Alpha natural Resources News

Investigators Probe Death of Miner at West Virginia Coal Processing Plant

State and federal investigators are trying to determine what killed a 48-year-old miner found Monday at a coal mining operation in Raleigh County. James Ray Adkins of Colcord, West Virginia, was discovered missing at approximately 7:10 a.m. at Marfork Coal …

West Virginia Regulator Sues Alpha Natural on Fraud Allegations

West Virginia’s environmental regulator sued Alpha Natural Resources Inc’s former management on allegations of fraud on Wednesday, saying top executives should be held accountable for an unusual $100 million funding gap that has emerged just three months after the U.S. …

U.S. Court Approves Clean-Up Deals, Executive Bonuses for Peabody

Bankrupt coal company Peabody Energy has won U.S. court approval for agreements with three states to partially cover $1.14 billion in potential environmental liabilities and for a bonus plan for its six top executives. Under the agreements, Wyoming can receive …

Alpha Natural Resources Reaches Deal with U.S. to Exit Bankruptcy, Clean-Up Mines

The U.S. government agreed to a mine clean-up deal that allows coal producer Alpha Natural Resources to exit bankruptcy, despite concerns that Alpha will be unable to fund $400 million in commitments, a government lawyer told a court on Thursday. …

West Virginia, Alpha Natural Reach $300M Mine Cleanup Deal

West Virginia environmental officials say they struck a $300 million-plus deal for mine cleanup with bankrupt coal giant Alpha Natural Resources. The Department of Environmental Protection said the agreement would cover bonding and reclamation at all the company’s active and …

How a King of Coal Conspired Against Mine Safety

To hear Donald L. Blankenship tell it, the U.S. coal industry has been undone by inept regulators, evil unions, the media and “global warming hoaxers.” But for jurors at his criminal trial in Charleston, West Virginia, it’s the king of …

U.S. Regulators Scrutinizing Coal Mines’ Clean-Up Insurance Program

Coal giant Peabody Energy has been among the harshest critics of federal energy policies, joining a court challenge to the Obama administration’s new clean air regulations and denouncing its promotion of renewable fuels. But there is one government program that …

Alpha Mining Faces Surety Bond Challenge Due to Finances

Alpha Natural Resources Inc. no longer qualifies for a government program that subsidizes a share of mine cleanup insurance, requiring the coal company to find another way to cover roughly $400 million in liabilities, Wyoming officials said last Friday. State …

Judge Says Alpha Must Cover Legal Costs for Ex-CEO Blankenship

Alpha Natural Resources must pay the legal expenses of Donald Blankenship, the former chief executive officer of Massey Energy, which Alpha acquired in 2011. The fight over fees arose from charges filed against Blankenship stemming from the worst U.S. coal …

Alpha Natural Facing Big Insurance Buy for Abandoned Mines Shortfall

Alpha Natural Resources Inc, a struggling U.S. coal company, may be forced to buy costly new insurance or otherwise ensure it can cover obligations for cleaning up any abandoned mines, according to officials in West Virginia. Alpha has been allowed …