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In 2019, Blackjewel, LLC, a subsidiary of Revelation Energy, was one of the largest coal operators in the country. [1] On July 1, 2019, Blackjewel Coal filed for bankruptcy, [2] leading to the abrupt firing of about 1,700 miners in Kentucky, Virginia, West Virginia, and Wyoming. [3] [4] 200 miners in Harlan County were affected. [5]
The causes of the protest stemmed from the 2019 bankruptcy of Blackjewel Coal, a coal mining company that operated a mine in the county. Following the company's bankruptcy, former coal miners did not receive payment for several weeks of work, leading to many miners protesting by blocking a coal train on tracks in the county.
By January 2016, more than 25% of coal production was in bankruptcy in the United States [6] including the top two producers Peabody Energy [7] [8] and Arch Coal. [6] [9] When Arch Coal filed for bankruptcy protection, the price of coal had dropped 50% since 2011 [10] and it was $4.5 billion in debt.
Peabody Energy announced today it had come to terms with Patriot Coal and the United Mine Workers of America to reach a settlement with retirees following the bankruptcy of Patriot. Patriot sought ...
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Families who have sued Alex Jones over his false claims about the Sandy Hook massacre have resolved their disputes on how to divide the bankrupt conspiracy theorist's assets, clearing the way for ...
These wedges of the Blackhawk Formation have been given names and many of them contain economically important bituminous coal zones, such as the Kenilworth Coal that is up to 11 m (37 feet) thick. [3] The coast probably resembled the Gulf Coast today, being composed of a broad coastal plain, with meandering rivers that ended in wave-dominated ...
A federal bankruptcy judge has approved the terms of a $20 million settlement that will benefit former Bitwise Industries employees who abruptly lost their jobs when the Fresno-based technology ...