Patriot Coal Corp.

ST. LOUIS, June 12, 2013 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) responded today to the press release issued by the United Mine Workers of America (UMWA) concerning negotiations between Patriot and the UMWA.  Contrary to the UMWA's assertion, Patriot has not "walked out" of negotiations with the UMWA.  In fact, the Company [...]

Today, the bankruptcy court ruled on Patriot Coal's motion to terminate its collective bargaining agreement with the UMWA. The court also addressed Patriot's request to modify its agreement with Peabody regarding retiree benefits. In its order, the court fully agreed with Peabody's contractual position. Peabody will continue to meet its [...]

ST. LOUIS, April 26, 2013 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) today announced that it received three safety awards from the Coal River Council of the Joseph A. Holmes Safety Association. Awards were presented based on the best safety record in 2012 by size and category of operation.  Patriot received awards for the following [...]

ST. LOUIS, March 14, 2013 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) today filed a motion with the Bankruptcy Court in St. Louis seeking to modify collective bargaining agreements with the United Mine Workers of America (UMWA).  Patriot is filing this motion now to obtain critical financial relief in a timeframe that avoids severe [...]

ST. LOUIS, March 14, 2013 /PRNewswire/ -- Asa Fitzpatrick, a 63-year old employee of Newtown Energy, Inc., was fatally injured when a piece of rock fell from the mine roof yesterday afternoon at Kanawha Eagle's Peerless mine, located in Comfort, West Virginia.    "We express our deepest sympathies to Asa's family, friends and [...]

ST. LOUIS, March 11, 2013 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) today announced that it received three Mountaineer Guardian Safety Awards from the West Virginia Coal Association. The following preparation plants received this prestigious safety award in their respective categories:Fanco preparation plant and loadout at the Logan [...]

ST. LOUIS, Feb. 7, 2013 /PRNewswire/ -- Brandon Townsend, a 34-year old employee, was fatally injured yesterday afternoon at Midland Trail Energy's Blue Creek Preparation Plant, located near Charleston, West Virginia after being struck by a hydraulic cylinder on a refuse press.  A second employee received non-life threatening injuries and [...]

ST. LOUIS, Feb. 1, 2013 /PRNewswire/ -- Patriot Coal Corporation today announced that Michael D. Day has been promoted to the new position of Executive Vice President - Operations.  Previously, Mr. Day served as Senior Vice President overseeing Patriot's West Virginia Central and Kentucky operations, along with its centralized engineering [...]

The coal mining industry has experienced major struggles in 2012 as warm temperatures and the emergence of natural gas as a cheaper alternative have caused demand for the commodity to plummet. The Market Vectors-Coal ETF (KOL) has fallen 25 percent year-to-date. The Paragon Report examines investing opportunities in the Coal Industry and provides [...]

ST. LOUIS, Nov. 15, 2012 /PRNewswire/ -- Patriot Coal Corporation (OTC: PCXCQ) today announced that it has reached a proposed settlement agreement with the Ohio Valley Environmental Coalition, Inc., the West Virginia Highlands Conservancy, Inc. and the Sierra Club regarding claims under the Clean Water Act relating to surface mining activities in [...]