Coal Age

APR 2019

Coal Age Magazine - For more than 100 years, Coal Age has been the magazine that readers can trust for guidance and insight on this important industry.

Issue link: https://coal.epubxp.com/i/1112308

Contents of this Issue

Navigation

Page 3 of 51

May 2016 2 www.coalage.com editor's note Justice Signs Three Bills Supporting WV Miners W est Virginia Governor Jim Justice signed three bills into law (HB 3142, HB 3144 and SB 635) at the end of March that will support the state's coal mining sector. Surrounded by miners at Murray Energy Corp.'s Harrison County mine, the governor spoke candidly about the sit- uation. "This might be the act that preserves your jobs," Justice said. "What would we do without you? Without the coal business, there would be no income, no roads and no schools in many parts of West Virginia." Justice said he believes the bills would protect vital coal mining jobs for decades and incentivize job creation by coal companies. Ryan Murray, vice president-operations, Murray Energy Corp. thanked the governor for his dedication and com- mitment. Video footage of the event is available on YouTube. Senate Bill (SB) 635 deals with three areas: community impact, environ- mental standards and mine trespass. House Bill (HB) 3142 reduces the state's severance tax from 5% to 3% over three years. HB 3144 implements at 35% tax rebate for mining-related investments. Arch Coal said it believes this new law could result in severance tax rebates at Leer South totaling more than $100 mil- lion over the course of the mine's first 10 years of operation, based on the com- pany's current market outlook. They also expect HB 3144 to factor significantly in their ongoing evaluation of further investments in West Virginia. Governor Justice, whose family has been directly involved with coal mining for four generations, took a lot of heat over these bills from the local media. Countering those who said he would benefit financially, he explained that the mines that the Justice family owns and operates are metallurgical coal mines and these bills are designated for thermal coal mining operations. Addressing the Harrison County miners, Justice said: "You have never had a governor that understands coal mining like I do. People so often diminish the value of coal miners and what they do. [The Harrison County mine] is a phenomenal operation. My grandfathers and father spent their lives working in underground coal mining operations. I'm thankful for everything I have in my life and it all came from coal." He reassured the miners of the importance of their jobs and the multiplying effect their careers have within the state of West Virginia. "This is our moment to put our stake in the ground and say we will support the coal industry and help it expand," Justice said. Since Justice was elected in 2016, West Virginia coal production has reversed its declining course and grown from 70 million tons per year (tpy) to more than 100 million tpy. That, however, is a far cry from the 181 million tpy the state mined in 1997. Justice also talked about his relationship with U.S. President Donald Trump. Beyond friendship, they have a lot in common. Both are successful business- men. Both care about the American coal miner. Both got into politics because they thought they could make a difference. These three bills will make a differ- ence for the miners of West Virginia. www.coalage.com Coal Age, Volume 124, Issue 3, (ISSN 1040-7820) is published monthly ex- cept January and July, by Mining Media International, Inc., 11655 Central Parkway, Suite 306, Jacksonville, Florida 32224 (mining-media.com). Pe- riodicals postage paid at Jacksonville, FL, and additional mailing offices. Canada Post Publications Mail Agreement No. 41450540. Canada return address: PO Box 2600, Mississauga ON L4T 0A8, Email: subscriptions@ coalage.com. Current and back issues and additional resources, including subscription request forms and an editorial calendar, are available online at www.coalage.com. SUBSCRIPTION RATES: Free and controlled circulation to qualified subscribers. Visit www.coalage.com to subscribe. Non-qualified persons may subscribe at the following rates: US domestic addresses a 10 issue subscription, $75.00 USD, All addresses outside the USA a 10 issue subscription $125.00 USD. For subscriber services or to order single copies, contact Coal Age, c/o Stamats Data Management, 615 Fifth Street SE, Cedar Rapids IA 52401, 1-800-553- 8878 ext. 5028 or email subscriptions@coalage.com. ARCHIVES AND MICROFORM: This magazine is available for research and retrieval of selected archived articles from Proquest. For microform avail- ability, contact ProQuest at 800-521-0600 or +1.734.761.4700, or search the Serials in Microform listings at www.proquest.com. POSTMASTER: Send address changes to Coal Age, 11655 Central Parkway, Suite 306, Jacksonville, FL 32224-2659. REPRINTS: Mining Media International, Inc., 11655 Central Parkway, Suite 306, Jacksonville, FL 32224 USA; phone: +1.904.721.2925, fax: +1.904.721.2930, www.mining-media.com PHOTOCOPIES: Authorization to photocopy articles for internal corporate, personal, or instructional use may be obtained from the Copyright Clear- ance Center (CCC) at +1.978.750.8400. Obtain further information at www.copyright.com. COPYRIGHT 2019: Coal Age, incorporating Coal and Coal Mining & Processing. ALL RIGHTS RESERVED. Steve Fiscor, Publisher & Editor-in-Chief sfiscor@mining-media.com BY STEVE FISCOR PUBLISHER & EDITOR-IN-CHIEF Mining Media International, Inc. 11655 Central Parkway, Suite 306 Jacksonville, Florida 32224 U.S.A. Phone: +1.904.721.2925 Fax: +1.904.721.2930 Editorial Publisher & Editor-in-Chief—Steve Fiscor, sfiscor@mining-media.com Associate Editor—Jennifer Jensen, jjensen@mining-media.com Technical Writer—Jesse Morton, jmorton@mining-media.com Contributing Editor—Russ Carter, rcarter@mining-media.com European Editor—Carly Leondia, cleonida@mining-media.com Latin American Editor—Oscar Martinez, omartinez@mining-media.com Graphic Designer—Tad Seabrook, tseabrook@mining-media.com Sales Midwest/Eastern U.S. & Canada, Sales—Victor Matteucci, vmatteucci@mining-media.com Western U.S., Canada & Australia—Frank Strazzulla, fstrazzulla@mining-media.com Scandinavia, UK and European Sales—Colm Barry, colm.barry@telia.com Germany, Austria & Switzerland Sales—Gerd Strasmann, info@strasmann-media.de Japan Sales—Masao Ishiguro, ma.ishiguro@w9.dion.ne.jp Production Manager—Dan Fitts, dfitts@mining-media.com Marketing Manager—Misty Valverde, mvalverde@mining-media.com

Articles in this issue

Links on this page

Archives of this issue

view archives of Coal Age - APR 2019