Alpha Confirms Fatality Following Flooding Incident at Rolling Thunder Mine
Rhea-AI Summary
Alpha Metallurgical Resources (NYSE: AMR) confirmed a fatality after a flooding incident at Rolling Thunder Mine in Nicholas County, W. Va., on November 8, 2025. A section foreman, Steven Lipscomb, 42, died after a sudden inflow of water while helping his crew evacuate; all other miners in the area escaped safely. Alpha said it mobilized resources and led multi-day rescue and recovery efforts with local, state and federal agencies and dive teams. The company expressed condolences to the family and said it is cooperating with federal and state authorities on a thorough investigation into the incident and its causes.
Positive
- All other miners in the affected area evacuated safely on Nov 8, 2025
- Alpha mobilized resources and led multi-day rescue and recovery efforts
Negative
- Fatality of a section foreman (Steven Lipscomb) following flooding on Nov 8, 2025
- Multi-day rescue and recovery effort required due to sudden inflow of water
- Company investigation underway with federal and state authorities
News Market Reaction
On the day this news was published, AMR declined 6.17%, reflecting a notable negative market reaction. This price movement removed approximately $134M from the company's valuation, bringing the market cap to $2.04B at that time.
Data tracked by StockTitan Argus on the day of publication.
During routine operations, a crew in the underground mine encountered a sudden and substantial inflow of water. Tragically, Steven Lipscomb, 42, of
"Our hearts are broken," said Andy Eidson, Alpha's chief executive officer. "Steve joined our company in 2006 and was a dedicated employee, respected leader and friend to many. His actions to ensure the safety of his crew members were heroic. On behalf of the entire organization, we extend our prayers and deepest sympathies to his wife, two children and all who knew and cared for him."
Immediately upon learning of the incident, Alpha officials responded, mobilizing all available resources and leading around-the-clock rescue efforts which were supported by numerous local, state and federal agency officials as well as emergency response dive teams.
"We want to express our heartfelt gratitude to the mine rescue teams, agency officials, and all who worked tirelessly under extreme conditions throughout the multi-day rescue and recovery effort,"
The company is working closely with federal and state authorities to conduct a thorough investigation into the accident and its underlying causes.
About Alpha Metallurgical Resources
Alpha Metallurgical Resources (NYSE: AMR) is a
INVESTOR & MEDIA CONTACT: EMILY O'QUINN
InvestorRelations@AlphaMetResources.com
CorporateCommunications@AlphaMetResources.com
(423) 573-0369
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SOURCE Alpha Metallurgical Resources, Inc.