Proactiveinvestors United Kingdom Atlantic Coal Plc articles

Atlantic Coal: Stockton operations boosted by rail project

Wed, 18 Apr 2012 14:03:00 +0100

Shares in Atlantic Coal rose strongly after it announced a railroad diversion into its Stockton colliery in Pennsylvania had been completed. Separately the firm's operational performance is said to be 'excellent'.

Atlantic Coal accesses one million tonnes of previously unworkable reserves

Wed, 18 Apr 2012 10:08:00 +0100

Atlantic Coal said completion of a railroad diversion into its Stockton colliery in Pennsylvania now gives the group access to one million tonnes of previously unworkable reserves.

Atlantic Coal shares surge after Stockton Colliery boosts revenues

Tue, 23 Aug 2011 14:33:00 +0100

Shares in Atlantic were up 10 per cent this afternoon after the firm revealed it had boosted production at its colliery in Pennsyvlania. Atlantic aims to produce 300,000 tonnes of run-of-mine coal from Stockton in 2011.

Investors warming to red hot coal market

Wed, 12 Jan 2011 10:44:00 +0000

Supply shortages in China and the voracious appetite of India have set the scene for a strong decade for the coal market, according to the Nomura Equity Research’s mining team. Here we look at some of the junior coal miners setting the market alight.

Atlantic Coal quarterly output hits new high

Fri, 07 Jan 2011 10:12:00 +0000

It would appear that Atlantic Coal’s new excavator is continuing to boost production. Total sales of anthracite for the December quarter were 31,600 tons, according to a note released today by the broker Fox-Davies.

Blackrock more than doubles its stake in Atlantic Coal

Tue, 04 Jan 2011 07:48:00 +0000

Atlantic Coal received a boost as it revealed that investment giant Blackrock has reversed its stance on the AIM-listed digger with assets in Pennsylvania. It was announced this morning that Blackrock will buy 75 million new shares in the company at a price of 0.4p, raising its stake from 3.47 per cent to 7.24 per cent.

Atlantic Coal: A busy and eventful year paves the way to success in 2011

Thu, 23 Dec 2010 09:28:00 +0000

It has been a busy and eventful year for the company and CEO Steve Best as he has dealt with a series of obstacles and legacy issues. The new year looks set for some good strategic progress as the Stockton mine in Pennsylvanie is taking advantage of strong demand for coal.

Atlantic Coal consolidating the niche US anthracite industry

Fri, 23 Apr 2010 08:43:00 +0100

UK-headquartered Atlantic Coal aims to consolidate the niche US anthracite industry around its profitable 4 million ton coal mine in Pennsylvania.

Atlantic Coal acquires Maple Carpenter Creek in all-share deal, Fox-Davies ups target to 2.5 pence

Mon, 07 Dec 2009 15:14:00 +0000

The company said the acquisition was part of its strategy to expand its asset base and production by leveraging cash flow from the producing Stockton Coal Mine in Pennsylvania.