Massey Energy Unit Gets Permit To Open New W.Va. Coal Mine
09 March 2011 - 3:19AM
Dow Jones News
A unit of U.S. coal mining company Massey Energy Co. (MEE) has
received a permit from the United States Army Corps of Engineers to
begin operating in West Virginia, the company said Tuesday.
The permit will allow Richmond, Va.-based Massey's Highland
Mining Co. subsidiary to begin operation of the Reylas Surface Mine
in Logan County, W.Va., which is expected to produce about one
million tons of coal per year over six years. It will employ 103
people.
Highland first applied for the Corps permit in August 2007. It
received a surface mining permit from the West Virginia Department
of Environmental Protection in 2008.
The move to open the mine comes as Massey--which agreed in
January to sell itself to Alpha Natural Resources Inc. (ANR) in a
deal valued at $7.1 billion--continues to deal with the
repercussions of an April explosion at its Upper Big Branch mine in
Montcoal, W.Va., that killed 29 miners.
The Justice Department has been conducting a criminal
investigation while federal and state safety officials investigate
the cause of the accident.
The chief of security at the mine was recently charged with
lying to investigators and ordering the destruction of thousands of
security-related documents.
-By Matt Whittaker, Dow Jones Newswires; 212-416-2139;
matt.whittaker@dowjones.com
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