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Arch coal strip mines in wv

Video: W. Virginia weathers fallout from coal collapse

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Mike Quillen, who founded Alpha inbelieves coal executives erred by trying to keep up with the steady rhythms of Wall Street.

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If the share price climbed, Leer could redeem stock options for cash.

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Here, a sticker curls at the edges but clings to a piece of heavy machinery at the Hobet mine site.

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But those costs kept rising.

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Investors applauded for years before those industry leaders reached the edge.

How Big Coal summoned Wall Street and faced a whirlwind

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Underground mines were joined by strip mines:

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Jobs were abundant, with over miners, and spirits were high.

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Steady, reliable coal was proving itself again.

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The year the law was passed, Nutter sold out to Ashland Oil of Kentucky.

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Still, Arch Coal had promises to keep at Hobet and other eastern mines where current and former workers were owed hundreds of millions of dollars in benefits.

However, the GAO found that some BLM offices did not have the personnel to prepare adequate estimates of market value.

Just a few summits from the Hobet mine stands Blair Mountain, site of a bloody scene inwhere at least 10, miners stood down strikebreakers, sheriffs and coal bosses.

Under the ownership of Ashland Oil, a new, more intensive form of mining using a dragline was introduced, which commenced operation in and doubled production.

Miners had to wait and see.

Today, Hobet is owned by a conservation group and no longer producing coal.

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