Argus Energy LLC has announced they will be closing down mine
operations in Wayne County, West Virginia.
According to a WARN notice sent to
employees, the company has decided to close Mine #7, Mine #8, the Preparation Plant,
the Dunlow Mine office and related operation on Twelve Pole Creek Road in
Dunlow.
The letter also states they will close
the Wayne County River Terminal, Kenova office and related operations on Big Sandy Road
The closure is expected to be
permanent.
According to the notice, the facilities
will close on December 27, 2013.
In the notice, the company says,
"We deeply regret the loss of jobs that will result from this decision.
However, irreversible trends in the industry have been accelerating in the last
several years which have resulted in the decline in the Central Appalachian
coal market. Moreoever, recent events at or related to the Facilities have made
it clear that the Company has no alternative but to idle the Facilities."
