May 19, 2013
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Description
Massey Energy Company was a coal extractor in the United States with substantial operations in West Virginia, Kentucky and Virginia. By revenue, it was the fourth largest producer of coal in the United States and the largest coal producer in Central Appalachia. By coal production weight, it was the sixth largest producer of coal in the United States.
Massey's mines yielded around 40 million tons annually. The company controlled 2.3 billion tons of proven and probable coal reserves in Southern West Virginia, Eastern Kentucky, Southwest Virginia and Tennessee or about a third of all Central Appalachian reserves. It employed approximately 5,850 people and operated 35 underground mines and 12 surface mines.
Massey Energy owned and operated Upper Big Branch Mine where 29 miners were killed in April 2010. The Mine Safety and Health Administration found that the company's culture of favoring production over safety contributed to flagrant safety violations that caused the coal dust explosion. It assessed $10.8 million in fines for 369 citations and orders, the largest for any mine disaster in U.S. history. Alpha Natural Resources additionally settled Massey's potential criminal liabilities for $209 million.
(via Freebase)
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