Massey Energy Co., the largest coal producer in central Appalachia, has been sued by a pension fund on claims that the directors’ failure to address poor safety conditions have led to accident this month that killed 29 miners. Massey directors breached their fiduciary duties by failing to observe safety rules and to hire more than 25 million estimated by security breaches in the United States against mines and Public Health, New Jersey builders Fund Pensions said in a complaint filed April 23 in Delaware Chancery Court. Deficiency caused “severe damage to company reputation,” said the pension fund. Read more
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President Barack Obama and Vice President Joe Biden plans to attend a memorial service on Sunday for 29 coal miners killed in a landmine explosion in West Virginia, the White House said Monday .U.S. On April 5, disaster Massey Energy mine in Upper Big Branch was the deadliest mine accident in the United States nearly 40 years. Obama is to deliver a eulogy in honor of those who died. The service will be held in Beckley, West Virginia. Read more
Watching the events unfold around Massey Energy Co. ‘s coal mine Upper Big Branch last week has created a painful sense of déjà vu. And it had less to do with the bodies 29 miners “in the basement that power games and the pride of the company above. The fatal explosion of the West Virginia Mine came four days after the 100th anniversary of the beginning of a coal strike in Colorado lengthy process that eventually led to open guerrilla warfare between the miners and the Colorado National Guard. Read more
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The impending death off BP Macondo well in the Gulf of Mexico is a milestone that is likely to attract only momentary celebration. When scientists debate how much oil is beneath the surface, years of economic and ecological recovery in the region for us. The federal government will press for answers to what went wrong 20.04 and lawsuits – including those brought by the families of 11 workers who died in the Deepwater Horizon rig explosion – will eventually make their way through the courts.
BP said late Friday on her Facebook page that “DDIII MC252 cement pumps started well at 1:30 pm CDT Friday and ended at 8:30 pm CDT.” The company will be a definitive proof of the good late Saturday, said U.S. Coast Guard Commander Ron LeBrec. (more…)
BP (BP) have ignored the potential risks associated with the drilling rig Deepwater Horizon and the company suffered from a “lack of discipline, that” according to an interim report.
The report of the National Academy of Engineering and the National Research Council questioned the competence of personnel at the rig Deepwater Horizon.
The vehicle exploded in April, killing 11 workers and cracks Macondo BP oil well, which spewed crude oil into the Gulf of Mexico for weeks. (more…)
Gold mining companies, a joint venture between First Gold and Blue Note Mining will begin gold production in 2010 to mine gold Croinor Abitibi, Quebec. The company holds 85% interest in the project options Woodpecker / Lithium Rose in the James Bay region of Quebec, 50% option on base metals projects Machi Manitou in Val Dor Quebec and the estates San Javier money Mexico., a past producing mine sites with infrastructure in place. (more…)