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Reuters.com reports that Massey Energy Co. (NYSE:MEE), blames Q3 losses on operational disruptions brought on by federal mine safety inspections and enforcement, in the wake of a mine blast that killed 29 miners.
Reuters.com reports that Massey Energy Co. (NYSE:MEE), blames Q3 losses on operational disruptions brought on by federal mine safety inspections and enforcement, in the wake of a mine blast that killed 29 miners.
The story is quoted as saying:
Chairman and Chief Executive Officer Don Blankenship also said that an investigation of April’s blast at Massey’s Upper Big Branch (UBB) mine in West Virginia would show that methane gas was to blame, rather than coal dust igniting.
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