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Mining - 21 July 2015

 

Arch Coal takes measures to boost share price

Number two US coal miners, Arch Coal, is to implement a one-for-ten reverse stock split in a bid to boost its share price and remain listed on the New York Stock Exchange.

 

A section of the Deer Run Mine to be restored

Foresight Energy intends to restore power to a portion of the Deer Run Mine, following approval from the Federal Mine Safety and Health Administration and the State of Illinois Department of Natural Resources’ Office of Mines and Minerals.