Arch Coal (ACI) Unit Receives Imminent Danger Order at Black Thunder Mine
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Price: $5.33 -3.96%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.2%
EPS Growth %: -750.0%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 2.2%
EPS Growth %: -750.0%
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On November 13, 2012, Thunder Basin Coal Company, L.L.C., a subsidiary of Arch Coal, Inc. (NYSE: ACI), received an imminent danger order under section 107(a) of the Federal Mine Safety and Health Act of 1977 at the Black Thunder mine in Campbell County, Wyoming for failing to properly support a counterweight during maintenance work. Mine personnel immediately took corrective action and the order was terminated.
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