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    coal investing

    CONSOL Energy Allowed to Re-Enter Blacksville No. 2 Mine After Evacuation

    Investing News Network
    Mar. 26, 2013 10:36AM PST
    Industrial Metals

    CONSOL Energy Inc. (NYSE:CNX) has permission to re-enter the Blacksville No. 2 Mine, which was evacuated on March 12, pending safety review.

    As quoted in the press release:

    CONSOL Energy Inc. (NYSE:CNX)  has permission to re-enter the Blacksville No. 2 Mine, which was evacuated on March 12, pending safety review.

    As quoted in the press release:

    Since that date, CONSOL Energy, working closely with federal and state authorities, pumped a sufficient amount of water into the mine to complete the water seal and remotely pumped eight isolation walls from the surface to seal off the fire area. This process was completed on Sunday, March 24 at 7:00 a.m. Analysis of the continuous mine atmosphere readings that the team has been taking indicates that gas levels remain steady and oxygen levels continue to decrease.  As result, CONSOL Energy believes the fire has been successfully extinguished.

    CONSOL’s Senior Vice President, Chuck Shaynak, said:

    I am extremely proud of the successful collaborative effort from federal and state agencies, the UMWA, contractors/vendors and our employees on site who worked around-the-clock to remotely extinguish a fire in less than twelve days. Without their efforts, we would not be where we are today. Most importantly, we accomplished all of the work without an injury.

    To view the whole press release, click here.

    coal investingnyse:cnx
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