American Coal lays off miners

Nearly 300 area coal miners are without a job.
The American Coal Company confirmed the layoffs at the company's New Future Mine near Galatia.
Gary M. Broadbent, senior corporate counsel and director of investor and media relations, released a statement on the layoffs.
"The American Coal Company ("AmCoal") confirms that it has been forced to reduce its scheduled operations at its New Future Mine, as a result of recently encountered adverse mining conditions," the statement said. "AmCoal is reviewing all of its current options with respect to this operation."
AmCoal was incorporated in 1998 and is based in Galatia. It operates as a subsidiary of Murray Energy Corporation.