| Alpha Natural Resources faces coal cleanup fund shortfall-official | |
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By Patrick Rucker WASHINGTON, April 16 (Reuters) - Alpha Natural Resources, a struggling U.S. coal company, may be forced into buying costly new insurance or shedding liabilities to ensure it can cover obligations to clean up any abandoned mines, officials in West Virginia said. Alpha Natural Resources has been allowed to leave about $262 million in cleanup liabilities uninsured in West Virginia under a federal program designed for coal companies that meet strict financial tests. State officials told Reuters that the company may no longer qualify for that relief. "Our regulations are very clear," Harold Ward, acting director of the state Division of Mining and Reclamation, said this week. "It's up to them to remedy this situation." (Reporting By Patrick Rucker)
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Alpha Natural Resources Inc.
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CODE : ANR |
ISIN : US02076X1028 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Alpha Natural Res. is a producing company based in United states of america. Alpha Natural Res. is listed in Germany and in United States of America. Its market capitalisation is US$ 580.6 millions as of today (€ 502.5 millions). Its stock quote reached its highest recent level on July 25, 2008 at US$ 99.92, and its lowest recent point on February 19, 2021 at US$ 0.02. Alpha Natural Res. has 49 410 000 shares outstanding. |