Showing posts with label Jim Walter Resources No. 7 Mine. Show all posts
Showing posts with label Jim Walter Resources No. 7 Mine. Show all posts

Wednesday, November 25, 2009

Our sincere condolences, and prays are given to the family of James Chaney, who perished, yesterday, at Walter Energy's Brookwood No. 7 underground mine. We also hope and pray for a speedy recovery for Milton Etheridge who was found in imminent danger, as well.


Read the account here.

Wednesday, September 9, 2009

Metallurgical Coal Titan, Walter Energy Leaving Tampa, Headed To Birmingham.

Read the full story here.


Tampa, Fla.-based Walter Energy announced Wednesday it plans to move its headquarters to Birmingham and named its local subsidiary leader, George R. Richmond, to a top corporate spot.

Office site selection is underway in the Birmingham area for a space to fit about 50 corporate employees, said Michael A. Monahan, a spokesman for the company. It’s expected to be open in Birmingham by the first half of next year, said a news release.

Monahan said Walter Energy (NYSE: WLT) employs about 2,100 people total and 2,000 of them are already in Alabama. With $1.2 billion in annual revenue, the move will make it one of the top five public companies based in Birmingham.

Tuesday, September 8, 2009

Alabama Coal Production Dips Slightly.

Read the Blurb here.

Alabama coal production fell slightly during the state's fiscal second quarter, after both surface and underground operations excavated less of the mineral.

Total production for the three months ended March 30 was 5.1 million tons. That was down from 5.3 million tons in the fiscal first quarter ended Dec. 30.

The seven underground mines produced 3.1 million tons, led by the 1.2 million tons mined by the Jim Walter Resources No. 7 mine in Tuscaloosa County. The mine employs about 800 people inside and outside.

Surface mines produced 2 million tons. The production leader among the dozens of operations was the Taft Coal Sales Choctaw mine in Walker County, with 303,000 tons. The mine employs 86 people.

Alabama produces about 20 million tons of coal each year, selling it to utility companies that burn it for electricity and steelmakers that need it for their process.


Russell Hubbard --