e8vk
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
____________________________
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 3, 2005 (November 1, 2005)
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Arch Coal, Inc. |
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(Exact name of registrant as specified in its charter) |
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Delaware
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1-13105
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43-0921172 |
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(State or other jurisdiction
of incorporation)
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(Commission File
Number)
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(I.R.S. Employer
Identification No.) |
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CityPlace One, Suite 300,
St. Louis, Missouri 63141 |
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(Address of principal executive
offices) (Zip code) |
Registrants telephone number, including area code: (314) 994-2700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Page 1 of 4 pages.
Exhibit Index begins on page 4.
Item 8.01 Other Events.
On November 1, 2005, Arch Coal, Inc. announced a precautionary evacuation of its West Elk
mine. A copy of Arch Coal, Inc.s press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
The following Exhibit is filed with this Current Report on Form 8-K:
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Exhibit
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Description |
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99.1 |
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Press Release dated November 1, 2005 |
Page 2 of 4 pages.
Exhibit Index begins on page 4.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Dated: November 3, 2005
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ARCH COAL, INC
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By:
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/s/ Robert G. Jones |
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Robert G. Jones
Vice President Law, General Counsel & Secretary |
Page 3 of 4 pages.
Exhibit Index begins on page 4.
EXHIBIT INDEX
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Exhibit No. |
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Description |
99.1
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Press Release dated November 1, 2005. |
Page 4 of 4 pages.
exv99w1
Exhibit 99.1
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News from
Arch Coal, Inc.
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FOR FURTHER INFORMATION:
Media Kim Link 314-994-2936
FOR IMMEDIATE RELEASE
November 1, 2005
Arch Coal Temporarily Suspends Production at West Elk Mine
Somerset, Colo. (November 1, 2005) Arch Coals Mountain Coal subsidiary conducted a
precautionary evacuation of its West Elk mine in Somerset, Colorado, late last week after elevated
readings of combustion-related gases were detected in a mined-out area of the mine. West Elk
notified the Mine Safety and Health Administration (MSHA) of the evacuation immediately, and MSHA
and West Elk personnel are working closely and cooperatively at the site.
West Elk was in the process of moving its longwall equipment to a new district, or reserve
area, when the elevated gas levels were detected. West Elk is currently pumping nitrogen, foam and
water into the affected area.
The longwall equipment is currently isolated from the affected area by permanent and temporary
seals.
MSHA and West Elk personnel are working together to address the incident and to determine when
it will be safe to re-enter the mine. Following the recovery of the remaining longwall equipment,
West Elk will permanently seal the old district where the elevated gas levels were detected.
Our first priority will be to ensure that the mine is safe for re-entry, said John W. Eaves,
Archs executive vice president and chief operating officer. Once that is accomplished, we expect
the longwall move to be completed in a safe and efficient manner.
At this time, a protracted mine outage is not anticipated. Because of the planned longwall
move, West Elk was already shipping coal from its inventory at the surface. That will continue
until mine operations resume.
Mountain Coal Companys West Elk mine produces more than six million tons of low-sulfur
bituminous coal annually. Most of the coal is sold to utilities and independent power producers,
who use the coal to generate electricity.
St. Louis-based Arch Coal, Inc. (NYSE:ACI) is the nations second largest coal producer, with
subsidiary operations in West Virginia, Kentucky, Virginia, Wyoming, Colorado and Utah.
Through these operations, Arch provides the fuel for approximately 7% of the electricity
generated in the United States.
Forward-Looking Statements: Statements in this press release which are not statements of
historical fact are forward-looking statements within the safe harbor provision of the Private
Securities Litigation Reform Act of 1995. These forward-looking statements are based on information
currently available to, and expectations and assumptions deemed reasonable by, the company. Because
these forward-looking statements are subject to various risks and uncertainties, actual results may
differ materially from those projected in the statements.