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News Breaks | | | | December 14, 2012 | | 17:08 EDT |  | CNX | CONSOL Energy to lay off 147 workers
CONSOL Energy has issued notice under the Worker Adjustment and Retraining Notification Act of its intent to complete the idle of its Fola operations near Bickmore, W. Va., resulting in a layoff of 131 surface and office employees and 16 employees at the company's Little Eagle Deep Mine. The layoffs will occur during a 14-day period beginning at 12:01 a.m., on February 14, 2013. Employees were officially briefed on the situation on December 14. CONSOL Energy attributed this WARN notice to the expected February completion of coal processing and shipping from its preparation plant and recovery of equipment and infrastructure from the Little Eagle Deep Mine. CONSOL Energy anticipates that accelerated reclamation work will continue through mid-summer. Earlier this year, the company announced it would lay-off 318 employees and reassigned the remaining 147 employees from mining to reclamation work. The only coal produced through that transition occurred on the surface and was incidental to reclamation. A combination of market conditions and increasing pressure from the Environmental Protection Agency, which resulted in both increased costs of surface mining and significant uncertainty for the company's power generation customers related to the continued use of Central Appalachian coal were cited as reasons for the idling. | |
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News For CNX From The Last 14 Days Check below for free stories on CNX the last two weeks. |
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| May 20, 2013 | | 07:58 EDT |  | CNX | BofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am. | | | May 16, 2013 | | 16:22 EDT | | CNX | CONSOL Energy receives approval to resume full production at Blacksville No. 2
 Subscribe for More Information | | | May 15, 2013 | | 17:18 EDT | | CNX | BP Capital gives quarterly update on stakes
Subscribe for More Information | | | May 13, 2013 | | 07:22 EDT | | CNX | FBR Capital to host a conference
2013 Energy & Industrials One-on-One Series Conference is being held in Boston on May 13. | | | May 9, 2013 | | 11:35 EDT | | CNX | Kansas City Southern says coal volumes are up 5% in Q2
On its presentation at the Wells Fargo conference the CFO said that coal volumes are up approximately 5% in Q2. | | | 10:31 EDT |  | CNX | CONSOL Energy mentioned positively at UBS
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