Friday, May 24 2013 3:58 AM EDT2013-05-24 07:58:41 GMT
A cold front sweeping through keeps some scattered showers and a few storms in the forecast tonight. Lows tonight will fall to near 50 degrees. Some showers linger Friday morning, then clearing out and
Thursday, May 23 2013 2:49 PM EDT2013-05-23 18:49:21 GMT
FAIRMONT, WV – The Community and Technical College System of West Virginia (WVCTCS) will announce the launch of the Appalachian Petroleum Technology Training Center at the Robert H. Mollohan Center at
The Community and Technical College System of West Virginia (WVCTCS) will announce the launch of the Appalachian Petroleum Technology Training Center at the Robert H. Mollohan Center at the I-79 Technology Park.
Thursday, May 23 2013 1:13 PM EDT2013-05-23 17:13:02 GMT
The document offers best practices for the process used by pipeline companies to install pipelines under highways, railroads and bodies of water in instances where trenching is not feasible.
The document offers best practices for the process used by pipeline companies to install pipelines under highways, railroads and bodies of water in instances where trenching is not feasible.
Thursday, May 23 2013 7:07 AM EDT2013-05-23 11:07:20 GMT
New study documents benefits of coal exports for state and national economies. Exports hit 107 million tons in 2011 and a record 126 million tons in 2012; 105 million tons is projected for 2013.
New study documents benefits of coal exports for state and national economies. Exports hit 107 million tons in 2011 and a record 126 million tons in 2012; 105 million tons is projected for 2013.
Wednesday, May 22 2013 3:09 PM EDT2013-05-22 19:09:14 GMT
Lewisburg City Council passed a resolution May 21 opposing Mon Power's $1 billion proposal to buy the Harrison power plant; Morgantown council's resolution expresses concern.
Lewisburg City Council passed a resolution May 21 opposing Mon Power's $1 billion proposal to buy the Harrison power plant; Morgantown council's resolution expresses concern.
By MICHAEL FELBERBAUM AP Business Writer
RICHMOND, Va. (AP) - James River Coal Co.'s third-quarter loss widened as weak demand drove down prices and the coal producer experienced higher costs.
The Richmond, Va.-based company said Wednesday it lost $20.6 million, or 59 cents per share. That is larger than its loss of $3.7 million, or 11 cents per share, a year earlier.
Revenue from coal sales fell about 9 percent to $264.6 million. Total revenue fell 5 percent to $288.1 million.
Coal shipments were flat at 3.16 million tons.
Coal producers are being hit by a double whammy of weak demand. Utilities need less coal to produce electricity because of mild weather and lower power generation, while construction overseas has slowed the appetite for coal to make steel.
James River Coal has operations in Kentucky, West Virginia and Indiana.
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