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coal investing

Massey Found to Be ‘Profoundly Reckless’ in Coal-Mine Blast That Killed 29

Written by Investing News Network
|
May. 19, 2011 09:26PM PST

Bloomberg reported that Massey Energy (NYSE:MEE) is at fault for an explosion at a West Virginia mine in 2010.

Bloomberg reported that Massey Energy (NYSE:MEE) is at fault for an explosion at a West Virginia mine in 2010.

The market news is quoted as saying:

Massey has denied that a buildup of coal dust played a role in the blast, and General Counsel Shane Harvey today repeated that the company believes a massive inundation of natural gas is to blame.

To read the full market news, click here.

coal investing nyse:mee
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