Industrials

AP Exclusive: $90M investment for 2 new met coal mines

A $90 million investment that runs against the trend of coal bankruptcies and mine closures should enable two new coal mines and related facilities to open in West Virginia and Virginia next year, coal developer Ramaco Development and partners announced Tuesday.

AP Exclusive: $90M investment for 2 new met coal mines

A $90 million investment that runs against the trend of coal bankruptcies and mine closures should enable two new coal mines and related facilities to open in West Virginia and Virginia next year, coal developer Ramaco Development and partners announced Tuesday.

Miners' retirement funds at risk

Retirement and health-care funds run by the United Mine Workers of America currently support about 120,000 former miners and their families nationwide, but account balances have dwindled amid continued layoffs and bankruptcy filings as the coal industry struggles against competition from cheaper natural gas and tightening environmental regulations.

Miners' retirement funds at risk

Retirement and health-care funds run by the United Mine Workers of America currently support about 120,000 former miners and their families nationwide, but account balances have dwindled amid continued layoffs and bankruptcy filings as the coal industry struggles against competition from cheaper natural gas and tightening environmental regulations.