South Fork Coal Co., which operates surface mines in Greenbrier County, W.Va., has filed for Chapter 11 bankruptcy protection in the U.S. bankruptcy court in Delaware earlier this month, reported WV Public Broadcasting. The bankruptcy filing lists assets of $50 million to $100 million and liabilities of the same amount. South Fork owes nearly $5 million to the state of…
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Nevada Copper assets for sale
Nevada Copper has entered into a stalking horse asset purchase agreement with Southwest Critical Materials after voluntarily filing for Chapter 11 bankruptcy in June. The company said the U.S. Bankruptcy Court and the Superior Court of Justice of Ontario have approved bidding procedures for use in connection with the sale process where Southwest Critical will serve as the stalking horse…
Read MoreMurray Energy emerges from bankruptcy, now ACNR
In mid-September, after almost a year in bankruptcy proceedings, Murray Energy emerged from its case and is now known as American Consolidated Natural Resources.
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