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Wednesday, December 07, 2011

Mine Owner To Pay $200 Million In Death Of 29 Men

In what officials say is the largest ever settlement in a government investigation of a mine disaster, Alpha Natural Resources agreed to pay $209 million in restitution and civil and criminal penalties for the role of its subsidiary, Massey Energy, in a 2010 mine explosion that killed 29 men in West Virginia.

That amount includes $46.5 million allocated to the families of the victims and those who were injured in the blast, and includes terms that protect Alpha — but not individual Massey executives — from prosecution, said Steven Ruby, an assistant United States Attorney for the Southern District of West Virginia.

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