Jacobs Financial Group, Inc. announced that it has completed the previously announced current interim financing totaling $1,000,000. The financing enabled the corporation to contribute $500,000 to its wholly owned subsidiary, First Surety Corporation (FSC), a domestic surety in West Virginia with inactive licenses in Ohio and Indiana, in anticipation of FSC’s filing its application with [...]
Environmental groups across Appalachia spoke out at public hearings in four states on a Bush administration-backed proposal to relax restrictions preventing mining activity near waterways.
The groups oppose exempting valley fills , in which rubble from mountaintop removal mining is dumped in nearby valleys , from the 20-year-old rule restricting mining activity near streams.
“Enough is enough!” [...]
Maxum Petroleum, Inc. has announced the acquisition of Petroleum Products, Inc. and two affiliated companies, Petroleum Transport, Inc., and Petroleum Fueling, Inc. Headquartered in Charleston, West Virginia, Petroleum Products was founded in 1938 and is the leading supplier of fuels, lubricants, and related value-added services to industrial and coal mining operations in the Central [...]
Chesapeake Energy Corp. is dropping its support for a series of controversial “Coal is Filthy†advertisements in Texas.
Tom Price, a Chesapeake Energy vice president, said today, “The reason that we’re dropping the support is, it (the advertising campaign) was intended to further the discussion about our nation’s energy supply and whether clean coal at this [...]
Following a year highlighted by the passage of landmark mine-safety legislation at both the state and federal levels, and 16 months removed from two catastrophic accidents that killed 14 West Virginia miners, the International Mining Health and Safety Symposium returns to the Ohio Valley later this month to build on the progress and momentum of [...]
CHARLESTON, W.Va. - A subsidiary of Richmond-based Massey Energy faces a fine of up to 200-thousand dollars after pleading guilty to failing to perform a safety examination at a West Virginia coal mine.
White Buck Coal Company also faces up to five years probation. Sentencing is set for May 15th in federal court in Charleston.
White Buck [...]
The Beckley Exhibition Coal Mine, one of West Virginia’s most popular tourist attractions, will be closed this year while a new visitors center is built and other improvements are made.
The new 14,000-square-foot visitors center will replicate a coal company store and will house an extensive collection of coal camp artifacts, according to a report [...]
Rep. Shelley Moore Capito, R-W.Va., and Rep. Nick Jo Rahall, D-W.Va., are among the sponsors of a bill that would promote the construction of factories that would turn coal into liquid fuels.
Capito said in a prepared statement, “As our country looks to wean ourselves from our dangerous addiction to foreign oil, it only makes sense [...]
Meetings begin Thursday for people interested in investing in Charleston’s Diamond Ethanol plant, announced Green Lion Bio-Fuels, the bio-fuels developer.
Green Lion also has ethanol plants under way in Streator (Emerald Ethanol) and Beardstown (Prairie Breeze Ethanol).
The meetings will offer interested farmers, landlords and off-farm investors an opportunity to buy shares in the Diamond Ethanol plant. [...]
with Ken Ward Jr., staff writer at The Charleston Gazette, about his investigation into mine safety.
Ward found that 90 percent of mine deaths could have been avoided if safety regulations had been followed. He says mine managers are ignoring some safety measures, and federal regulators are only charging small fines for breaking the rules.
The 2006 [...]
