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    coal investing

    Steeper fines sought in Ky. for 2 coal companies

    Investing News Network
    Dec. 15, 2010 10:47AM PST
    Industrial Metals

    Bloomberg.com reports that Kentucky lobby groups are demanding higher payment from International Coal Group(NYSE:ICO) and Frasure Creek Mining for violations of the Clean Water Act.

    Bloomberg.com reports that Kentucky lobby groups are demanding higher payment from International Coal Group(NYSE:ICO) and Frasure Creek Mining for violations of the Clean Water Act.

    The story is quoted as saying:

    The groups allege the companies falsified water quality reports that were submitted to the state over a two-year period. They also allege lax enforcement by state officials in charge of monitoring the reports.

    To access the whole story, click here.

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