Westmoreland Coal Co.

Published : December 28th, 2017

Correction: Coal Mine Expansion story

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Change | Climate | Coal | Georgia | Judge | Mine | Mines | People | Press | Stock | Swift | Water |

Correction: Coal Mine Expansion story

This photo taken May 25, 2013, shows an aerial view of Colstrip power plants 1,2,3 & 4 and the Westmoreland coal mines near Colstrip, Mont. U.S. officials have approved a 60-million ton expansion of a southeastern Montana coal mine that serves one of the largest power plants in the western United States, Interior Secretary Ryan Zinke’s office said Friday, Dec. 22, 2017. The approval will extend the life of Westmoreland Coal Company’s Rosebud Mine by 19 years and adds 10.5 square miles (27 square kilometers) to the 40-square-mile (104-square kilometer) strip mine, Zinke spokeswoman Heather Swift said. (Larry Mayer/The Billings Gazette via AP)

BILLINGS, Mont. (AP) -- In a Dec. 22 story about a Montana coal mine, The Associated Press, relying on incorrect information from the U.S. Interior Department, reported erroneously that the department approved an expansion of the mine. Spokeswoman Heather Swift now says the department is drafting a study of the expansion that could be approved later.

A corrected version of the story is below:

US studying 60-million-ton expansion of Montana coal mine

The Interior Department is studying a 60-million-ton expansion of a southeastern Montana coal mine that serves one of the largest power plants in the western United States

By MATTHEW BROWN

Associated Press

U.S. officials are studying a proposed 60-million-ton expansion of a southeastern Montana coal mine that serves one of the largest power plants in the western United States, Interior Secretary Ryan Zinke's office said Friday.

If approved, the expansion could extend the life of Westmoreland Coal Company's Rosebud Mine by 19 years and add 10.5 square miles (27 square kilometers) to the 40-square-mile (104-square kilometer) strip mine, Zinke spokeswoman Heather Swift said.

Westmoreland has seen its stock price plummet over the past year, prompting speculation the Englewood, Colorado-based company could be headed for bankruptcy.

Chief Executive Officer Kevin Paprzycki stepped down last month shortly after Westmoreland reported a $107 million loss through the first three quarters of 2017.

A Westmoreland representative did not immediately respond to a voice mail message seeking comment.

The Rosebud mine serves the 2,100-megawatt Colstrip power plant. The plant, located in the town of Colstrip, is a major employer in eastern Montana.

It plans to close two of its four electricity generating units by 2022, which means less coal would be needed from Rosebud.

The mine opened in 1968 and produced 8.8 million tons of coal in 2016. It employs about 330 people.

Environmentalists who have been seeking to close down the Colstrip plant opposed the expansion. They said burning the coal that would be mined would contribute to climate change.

A state district judge last year ordered Montana environmental regulators to reconsider the mine's water discharge permit. The judge said state officials erred in reclassifying surrounding waterways so that they were subject to less-stringent pollution standards.

Read the rest of the article at https:
Data and Statistics for these countries : Georgia | All
Gold and Silver Prices for these countries : Georgia | All

Westmoreland Coal Co.

CODE : WLB
ISIN : US9608781061
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Westmoreland Coal is a coal producing company based in United states of america.

Westmoreland Coal is listed in United States of America. Its market capitalisation is US$ 2.8 millions as of today (€ 2.3 millions).

Its stock quote reached its highest recent level on May 18, 2012 at US$ 9.99, and its lowest recent point on April 24, 2018 at US$ 0.15.

