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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.
News For CLD From The Last 14 Days
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December 17, 2014
11:29 EDTCLDJoy Global sees U.S coal market to be challenged in 2015
Joy Global says U.S. coal exports are likely to decline this year. Falling gas prices attributable to warmer weather will result in a switch to gas for electricity production. Publicly traded companies in the coal space include Alliance Resource Partners (ARLP), Alpha Natural (ANR), Arch Coal (ACI), CONSOL (CNX), Cloud Peak (CLD), Peabody (BTU) and Walter Energy (WLT).
December 11, 2014
10:06 EDTCLDCloud Peak says CFO resignation effective March 16, 2015
As previously disclosed by Cloud Peak Energy on September 2, CPE’s current EVP and CFO, Michael Barrett, provided CPE with notice that he is planning to relocate his family back to Australia and expected to resign from Cloud Peak Energy by the end of the first quarter of 2015. CPE also announced on September 2 that it expects to promote Heath Hill, currently Cloud Peak Energy’s Vice President and Chief Accounting Officer, to serve as EVP and CFO following Barrett’s departure. On December 11, Cloud Peak said in a filing that Barrett provided notice that his resignation will be effective at the close of business on Monday, March 16, 2015.

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