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Arch Coal recorded $9 million loss to sell its last thermal mine in Appalachia
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Arch Coal Inc. recorded a $9.0 million loss in 2019 from the sale of the Coal-Mac thermal surface coal mine in West Virginia.
Arch announced a deal to sell the mine to an undisclosed buyer for $10 million in October 2019. Arch received $2.3 million of proceeds, offset by $200,000 in closing fees in conjunction with the sale to Condor Holdings LLC.
According to state records in Kentucky, Condor Holdings is affiliated with JMP Holdings LLC, which was formerly associated with Blackhawk Mining LLC. A Blackhawk executive said in an email that Condor is owned by Mitch Potter, the former CEO of Blackhawk, who left the company as part of Blackhawk's bankruptcy court restructuring deal.
In October, Arch said the sale was part of its efforts to focus on its core metallurgical tarcoal business. Coal-Mac was Arch's only purely thermal coal mine in the Appalachian region.
The deal closed Dec. 13, 2019.
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IMAGES
COMMENTS
Cécile Gauert catches up with, Mike Potter, the high-flying, Canadian owner of 58m explorer yacht Seawolf
According to the Kentucky Herald-Leader, best friends Nikki Wiley and Halie Potter boarded the mega-yacht, Lady Michelle, along with other friends back in 2020. As fans know, Below Deck Mediterranean focuses on the crew and guests of the mega-yacht Lady Michelle. The group of guests that appeared in the 610 episodes that aired on August 30 ...
Best friends Niki Wiley, a Lexington real estate agent, and Halie Potter, along with more acquaintances, in 2020 boarded Below Deck Mediterranean's mega-yacht Lady Michelle, Wiley told the ...
COAL BLOODED is a 27.96m superyacht built by Pershing in Italy and delivered in 2014. Explore her photos and specifications here.
Take a look at the top 20 Yachts I saw this Saturday on the Miami River - After spending a couple of hours on Haulover Beach Inlet with more than 10 cameramen filming the same thing I decided to ...
Mitch Potter - 2018 Wingsuit Flying. Siiiiiick lines! Share. Tweet. Similar Videos View All. Base Jumping Euromast 2019 - 4K. Base Jumping Soul Flyers Mont-Blanc Wingsuit Flight. Base Jumping Slide And Jump Off Bridge. Base Jumping Daniel Ristow - Flow State. Base Jumping BASE 3.0 In Norway : Cola FPV Wingsuit & Cinecam.
Coal Blooded is a motor yacht with an overall length of m. The yacht's builder is Pershing S.p.a. from Italy, who launched Coal Blooded in 2014. The superyacht has a beam of m, a draught of m and a volume of GT.
View the profiles of people named Mitch Potter. Join Facebook to connect with Mitch Potter and others you may know. Facebook gives people the power to...
One hundred years of Balboa Yacht Club history have been captured and uniquely portrayed in a new documentary premiering April 14 for BYC members at a special Thursday Night Dinner Program.
Mitch Potter is a coal mine operator.
The Yacht belonged to Mitch and Tiff they used it while traveling to Isla Nublar with Hap on their illegal expedition to hunt down the dinosaurs. They parked it at the northwest dock. The campers then use it to leave the island and return home. But it was attacked and completely destroyed by the Mosasaurus. The yacht was mentioned by Mitch and Tiff, when they promise the campers that they will ...
The 28.04m/92' open yacht 'Coal Blooded' (ex. Excellence IV) was built by Pershing in Italy at their Mondolfo shipyard. This luxury vessel's exterior design is the work of Fulvio de Simoni.
THE WOLF, a 92′ Pershing motor yacht built in 2019 was sold by Peter Quintal, who introduced the buyer. Sean Fenniman with Allied Marine represented the seller.
Preview HMY's line-up of over 25 boats and yachts that will be on display at the 2020 Fort Lauderdale International Boat Show.
Discover the luxury yacht SAMSARA, a masterpiece by Oceanco, owned by J.K. Rowling. Explore its stunning design, luxurious features, and detailed specifications.
Experience the Pershing 6X super-fast luxury motor yacht and explore her special features and dazzling design.
Leading Regional Coal Mining Company, The Potter Family, to Auction Nearly 1,500 Acres Including Windswept, the 430+ Acre Magnificent Lakefront Community in Morristown, Tennessee
Place for West Wight Potter owners (and other trailerable sailboat owners) to sell or buy boats and related gear for sale.
The Potter Yachters is an informal social club of West Wight Potter owners (and other trailerable sailboat owners) based mostly in the San Francisco area. Established in 1978.
mitchpotter.com ... VDOM
MCRA Executive Director Leasha Johnson explained that Booth Energy sold the mining operation two weeks ago to Mitch Potter, the owner and operator of Coal-Mac, who currently also has an operation at the James H. Harless Industrial Park.
A Blackhawk executive said in an email that Condor is owned by Mitch Potter, the former CEO of Blackhawk, who left the company as part of Blackhawk's bankruptcy court restructuring deal.