The U.S. second largest coal producer blamed weak market conditions and increased government regulation for the decision.
The second-largest U.S. coal producer severely harmed aquatic life, says the ruling.
Company trying to retain execs 'through particularly difficult market and regulatory conditions.'
Alpha Natural Resources violated 6,000 permits related to pollution.
But most of them are.
David Hughart implicated former Massey Energy CEO during trial.
Gary May was sentenced to a 21-month prison term.
A 27-year-old worker died Friday in an accident at a Greenbrier County coal mine, owned by a subsidiary of Virginia-based Alpha Natural Resources (NYSE: ANR).
Alpha Natural Resources (NYSE: ANR) has drastically cut its accident and injury rates in the six months since a landmark $210 million settlement, which spared the company criminal charges over the 2010 mine explosion that killed 29 workers, federal prosecutors said Monday.
It's been a bleak spring for U.S. coal miners—and the question for Arch Coal Inc. ACI -1.66% and Alpha Natural Resources Inc. ANR -3.88% is whether they can even meet lowered expectations.
Alpha Natural Resources, Inc. (NYSE: ANR) announced today that it plans to permanently close the Upper Big Branch (UBB) mine near Whitesville, W.Va.
A coal miner was fatally injured in an Alpha Natural Resources Inc mine in West Virginia over the weekend, the company said on Monday.
Alpha Natural Resources took a $.73 billion hit in the fourth-quarter, but the US coal producer, the third largest of coking coal in the world, said it has a strategy to counter weak US coal markets by cutting production and concentrating on met coal used in steelmaking.
Donald Blankenship, whose former coal company Massey Energy was fined a record $10.8 million for safety violations connected to the worst mining accident in 40 years, has started a new mining company in Kentucky.
Shares in Alpha Resources (NYSE:ANR) climbed 13% today on news that the company pulled in record revenues this year and beat analyst targets.
The Virginia-based company, which acquired Massey Energy after a deadly blast at one of its coal mines last year, said it posted a record $2.3 billion in the first nine months of the year due in part to the inclusion of a full quarter of Massey's results, which contributed $805 million.
Alpha Natural Resources is expected to complete its $7 billion acquisition of Massey Energy Wednesday morning, after Massey shareholders lost two legal challenges in West Virginia and Delaware courts to stop the transaction. Meanwhile two prominent Democrats serving on the …
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