• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Core Takes Steps to Address Combustion-Related Activity at its Leer South Mine

    1/16/25 7:30:00 AM ET
    $CNR
    Coal Mining
    Energy
    Get the next $CNR alert in real time by email

    CANONSBURG, Pa., Jan. 16, 2025 /PRNewswire/ -- Core Natural Resources, Inc. (NYSE:CNR) today announced that it was taking steps to temporarily seal the Leer South mine's active longwall panel in order to extinguish isolated combustion-related activity there. Based on its collaborative, ongoing discussions with regulatory authorities, Core believes Leer South will be able to resume development work with continuous miners within the next three months, and to resume longwall mining mid-year.

    Logo (PRNewsfoto/Core Natural Resources, Inc.)

    "On behalf of the Core management team, I want to commend Leer South personnel for their exceptional efforts in managing a challenging situation safely and effectively, and I want to thank the regulatory agencies for their great support during this process," said Paul A. Lang, Core's chief executive officer. "While we are disappointed that we may be losing around two quarters of longwall production at Leer South, we are confident we are taking the right steps to protect the mine, mining equipment, and infrastructure. We have a good understanding of where the combustion-related activity is occurring and are confident that this limited activity does not currently present a threat to the longwall equipment. Working closely and cooperatively with federal and state officials, we plan to temporarily seal the active longwall panel and apply water and nitrogen to extinguish this combustion-related activity, which should lead to the most expeditious resumption of mining."

    The re-entry process will be multi-phased, beginning with the construction of ventilation controls followed by the resumption of continuous miner development. As a result, the company expects to advance development work on future longwall panels, which should enable the longwall system to operate in a highly efficient manner in the year's second half.

    "Looking ahead, the Core operations team has already initiated efforts to help ensure that we avoid such incidents in the future," said George J. Schuller Jr., Core's chief operating officer. "We are confident that there are steps we can take – in the areas of monitoring, degassing, and the installation of proactive mitigation systems – that should enable us to avoid future outages."

    About Core

    Core Natural Resources is a world-class producer and exporter of high-quality, low-cost coals, including metallurgical and high calorific value thermal coals. The company operates a best-in-sector portfolio, including the Pennsylvania Mining Complex, Leer, Leer South, and West Elk mines. With a focus on seaborne markets, Core plays an essential role in meeting the world's growing need for steel, infrastructure, and energy, and has ownership interests in two marine export terminals. The company was created in January 2025 via the merger of long-time industry leaders CONSOL Energy and Arch Resources and is based in Canonsburg, Pennsylvania.

    Cautionary Statement Regarding Forward-Looking Information

    This communication contains certain "forward-looking statements" within the meaning of federal securities laws. Forward-looking statements may be identified by words such as "anticipates," "believes," "could," "continue," "estimate," "expects," "intends," "will," "should," "may," "plan," "predict," "project," "would" and similar expressions. Forward-looking statements are not statements of historical fact and reflect Core's current views about future events. No assurances can be given that the forward-looking statements contained in this communication will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, risks related to the occurrence of combustion-related activity at Core's Leer South mine and its ability to resume development work with continuous miners and longwall development in accordance with its expected timing; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the merger may not be fully realized or may take longer to realize than expected; the risk that the credit ratings of Core or its subsidiaries may be different from what Core expects; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the completion of the merger; changes in coal prices, which may be caused by numerous factors, including changes in the domestic and foreign supply of and demand for coal and the domestic and foreign demand for steel and electricity; the volatility in commodity and capital equipment prices for coal mining operations; the presence or recoverability of estimated reserves; the ability to replace reserves; environmental and geological risks; mining and operating risks; the risks related to the availability, reliability and cost-effectiveness of transportation facilities and fluctuations in transportation costs; foreign currency, competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Core's business.

    All such factors are difficult to predict, are beyond Core's control, and are subject to additional risks and uncertainties, including those detailed in CONSOL's annual report on Form 10-K for the year ended December 31, 2023, quarterly reports on Form 10-Q, and current reports on Form 8-K that are available on Core's website at www.corenaturalresources.com and on the SEC's website at http://www.sec.gov and those detailed in Arch's annual report on Form 10-K for the year ended December 31, 2023, quarterly reports on Form 10-Q and current reports on Form 8-K that are available on the SEC's website at http://www.sec.gov.

    Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Core does not undertake any obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on these forward-looking statements that speak only as of the date hereof.

    Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/core-takes-steps-to-address-combustion-related-activity-at-its-leer-south-mine-302352590.html

    SOURCE Core Natural Resources, Inc.

    Get the next $CNR alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $CNR

    DatePrice TargetRatingAnalyst
    1/31/2025$93.00Hold
    Jefferies
    2/15/2022$23.00 → $24.65Buy → Neutral
    DA Davidson
    2/14/2022Buy → Neutral
    Sidoti
    1/26/2022$168.00 → $180.00Market Perform → Outperform
    Raymond James
    11/16/2021$177.00Neutral
    Atlantic Equities
    9/20/2021$165.00 → $175.00Hold → Buy
    TD Securities
    9/20/2021$147.00 → $160.00Sector Outperform
    Scotiabank
    9/17/2021$139.00 → $168.00Sector Perform → Outperform
    RBC Capital
    More analyst ratings

    $CNR
    Leadership Updates

    Live Leadership Updates

    See more
    • Cornerstone Building Brands Appoints Melissa Jones President, U.S. Siding

      Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that Melissa Jones has joined the Company as President, U.S. Siding. In her role, Ms. Jones will lead the Company's U.S. residential siding and fence and rail business. She will assume the role effective July 1, 2022 and report directly to President and Chief Executive Officer Rose Lee. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220630005871/en/Melissa Jones (pictured) joins Cornerstone Building Brands as President, U.S. Siding. (Photo: Business Wire) Ms. Jones has more than 20

      7/1/22 8:30:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands Appoints Judith Reinsdorf to Board of Directors

      Cornerstone Building Brands, Inc. (NYSE:CNR), the largest manufacturer of exterior building products in North America, announced today that Judith Reinsdorf has been appointed as an independent member of its board of directors, effective August 19, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210819005774/en/Judith Reinsdorf, appointed an independent member of Cornerstone Building Brands Board of Directors (Photo: Business Wire) Ms. Reinsdorf has extensive experience in executive roles across multiple industries. She most recently served as Executive Vice President and General Counsel of Johnson Controls International, a

      8/19/21 4:46:00 PM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands Announces CEO Retirement and Transition Plan

      James S. Metcalf announces retirement, transitions to the role of Executive Chairman Rose Lee appointed President and Chief Executive Officer effective September 6, 2021 Cornerstone Building Brands, Inc. (NYSE:CNR) (the "Company"), the largest manufacturer of exterior building products in North America, today announced that James S. Metcalf will retire as chief executive officer (CEO), effective September 6, 2021. As part of the leadership transition, Mr. Metcalf will continue in the role of executive chairman of the board through March 31, 2022. Rose Lee will succeed Mr. Metcalf as president and CEO and will join the board as a director of the Company. This press release features mul

      8/4/21 8:00:00 AM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more

    $CNR
    SEC Filings

    See more
    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      7/26/22 6:05:02 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      7/26/22 6:09:30 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form SC 13D/A filed by Cornerstone Building Brands Inc. (Amendment)

      SC 13D/A - Cornerstone Building Brands, Inc. (0000883902) (Subject)

      3/8/22 6:31:00 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form 10-Q filed by Core Natural Resources Inc.

      10-Q - Core Natural Resources, Inc. (0001710366) (Filer)

      5/8/25 7:16:17 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form 8-K filed by Core Natural Resources Inc.

      8-K - Core Natural Resources, Inc. (0001710366) (Filer)

      5/8/25 7:00:22 AM ET
      $CNR
      Coal Mining
      Energy
    • SEC Form 8-K filed by Core Natural Resources Inc.

      8-K - Core Natural Resources, Inc. (0001710366) (Filer)

      4/30/25 4:06:59 PM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Jefferies initiated coverage on Core Natural Resources with a new price target

      Jefferies initiated coverage of Core Natural Resources with a rating of Hold and set a new price target of $93.00

      1/31/25 6:58:59 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building downgraded by DA Davidson with a new price target

      DA Davidson downgraded Cornerstone Building from Buy to Neutral and set a new price target of $24.65 from $23.00 previously

      2/15/22 7:03:06 AM ET
      $CNR
      Coal Mining
      Energy
    • Cornerstone Building Brands downgraded by Sidoti

      Sidoti downgraded Cornerstone Building Brands from Buy to Neutral

      2/14/22 2:03:45 PM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Core Natural Resources Reports First Quarter 2025 Results

