ST. LOUIS, July 28, 2015 /PRNewswire/ -- Foresight Energy LP (NYSE: FELP) ("Foresight") reported today that it has resumed longwall mining operations at its Deer Run Mine, under the plan approved by the Federal Mine Safety and Health Administration ("MSHA"), and will continue those mining activates over the next several days, until it reaches a location where the longwall can be safely recovered and relocated to a new longwall district. Upon completion of this longwall move, Foresight will seal the current longwall district and then utilize continuous mining machines to resume development of the next longwall district, in a new area of the mine. Foresight continues to work with regulatory agencies for the purpose of completing this longwall move and fully resuming normal longwall mining operations at the Deer Run Mine.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains "forward-looking" statements within the meaning of the federal securities laws. These statements contain words such as "possible," "intend," "will," "if" and "expect" and can be impacted by numerous factors, including risks relating to the securities markets generally, the impact of adverse market conditions affecting business of Foresight, adverse changes in laws including with respect to tax and regulatory matters and other risks. There can be no assurance that actual results will not differ from those expected by management of Foresight. Foresight undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which it becomes aware of, after the date hereof.
About Foresight Energy LP
Foresight is a leading coal producer in the Illinois basin region of the United States with control of over three billion tons of coal reserves currently supporting four mining complexes. Foresight's logistics give each of its mining complexes multiple modes of transportation to reach the end-users for its coal, including rail, barge and truck. Foresight serves both the domestic and international markets.
Logo - http://photos.prnewswire.com/prnh/20150718/238085LOGO
SOURCE Foresight Energy LP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article