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Stock Market & Financial Investment News

News Breaks
June 5, 2014
09:17 EDTCLDCloud Peak to begin Big Metal project exploratory drilling
Cloud Peak Energy announced that exploratory drilling is set to begin next week pursuant to the exploration agreement signed in early 2013 by the Crow Tribe of Indians and Big Metal Coal, a wholly-owned subsidiary of Cloud Peak Energy. The Big Metal option and exploration agreements were signed on January 24, 2013, and those agreements were approved by the Bureau of Indian Affairs on June 14, 2013. The terms provide for exclusive options to lease and develop Northern Powder River Basin coal on the Crow Indian Reservation in southeast Montana, near Cloud Peak Energy’s Spring Creek Mine and Youngs Creek Mining and CX Ranch properties.
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September 23, 2014
07:13 EDTCLDCloud Peak should be bought at current levels, says Stifel
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September 15, 2014
14:04 EDTCLDChina coal rules won't materially suppress demand, says Brean Capital
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13:58 EDTCLDChina to ban imports of dirtier coal, Reuters reports
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09:11 EDTCLDAmbre Energy completes purchase of Decker mine interest from Cloud Peak
Cloud Peak Energy and Ambre Energy Limited announced that on September 12, their companies completed the previously announced transaction for Ambre Energy to purchase Cloud Peak Energy’s 50% interest in the Decker mine in Montana and related assets and assume all reclamation and other liabilities. Ambre Energy is now the 100% owner of the Decker mine and has fully replaced Cloud Peak Energy’s approximately $66.7M in previously outstanding reclamation and lease bonds for the Decker mine. Ambre Energy has also granted Cloud Peak Energy an option for up to 7 million metric tonnes per year of its throughput capacity at the proposed Millennium Bulk Terminals coal export facility, as previously disclosed in the companies’ September 4 joint press release.

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