      Returns $106.6 million to investors via share buybacks and quarterly dividend Increases merger-related synergies target by 10% at midpoint to between $125 and $150 million Makes excellent progress towards full resumption of operations at Leer South Executes well-timed capital market transactions establishing target capital structure while boosting liquidity, extending maturities, reducing interest rates, and increasing financial flexibility CANONSBURG, Pa., May 8, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core" or the "company") reported a net loss of $69.3 million, or $1.38 per diluted share, in the first quarter of 2025, which included merger-related expenses of

      5/8/25 6:55:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources to Announce First Quarter 2025 Results on May 8

      CANONSBURG, Pa., April 24, 2025 /PRNewswire/ -- Core Natural Resources, Inc. (NYSE: CNR) will discuss its first quarter 2025 financial results in an investor conference call on Thursday, May 8, 2025 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 800-836-8184 approximately five to 10 minutes prior to the start time. For participants calling from an overseas location, please dial +1 646-357-8785. No passcode is needed. The call will also be webcast and will be accessible via the "investor" section of the Core website at http://inves

      4/24/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources Announces Completion of Highly Successful Refinancing Effort

      CANONSBURG, Pa., March 28, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core") announced that it had completed a highly successful refinancing of tax-exempt bonds previously issued by CONSOL Energy, Inc. ("CONSOL") and Arch Resources, Inc. ("Arch"). CONSOL and Arch merged to form Core Natural Resources, Inc. in January 2025. As part of this refinancing effort, Core: Increased the total bond amount from $276 million to $307 millionEstablished a 10-year initial term for the now unsecured bonds, which mature in March 2035Improved flexibility relative to t

      3/28/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy

    $CNR
    Financials

    Live finance-specific insights

    See more

    $CNR
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Core Natural Resources Reports First Quarter 2025 Results

      Returns $106.6 million to investors via share buybacks and quarterly dividend Increases merger-related synergies target by 10% at midpoint to between $125 and $150 million Makes excellent progress towards full resumption of operations at Leer South Executes well-timed capital market transactions establishing target capital structure while boosting liquidity, extending maturities, reducing interest rates, and increasing financial flexibility CANONSBURG, Pa., May 8, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core" or the "company") reported a net loss of $69.3 million, or $1.38 per diluted share, in the first quarter of 2025, which included merger-related expenses of

      5/8/25 6:55:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources to Announce First Quarter 2025 Results on May 8

      CANONSBURG, Pa., April 24, 2025 /PRNewswire/ -- Core Natural Resources, Inc. (NYSE: CNR) will discuss its first quarter 2025 financial results in an investor conference call on Thursday, May 8, 2025 at 10:00 a.m. Eastern time. Interested participants may access the conference call by dialing 800-836-8184 approximately five to 10 minutes prior to the start time. For participants calling from an overseas location, please dial +1 646-357-8785. No passcode is needed. The call will also be webcast and will be accessible via the "investor" section of the Core website at http://inves

      4/24/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Core Natural Resources Announces Completion of Highly Successful Refinancing Effort

      CANONSBURG, Pa., March 28, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE:CNR) ("Core") announced that it had completed a highly successful refinancing of tax-exempt bonds previously issued by CONSOL Energy, Inc. ("CONSOL") and Arch Resources, Inc. ("Arch"). CONSOL and Arch merged to form Core Natural Resources, Inc. in January 2025. As part of this refinancing effort, Core: Increased the total bond amount from $276 million to $307 millionEstablished a 10-year initial term for the now unsecured bonds, which mature in March 2035Improved flexibility relative to t

      3/28/25 7:00:00 AM ET
      $CNR
      Coal Mining
      Energy
    • Director Koeppel Holly K sold $663,732 worth of shares (8,815 units at $75.30), decreasing direct ownership by 40% to 13,348 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      4/2/25 5:00:07 PM ET
      $CNR
      Coal Mining
      Energy
    • Chief Executive Officer Lang Paul A was granted 40,192 shares, increasing direct ownership by 14% to 333,562 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      2/20/25 6:14:12 PM ET
      $CNR
      Coal Mining
      Energy
    • President & CFO Thakkar Miteshkumar was granted 16,956 shares, increasing direct ownership by 45% to 54,956 units (SEC Form 4)

      4 - Core Natural Resources, Inc. (0001710366) (Issuer)

      2/20/25 6:09:17 PM ET
      $CNR
      Coal Mining
      Energy