BRISTOL, Tenn., Nov. 15, 2019 /PRNewswire/ -- Contura
Energy, Inc. (NYSE: CTRA), a leading U.S. coal supplier, today
announced the temporary idling of certain support functions at its
Cumberland longwall mine in
Greene County, Pennsylvania. Due
to adverse seam geology in the form of a soft fire clay bottom on
the longwall section, and in an effort to reduce mine costs,
management made the decision the afternoon of November 14 to temporarily idle support
functions, including continuous miner development and preparation
plant facilities, effective Friday, November
15. The partial idling of Cumberland mine is anticipated to end on or
before Monday, November 18, when the
mine is expected to return to more manageable bottom conditions.
Support functions will resume once the temporary idling is
complete.
Operations will continue at a reduced rate on Cumberland's longwall section during the
temporary idling, and coal will continue to ship from both
Cumberland's preparation plant and
the Labelle river terminal.
"The team at Cumberland has
been working through intermittent issues in recent days to get
through a challenging, but temporary, routine issue in the seam
geology," said chairman and chief executive officer, David Stetson. "The decision was made late
yesterday afternoon to reduce support mine costs over the weekend
while the longwall operation resolves these issues, and we expect
support functions to resume their normal duties as soon as Monday
once the longwall returns to more manageable bottom
conditions."
ABOUT CONTURA ENERGY
Contura Energy (NYSE: CTRA) is a Tennessee-based coal supplier with affiliate
mining operations across major coal basins in Pennsylvania, Virginia and West
Virginia. With customers across the globe, high-quality
reserves and significant port capacity, Contura Energy reliably
supplies both metallurgical coal to produce steel and thermal coal
to generate power. For more information, visit
www.conturaenergy.com.
FORWARD-LOOKING STATEMENTS
This news release includes forward-looking
statements. These forward-looking statements are based on
Contura's expectations and beliefs concerning future events and
involve risks and uncertainties that may cause actual results to
differ materially from current expectations. These factors are
difficult to predict accurately and may be beyond Contura's
control. Forward-looking statements in this news release or
elsewhere speak only as of the date made. New uncertainties
and risks arise from time to time, and it is impossible for Contura
to predict these events or how they may affect Contura. Except
as required by law, Contura has no duty to, and does not intend to,
update or revise the forward-looking statements in this news
release or elsewhere after the date this release is issued. In
light of these risks and uncertainties, investors should keep in
mind that results, events or developments discussed in any
forward-looking statement made in this news release may not
occur.
MEDIA CONTACT
corporatecommunications@conturaenergy.com
Emily O'Quinn
423.573.0369
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SOURCE Contura Energy, Inc.