Alpha Natural Resources issues layoff notices to 886 at West Virginia mines

Alpha Natural Resources could file bankruptcy as soon as next month. That's according to a report Wednesday night in the Wall Street Journal.

CHARLESTON, W.Va. (AP) – Alpha Natural Resources says it plans to lay off 831 miners and dozens more support staff in southern West Virginia as a result of the downturn in the coal industry.

Bristol, Virginia-based Alpha announced Monday it has sent 60-day layoff warning notices to Boone and Raleigh counties.

The announcement includes 468 miners and 40 support staff at five underground mines at Marfork Coal Co. in Naoma and Whitesville, and 363 miners and 15 support staff at three underground mines at Elk Run Coal in Sylvester and Whitesville.

The notice says the layoffs will occur around March 25.

Alpha says the layoffs are the result of an oversupply of coal in the marketplace and dramatically reduced demand that has driven down prices to “unsustainable levels,” particularly for central Appalachian coal.

Copyright 2016 The Associated Press. All rights reserved.

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