Murray Energy Files for Chapter 11
At least seven coal companies have filed for bankruptcy protection this year as consumers shift to renewable energy sources.
Coal Bankruptcies Continue With Blackhawk Filing
The company is seeking to reduce a $1 billion debt burden resulting from acquisitions of the assets of distressed mining firms.
Armstrong Energy Succumbs to Coal Slump
The Western Kentucky coal producer's bankruptcy illustrates the challenges facing President Trump's vision of a coal industry revival.
Pressed by Investors, CFOs Awake to Sustainability
Finance chiefs' indifference to sustainability is slowly — and irreversibly — starting to change, a corporate valuation expert observes.
Big Banks Pledge to Cut Coal Industry Lending
Morgan Stanley and Wells Fargo commit to reducing credit exposures, but the coal industry is in decline anyway.
No. 2 U.S. Coal Miner Sparks Bankruptcy Fears
Arch Coal may have to file Chapter 11 bankruptcy unless bondholders approve a debt swap.
Goldman Sells Last Physical Commodity Asset
The sale of a Colombian mining operation at a steep loss completes Goldman Sachs' exit from the commodity business after nearly 35 years.