Warrior Met Coal said an employee had died in an accident at one of its mines in Alabama. The company said the incident occurred on Wednesday at its mine No. 4 in Brookwood, Alabama.
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Coal miners forced to save for a rainy day by insurance snubSome coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel. Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal's contribution to global warming. This follows similar moves by banks to restrict their coal financing activities.Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge in demand for the fossil fuel. Dozens of insurers have announced restrictions on their cover for the coal industry, particularly for new projects, in response to pressure from shareholders, governments and environmental groups who want to limit coal's contribution to global warming. This follows similar moves by banks to restrict their coal financing activities.
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At the grave of Russia's Prigozhin, followers hail a warriorFollowers of mutinous Russian mercenary Yevgeny Prigozhin laid flowers, messages and poetry at his grave on Wednesday, hailing him as a fearless warrior after he was killed along with his inner circle in a yet-to-be-explained plane crash.
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Coal miners forced to save for a rainy day by insurance snub By ReutersCoal miners forced to save for a rainy day by insurance snub
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