Trump's 'An America First Energy Plan' Fueling Optimism for Coal Mining Industry

New Colombia has begun preparations to set up their wholly owned rock crushing plant on site to begin Gravel operations with a projected 1000 m3/day output. They may add another plant to satisfy local demand for building material.

In other Energy & Coal mining stock performances and developments: 

CONSOL Energy Inc. (NYSE CNX) recently reported net cash provided by operating activities in the just-ended quarter of $83 million, compared to $102 million in the year-earlier quarter, which includes $4 million and $5 million of net cash used in discontinued operating activities, respectively. For the year ended December 31, 2016, CONSOL Energy reported net cash provided by operating activities of $469 million, compared to $506 million for year ended December 31, 2015, which includes $10 million and $6 million of net cash provided by discontinued operating activities, respectively. CONSOL Energy operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal.

Cloud Peak Energy Inc. (NYSE: CLD), one of the largest U.S. coal producers and the only pure-play Powder River Basin ("PRB") coal company, plans to announce its fourth quarter and full year 2016 financial results on February 15, 2017, after the markets close. A conference call with management is scheduled at 5:00 p.m. ET on February 15, 2017 to review the results and current business conditions. The call will be webcast live over the Internet from http://www.cloudpeakenergy.com under 'Investor Relations.' Participants should follow the instructions provided on the website for downloading and installing the audio applications necessary to join the webcast. Interested individuals also can access the live conference call via telephone at (855)-793-3260 (domestic) or (631)-485-4929 (international) and entering pass code 44803778.

Peabody Energy Corporation (OTC: BTUUQ) recently announced that the company has reached agreement by which the Unsecured Creditors' Committee (UCC) will support the company's proposed plan of reorganization. Today's agreement builds on momentum regarding the company's proposed plan, which has received substantial support in recent weeks by holders of first lien debt, second lien notes and senior unsecured notes. "We are pleased to have reached agreement with the UCC and are encouraged by the support we have received," said Peabody Energy President and Chief Executive Officer Glenn Kellow. "We look forward to continuing to advance a plan that we believe maximizes the value of the enterprise."

Cliffs Natural Resources Inc. (NYSE: CLF) clsoed up on Monday at $9.10 trading over 15.6 Million shares by the market close. Cliffs Natural Resources is a leading mining and natural resources company in the United States. The Company is a major supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota.

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