Westmoreland Coal has 18 744 151 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Corporate news of Westmoreland Coal Co.
8/2/2016Westmoreland reports 2Q loss
8/2/2016Westmoreland Reports Second Quarter 2016 Results; Reiterates...
8/2/20168:06 am Westmoreland Coal misses by $1.25 (:GAAP), beats on ...
6/29/2016Westmoreland Successfully Amends Revolving Credit
6/11/2016Hedge Funds Staying on Sidelines when It Comes to Coal Stock...
2/2/2016Coal Stock Jumps 21%
2/1/2016Westmoreland Completes Acquisition and Financing for San Jua...
2/1/2016San Juan Mine Sale Finalized
12/21/2015Westmoreland Announces 14 Year Extension at Poplar River Min...
12/15/2015Westmoreland Announces Resumption of Buckingham Operations a...
12/15/2015Identifying Opportunity, Placing Risk - Analyst Notes on Wes...
12/14/2015Do Hedge Funds Love OMNOVA Solutions Inc. (OMN)?
11/27/2015Is Tucows Inc. (USA) (TCX) Going to Burn These Hedge Funds?
11/21/2015More and More Hedge Funds Going Long Oclaro, Inc. (OCLR)
11/6/2015Westmoreland Issues Open Letter to Shareholders
10/28/2015Cloud Peak Energy Surges on Q3 Earnings & Revenue Beat
10/27/2015Peabody Q3 Loss Narrower than Expected; Guidance Trimmed
10/27/2015CONSOL Energy Q3 Loss Wider than Estimates; Revenues Beat
10/23/2015Edited Transcript of WLB earnings conference call or present...
10/23/2015Westmoreland Announces CEO Transition, Management Promotions
10/23/2015Westmoreland reports 3Q loss
10/23/2015Westmoreland Reports Third Quarter 2015 Results, Updates Ful...
10/22/2015Westmoreland to Host Third Quarter 2015 Earnings Conference ...
10/13/2015Westmoreland Schedules Investor Conference Call for October ...
10/8/2015Westmoreland’s Beulah Mine Wins Reclamation Award
10/7/2015Westmoreland Coal Company Deploys Zebra Technologies’ WLAN I...
9/3/2015Westmoreland’s Beulah Mine Extends Heskett Coal Supply Agree...
9/2/2015The Reliable Indicator That Signals Triple-Digit Gains
8/31/2015Westmoreland’s Jewett Mine Wins Safety and Reclamation Award
8/31/2015Westmoreland’s Jewett Mine Wins Safety and Reclamation Award...
8/6/2015Should You Get Rid of Westmoreland Coal (WLB) Now? - Tale of...
8/4/2015Westmoreland Completes Contribution of Kemmerer Mine to West...
7/30/2015Arch Coal's Q2 Loss Wider than Estimates, Revenues Miss - An...
7/29/2015Westmoreland CEO Addresses Shareholder Letter
7/27/2015LF Partners' Charles Frischer Sends Letter to Westmoreland C...
7/24/2015Edited Transcript of WLB earnings conference call or present...
7/24/2015Westmoreland Reports Second Quarter 2015 Results
7/24/2015Westmoreland reports 2Q loss
7/23/2015Westmoreland to Host Second Quarter 2015 Earnings Conference...
7/16/2015Zacks Industry Outlook Highlights: Westmoreland Coal, Billit...
7/13/2015Westmoreland Schedules Investor Conference Call for July 24,...
7/8/2015Westmoreland Reaffirms 2015 Guidance; Q2 Results in line wit...
7/8/20157:00 am Westmoreland Coal reaffirms 2015 EBITDA guidance; Q2...
7/7/2015Westmoreland Coal (WLB) in Focus: Stock Tumbles 8.7% - Tale ...
6/23/2015Westmoreland Board Approves Purchase Agreement for San Juan ...
6/23/20157:01 am Westmoreland Coal says its Board has approved the pu...
5/1/201510-Q for Westmoreland Coal Co.
4/23/2015Westmoreland to Host First Quarter 2015 Earnings Conference ...
4/23/2015Peabody Q1 Loss Wider than Expected on Lower Coal Sales - An...
4/17/2015Can Coal Miners Meet Even Modest Earnings Expectations?
4/10/2015Westmoreland Schedules Investor Conference Call for April 24...
3/25/20153 Stocks That Insiders Love
3/21/2015Westmoreland Reports 2014 Year End Results – Record Revenue ...
3/13/2015Westmoreland Appoints John Schadan as President – Canada Ope...
3/13/2015Westmoreland Appoints John Schadan as President – Canada Ope...
3/9/201510-K for Westmoreland Coal Co.
2/27/2015Westmoreland Schedules Investor Conference Call for February...
2/27/2015Westmoreland reports 4Q loss
2/27/2015Westmoreland Reports 2014 Year End Results - Record Revenue ...
2/16/2015Westmoreland Schedules Investor Conference Call for February...
2/16/2015Westmoreland Schedules Investor Conference Call for February...
2/11/2015News Release-Westmoreland Announces 2015 Guidance
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
AMEX (WLB)
0.150-25.00%
AMEX
US$ 0.150
04/24 17:00 -0.050
-25%
Prev close Open
0.200 0.240
Low High
0.150 0.240
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.150 -%
Volume 1 month var.
2,632,355 -%
24hGold TrendPower© : 27
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.82+1.69%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.04+1.38%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54-2.53%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.52+6.78%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.05+2.62%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+2.13%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19-7.32%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.90+1.60%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.43-0.46%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.03+0.00%Trend Power :