Massey CEO set to address investor conference
Wednesday, November 17, 2010
CHARLESTON, W.Va. (AP) — Massey Energy Co.’s chief executive will address investors amid swirling rumors that the troubled Virginia-based coal company is a takeover target.
Don Blankenship is scheduled to speak Wednesday at the Dahlman Rose Global Metals, Mining & Materials Conference in New York. Massey says the speech will be broadcast over the Internet.
Massey has reported mounting losses since a deadly April explosion in West Virginia. It’s now widely considered a takeover target for rivals such as Alpha Natural Resources and steel industry giant ArcelorMittal SA.
The April 5 blast at Massey’s Upper Big Branch mine killed 29 miners and is the subject of criminal and civil investigations.
Massey operates dozens of mines in West Virginia, Kentucky and Virginia.
Massey webcast: http://www.wsw.com/webcast/dahlman6/mee/