Financial Results, Resumed Operations, Appointments, Launches and Corporate Grants - Research Report on Rio Tinto, Peabody, Alpha, CONSOL Energy, and Arch Coal Editor Note: For more information about this release, please scroll to bottom.

NEW YORK, August 27, 2013 /PRNewswire/ --

 

Today, Analysts' Corner announced new research reports highlighting Rio Tinto plc (NYSE: RIO), Peabody Energy Corp. (NYSE: BTU), Alpha Natural Resources, Inc. (NYSE: ANR), CONSOL Energy Inc. (NYSE: CNX), and Arch Coal Inc. (NYSE: ACI). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

Rio Tinto plc Research Report

On August 8, 2013, Rio Tinto plc (Rio Tinto) reported its H1 2013 financial results. The Company posted underlying earnings of $4.2 billion, which indicated a decrease of 17.9%YoY, driven by decreased average market prices and an increased effective tax rate, which was partially offset by record iron ore shipments and cost savings momentum. Net earnings in H1 2013 were down by 70.8% YoY at $1.7 billion, including non-cash exchange losses of $1.9 billion and a $0.3 billion write-off of waste stripping costs and damaged equipment at Kennecott Utah Copper after the pit wall slide at Bingham Canyon in April 2013. Additionally, Rio Tinto's interim dividend increased 15.2%YoY to 83.50 cents per share in H1 2013. Jan du Plessis, Chairman of Rio Tinto, commented, "Our strategy to invest in and operate large, long-life, low-cost, expandable operations remains unchanged. Our interim dividend increased by 15 per cent, in line with our policy and reflecting the increase in our 2012 full year dividend." The Full Research Report on Rio Tinto plc - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/a79b_RIO]

--

Peabody Energy Corp. Research Report  

On August 21, 2013, Peabody Energy Corp. (Peabody) announced the appointment of Glenn Kellow, a veteran mining executive, as the new President and Chief Operating Officer of the Company. According to Peabody, , Glenn Kellow in his new role will have executive responsibility for all aspects of the Company's global operations including safety, production, sales/marketing, environmental, productivity improvement, engineering and planning. He will work under Chairman and CEO Gregory H. Boyce and will also act as a member of Peabody's executive leadership team. Boyce commented, "Glenn's international experience and track record of performance within the mining, energy and steel sectors will further differentiate Peabody within the global coal industry. He brings a record of significant accomplishment around the world and will be a tremendous addition to what is already the best team in the coal industry." The Full Research Report on Peabody Energy Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/ea12_BTU]

--

Alpha Natural Resources, Inc. Research Report  

On August 15, 2013, Alpha Natural Resources, Inc. (Alpha) reported that its subsidiary, Cumberland Coal Resources LP, has resumed its mining operations and coal shipments, after mitigating damaging geological conditions in the headgate area of its Cumberland underground longwall mine in Greene County, Pa, brought the Company's operations to a halt on July 15, 2013. The Company stated that mine personnel are gradually ramping up operations while monitoring the geological status of the headgate area along with safety and operations conditions of all mines.  Alpha's President Paul Vining commented, "Safety will always take top priority for Alpha, and it was absolutely critical that we mitigate the adverse conditions before resuming mining operations. We maintained a reduced workforce of employees who did an outstanding job of focusing on safety first to return the Cumberland Mine to operation." The Full Research Report on Alpha Natural Resources, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/131e_ANR]

--

CONSOL Energy Inc. Research Report

On August 15, 2013, CONSOL Energy Inc.'s (CONSOL Energy) Bailey mine in Greene County, PA welcomed Pennsylvania Coal Alliance's CEO John Pippy and several senior company executives at the formal launch of the Company's new Underground Training Academy. CONSOL Energy President Nicholas J. DeIuliis commented, "Preparing the workforce of tomorrow to do our work safely will allow CONSOL Energy to continue to push the envelope and drive improvement into our next 150 years. This facility is unique to our industry and demonstrates, clearly, our commitment to our top core value of safety. Over the last five years, we have seen steady progress through our safety initiatives - and this academy will help continue that trend." The Full Research Report on CONSOL Energy Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/e76b_CNX]

--

Arch Coal Inc. Research Report

On August 21, 2013, Arch Coal Inc.(Arch Coal) announced that The Arch Coal Foundation (TACF) will provide a grant of $10,000 to Delta County teachers this school year, in an effort to support innovative teaching ideas.

Jim Miller, General Manager of Mountain Coal Company's West Elk mine, noted that the recent sponsorship marks the seventh year for the grants. Miller commented, "Our unique program allows the professionalism and imagination of our Delta County teachers to enhance student learning. I'm always impressed with the quality of ideas from teachers in their grant applications. Since the Arch Coal Foundation began this program, students in many Delta County classrooms have benefitted from its successful teacher-generated ideas." He added, "Mountain Coal Company and the Arch Coal Foundation are pleased that we can continue offering these grants. We proudly support education and teaching excellence in the communities we call home."

The Full Research Report on Arch Coal Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.AnalystsCorner.com/r/full_research_report/b5cd_ACI]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
  5. For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


AnalystsCorner.com

SOURCE Analysts' Corner




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.