Posted: Dec 6, 2011 9:25 AM by Associated Press (JM)
CHARLESTON, W.Va. (AP) - The owner of a West Virginia coal mine where an explosion killed 29 men will pay nearly $210 million in a historic settlement arising from the worst U.S. coal mining disaster in decades.
U.S. Attorney Booth Goodwin announced the settlement Tuesday, calling it a "revolutionary resolution" that is the largest of a criminal investigation into a U.S. mine disaster.
As part of the agreement, Alpha Natural Resources will not be charged with crimes but individuals still could face criminal prosecution. Alpha acquired Massey Energy after the explosion at Upper Big Branch.
The agreement includes more than $46 million in criminal restitution to the miners' families and $35 million in penalties for all Massey violations, including $11 million for Upper Big Branch.
Another $128 million will fund cutting-edge mine safety upgrades.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
PLEASE HELP US MODERATE COMMENTS
Offensive or inappropriate comments are subject to removal. To report a comment, please e-mail us at email@example.com, and include the name of the story and information on the comment.
Thank you! KSBY.com
Get deals up to 80% off here!
Find the lowest gas prices in your area
Submit your photos to KSBY
Check out our calendar of events
Watch Daybreak Web Videos in full
Save with Hot Deals across our counties!
Events across the Central Coast
Follow The CW5 on Facebook.
The KSBY online public file.
What do you think? Leave us your feedback.
KSBY is your official CA Lottery station for San Luis Obispo and Santa Barbara Counties