Mining

Bankruptcy Lawyers Mine Health Insurance, Strip Cash from Coal Miners

Bankruptcy Lawyers Mine Health Insurance, Strip Cash from Coal Miners
There was plenty in the complex deal to benefit bankers, lawyers, executives and hedge fund managers. Patriot Coal Corp. was bankrupt, but its mines would be auctioned to pay off mounting debts while financial engineering would generate enough cash to cover the cost of the proceedings. When the plan was filed in U.S. bankruptcy court in Richmond last week, however, one group didn’t come out so well: 208 retired miners, wives and widows in southern Indiana who have no direct connection to Patriot Coal. Millions of dollars earmarked for their health care as they age would effectively be diverted instead to legal fees and other bills from the bankruptcy.
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Colowyo Calls Timeout as Eco Lawsuit Threatens Coal Mine

Colowyo Calls Timeout as Eco Lawsuit Threatens Coal Mine
The Colowyo mine outside Meeker may be closed after a successful lawsuit from the environmental group WildEarth Guardians forced the federal government to reissue permits for the mine because the Office of Surface Mining initially failed to take into account the environmental impact of the operations and public comment on the project.
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What the U.S. Can Learn From Two Small Countries Stand Against Big Mining

What the U.S. Can Learn From Two Small Countries Stand Against Big Mining
Would a government of a poorer country ever choose to say "no" to short-term economic profits because of concern for long-term environmental impacts?
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Armed Mercenaries Return to Wisconsin Woods (Legally, This Time)

Armed Mercenaries Return to Wisconsin Woods (Legally, This Time)
Mercenary-style guards carrying assault weapons will return to the north woods of Wisconsin after an Arizona-based security firm received proper permits to operate in Wisconsin. Last month, the heavily-armed guards startled hikers and other forest visitors when they showed up — without permits or the legally required name tags and credentials.
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