At least seven coal companies have filed for bankruptcy protection this year as consumers shift to renewable energy sources.
The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.
The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.
Finance chiefs' indifference to sustainability is slowly — and irreversibly — starting to change, a corporate valuation expert observes.
Morgan Stanley and Wells Fargo commit to reducing credit exposures, but the coal industry is in decline anyway.
Arch Coal may have to file Chapter 11 bankruptcy unless bondholders approve a debt swap.
The sale of a Colombian mining operation at a steep loss completes Goldman Sachs' exit from the commodity business after nearly 35 years.
Scott Depot, W.Va.-based energy company Patriot Coal is now in talks with a potential buyer, just a year and a half after emerging from Chapter 11.
