Miner Suffers Fatal Injury at Berwind Mine

Rhea-AI Summary

On February 28, 2022, Ramaco Resources (NASDAQ: METC) announced the tragic death of Steven H. Hively, a contract employee, at the Berwind Mine Complex in West Virginia. The company expressed its condolences to Hively's family and stated that the incident is under investigation by state and federal safety authorities. Ramaco committed to determining the cause of the accident. Hively was an experienced miner affiliated with GMS Mine Repair & Maintenance, a long-term contractor for Ramaco.

Positive

• Company expresses commitment to investigate the accident thoroughly.

Negative

• Fatal incident raises concerns over safety protocols at the mine.
• Potential adverse impact on company reputation and employee morale.

News Market Reaction – METC

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LEXINGTON, Ky., Feb. 28, 2022 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) ("Ramaco" or the "Company") issued the following statement related to the death of Steven H. Hively of Philippi, West Virginia at the Berwind Mine Complex operated by Ramaco Resources, LLC, a subsidiary of the Company. "We were saddened to learn early this morning that a contract employee working underground at our Berwind Mine Complex in McDowell County, West Virginia passed away. We extend our heartfelt thoughts, prayers, and condolences to Mr. Hively's family, friends and co-workers. Mr. Hively was an experienced miner employed by GMS Mine Repair & Maintenance, Inc. a longtime independent contractor for the Company. The accident was reported immediately to state and federal safety authorities who, along with the company and contractor, are now investigating. The Company is committed to find the cause of this accident." 

Contact: info@ramacocoal.com or 859-244-7455

 

View original content:https://www.prnewswire.com/news-releases/miner-suffers-fatal-injury-at-berwind-mine-301492145.html

SOURCE Ramaco Resources, Inc.

FAQ

What happened at the Berwind Mine involving Ramaco Resources (METC)?

A contract employee, Steven H. Hively, tragically passed away due to a fatal incident at the Berwind Mine Complex operated by Ramaco Resources on February 28, 2022.

What is Ramaco Resources' response to the fatality at their mine?

Ramaco Resources expressed condolences to Hively's family and stated their commitment to investigate the incident in conjunction with safety authorities.

Who was Steven H. Hively?

Steven H. Hively was an experienced miner employed by GMS Mine Repair & Maintenance, an independent contractor for Ramaco Resources.

What measures will Ramaco Resources take following the incident?

The company has committed to thoroughly investigating the cause of the accident and has reported it to state and federal safety authorities.