Alpha: Affiliates Issue WARN Notice Of Potential Sale Of Some Assets

(RTTNews) - Coal supplier Alpha Natural Resources Inc (ANR) on Wednesday said three of its operating affiliates have notified their employees that they may sell substantially all of the assets of the mining operations where these employees work.

In accordance with requirements of the Worker Adjustment and Retraining Notification (WARN) Act, the operators have given notice to about 292 employees at six mines and a processing plant in southwest Virginia and eastern Kentucky of the expected idling of those facilities in anticipation of their potential sale.

The mining operations affected by the WARN notice include:

- Mill Branch Coal Corp's Dorchester and Osaka deep mines in Wise County, Virginia, which have 134 employees

- North Fork Coal Corp's North Fork No.6 deep mine in Letcher County, Kentucky, and the Panther No.1, Stillhouse No.1 and North Fork No.7 deep mines, which are currently idled. A total of 111 employees work at the No.6 mine or perform maintenance at the idled operations.