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News Breaks
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April 2, 2009
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| 18:52 EDT |  | PCX |
| theflyonthewall.com: | Patriot Coal-PCX announces production rationalizations | | Patriot Coal Corporation announced mine rationalizations to bring 2009 production in line with anticipated sales volumes. These actions further the company's Management Action Plan initiated earlier in the quarter in response to the weakened coal markets. As part of today's actions, the company plans to further reduce 2009 production by approximately 2M tons. Regarding metallurgical production, the company plans to idle two contract mines serving the Wells complex. Thermal production will be reduced through the elimination of Saturday workdays at the Hobet complex. Additionally, production start-up at the newly developed Blue Creek complex will be deferred until a point when the markets recover. :theflyonthewall.com |
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February 2, 2012
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| 06:14 EDT | | PCX |
| | 06:12 EDT |  | PCX |
| | 06:10 EDT | | PCX |
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