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05/01/12
Westmoreland Coal Company today announced that its Westmoreland Kemmerer, Inc. subsidiary entered into a six-year collective bargaining agreement with the represented employees at its Kemmerer Mine located in Lincoln County, Wyoming. The new agreement with the United Mine Workers of America (UMWA) is effective May 1, 2012, and will expire April 30, 2018.
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04/26/12
Westmoreland Coal Company today reported its first quarter results for 2012.
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04/16/12
Westmoreland Coal Company today announced that it will release its 2012 first quarter results before the market opens on Thursday, April 26, 2012, and host a conference call shortly thereafter at 10:00 a.m. EST to discuss the results. Keith E. Alessi, Chief Executive Officer will conduct the call.
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03/22/12
Westmoreland Coal Company today announced that a new collective bargaining agreement has been reached with the represented employees at Westmoreland Savage Corporation’s Savage Mine in Sydney, Montana. The new agreement with the International Union of Operating Engineers Local 400 is effective April 1, 2012, and will expire March 31, 2016.
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03/13/12
Westmoreland Coal Company today announced that Robert P. King is joining the company as its new President and Chief Operating Officer, effective March 26, 2012. King brings more than 30 years of operational coal mining experience to Westmoreland. Keith E. Alessi, Westmoreland’s current Chief Executive Officer and President, who has been with the company since 2007, will continue in the role of Chief Executive Officer.
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03/09/12
Westmoreland Coal Company today announced that its Board of Directors has declared a dividend of $.53125 per depositary share payable on April 1, 2012 to holders of record as of March 21, 2012. Each depositary share represents one-quarter of a share of the Company’s Series A Convertible Exchangeable Preferred Stock.
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03/01/12
Westmoreland Coal Company today reported its results for 2011.
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02/21/12
Westmoreland Coal Company today announced that it will release its 2011 fourth quarter and year-end results before the market opens on Thursday, March 1, 2012, and host a conference call shortly thereafter at 10:00 a.m. EST to discuss the results. Keith E. Alessi, President and Chief Executive Officer will conduct the call.
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01/31/12
Westmoreland Coal Company today announced the completion of the acquisition of Chevron Mining Inc.’s Kemmerer coal mine in Lincoln County, Wyoming. Total consideration for the purchase of the Kemmerer mine included a cash payment of $76.5 million and the assumption of approximately $118.0 million in certain liabilities, including post retirement medical, pension, black lung, and asset retirement obligation liabilities.
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01/31/12
Westmoreland Coal Company and certain of its subsidiaries (“Westmoreland”) announced today the closing of its offering of $125.0 million aggregate principal amount of Senior Secured Notes due 2018 (the “Notes”) in a private placement. The Notes are additional notes to the already outstanding $150 million principal amount of existing 10.75% Senior Secured Notes due 2018.
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