James River cuts capacity 3M tons as loss triples in ‘12

Mar 11, 2013 | 05:23 PM | Stacy Irish

Tags  James River Coal, metallurgical coal, thermal coal, natural gas, earnings results, capacity curtailments, Peter Socha, Stacy Irish

NEW YORK — Metallurgical and thermal coal producer James River Coal Co. has idled or closed 3 million tons of production capacity in response to soft demand, the company said.

The Richmond, Va.-based company has idled five underground mines and reduced production at three surface mines in the central Appalachia region, the company said. ....

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