MARKETS

Trouble on the Horizon

UNITED Mine Workers of America (UMWA) international president Cecil Roberts will meet with Horizo...

Angie Tomlinson

Roberts is opposed to Horizon’s bankruptcy plan as he claims the company does not fulfill its contractual obligations to its UMWA workforce.

"As part of its bankruptcy plan, Horizon is asking the judge for permission to sell off certain properties minus the company's contractual obligations to its UMWA workforce, meaning successorship rights and promised health care benefits," said Roberts.

"The UMWA contract and the Coal Act remain in effect, and we will be in Lexington to remind the court that Horizon's plans blatantly violate both the contract and the Coal Act."

Roberts called on government to reform the nation's bankruptcy laws to protect workers when a company goes bankrupt.

“The labor movement has been fighting for bankruptcy and labor law reform for years now, and it's time that someone started listening," he said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production