Alpha Natural Resources has agreed to pay $209 million in civil fines, criminal penalties, and restitution for the role Massey Energy played in the April 2010 Upper Big Branch Mine explosion that left 29 miners dead and several others injured in West Virginia. The settlement is the largest ever reached in connection with mining disaster, according to federal officials. Massey Energy, the company that owned and operated the mine when the disaster occurred, entered a downward spiral from which it couldn’t recover after the deadly blast and was acquired by its competitor Alpha Natural Resources last June. The settlement allocates ... Read More
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