Massey Energy Expands Virginia and Kentucky Operations

JULIAN, W.Va., May 7 /PRNewswire-FirstCall/ -- Massey Energy Company (NYSE: MEE) provided the following statement regarding operation expansions in Pike County, KY and Buchanan County, VA.

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These metallurgical quality coal operations contain approximately 750,000 tons of coal and are expected to employ approximately 110 workers.

Roundbottom surface mine in Pike County, KY began operation in May 2010.  This metallurgical quality coal operation consists of approximately 160,000 surface tons and 300,000 highwall miner tons and is expected to be mined over the next 1.5 years.  The operation is expected to employ approximately 60 workers.

Hurricane Branch Trace Fork mine in Buchanan County, VA is expected to begin operation in July 2010.  This metallurgical quality coal operation consists of approximately 115,000 surface tons and 180,000 highwall miner tons and is expected to be mined over the following 12 months.  The operation is expected to employ approximately 50 workers.

These surface and highwall miner operations are projected to produce approximately 300,000 tons of metallurgical quality coal through the remainder of 2010.  This production and related capital expenditures were included in our previous guidance.

Massey Energy Company, headquartered in Richmond, Virginia, with operations in West Virginia, Kentucky and Virginia, is the largest coal producer in Central Appalachia and is included in the S&P 500 Index.  

FORWARD-LOOKING STATEMENTS: Certain statements in this statement constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to come within the safe harbor protection provided by those sections. Any forward-looking statements are also subject to a number of assumptions regarding, among other things, future economic, competitive and market conditions. These assumptions are based on facts and conditions as they exist at the time such statements are made as well as predictions as to future facts and conditions, the accurate prediction of which may be difficult and involve the assessment of circumstances or events beyond our control. We disclaim any intent or obligation to update these forward-looking statements unless required by securities law, and we caution the reader to not rely on them unduly.  Additional information can be found in press releases and Massey's public filings with the Securities and Exchange Commission, including Massey's Annual Report on Form 10-K for the year ended December 31, 2009, which was filed on March 1, 2010, and subsequently filed interim reports.

SOURCE Massey Energy Company

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