Global Clean Energy, Inc. (the “Company”) (OTCBB: GCEI) is pleased to announce that the Financial Industry Regulatory Authority has approved the Company’s common stock for quotation on the Over-The-Counter Bulletin Board under the trading symbol “GCEI.” Global Clean anticipates that trading will commence later this week.
Global Clean Energy has been working diligently to become a [...]
It is reported that overseas metal and mining companies are eyeing a number of US coal companies as strong demand for steel around the world has resulted in higher prices and short supply for the coal used in steelmaking.
As per report, Indian and Russian firms in particular are looking to snap up assets in order [...]
The Cleveland-based company announced its bid for Alpha on July 16 in which Abingdon, Va.-based Alpha shareholders would receive 0.95 Cleveland-Cliffs shares and $22.23 in cash for each share. The companies pegged the deal at $10 billion the day it was announced. Based on the company’s 70.3 million outstanding shares at April 23, the deal [...]
Arch rose $4.70, or 9.2 percent, to $55.64 in New York Stock Exchange composite trading. It was the biggest gain since April 8. The stock has climbed 84 percent in the past year.
Cash prices for coal in Wyoming’s Powder River Basin, where Arch gets about three-fourths of its production, jumped 63 percent from a year [...]
“In the next 12 months there will be an unprecedented amount of both domestic and cross-border mergers and acquisitions,” Wilbur Ross, chairman of International Coal Group Inc. (ICO), told Bloomberg News. “U.S. reserves are undervalued relative to those in the rest of the world.”
At a point when the U.S. economy is slowing under the weight [...]
Many energy-hungry countries are buying up coal to fuel their power plants, as the Times’ Chris Kraul writes from Colombia. Never mind that this Industrial Age fossil fuel is one of the dirtiest pollutants known to man and a leading source of the carbon and methane emissions that help produce the greenhouse gases that most [...]