Positive Movement For Blackjewel Miners
A federal judge has approved Contura Energy’s bid for three mines owned by the bankrupt Blackjewel coal company.A Blackjewel spokesman said U.S. District Judge Frank Volk in West Virginia approved the sale Tuesday. The deal still needs the federal government’s approval before it’s finalized.Buyers have put money toward paying some of the roughly $11.8 million in pay and benefits due miners in Kentucky, Virginia and West Virginia, Ohio Valley Resource reported.
Source: MG News
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