDA of $176.7 million. Revenues and EBITDA for 2010 were...

NEWARK, N.J., Jan. 30, 2012 /PRNewswire/ -- The Appalachian Regional Commission (a regional economic development agency consisting of 13 member states) is now using PIERS, The Standard in Trade Intelligence, to support their Global Appalachia Export Initiative. The new Global Appalachia initiative has made available to each ARC member-state up to $100,000 in ARC Co-Chair funds to match, dollar-for-dollar, individual state or state-secured investments that support the goals of the...

New Task Force Aim is to Bring Broadband Availability and Adoption Rates to within State and National Standards Columbus, Ohio (PRWEB) December 09, 2011 Today, the Governor’s Office of Appalachia in conjunction with Connect Ohio, and Chesapeake Energy announced the launch of Connect Appalachia Broadband Initiative, a special initiative to address the broadband divide facing rural Appalachia. The Connect Appalachia Broadband Initiative will be run by a task force made up of state...

RADNOR, Pa., Oct. 26, 2011 /PRNewswire/ -- Penn Virginia Resource Partners, L.P. (NYSE: PVR) ("PVR") today announced that it has purchased 18.6 million tons of coal reserves along with associated timber, oil and gas assets on over 4,700 acres of properties in Kanawha and Boone counties, West Virginia. The coal reserves have excellent transportation access to both railroad and river barge facilities and producing deep mines are located on or adjacent to the acquired properties. Purchase...