Anker Takes Over Operations at Two Deep Mines

Apr 03, 2001, 01:00 ET from Anker Coal Group, Inc.

    MORGANTOWN, W.Va., April 3 /PRNewswire/ -- Anker Coal Group, Inc. (the
 "Company") announced that its wholly-owned subsidiary, Anker West Virginia
 Mining Company, Inc. ("Anker West Virginia"), has taken over the operation of
 the Sentinel Mine in Barbour County, West Virginia and the Spruce Mine No. 1
 in Upshur County, West Virginia, effective Monday, April 2, 2001.  Both deep
 mines have been operated by a contract miner since June 1999.  Prior to that
 time, the mines were operated by Anker West Virginia.
     On March 30, 2001, the contract miner advised Anker West Virginia that it
 was ceasing operations at both deep mines.  As a result, the contract mining
 agreements were terminated as of Monday, April 2, 2001.  In addition, Anker
 West Virginia has taken steps to continue the operation of these deep mines,
 including securing the employment of the supervisory employees of the contract
 miner and entering into an agreement with the contract labor force supplier.
 By taking these steps, Anker West Virginia was able to resume coal production
 at both mines on Monday, April 2, 2001, after being idled over the weekend.
 Anker West Virginia anticipates that it will be able to maintain the
 production levels from each of these deep mining operations.  Bruce Sparks,
 President of the Company, stated that, "Although this is an unanticipated
 departure from our business plan to use contract miners for our deep mines, we
 are pleased that the transition to date has been made in an orderly fashion
 and with minimal disruption in coal production from the mines."  Mr. Sparks
 added that, "We will continue to work with our customers, the work force and
 critical suppliers to insure that the mining operations continue in the
 ordinary course."
 
     This release may contain statements that constitute forward-looking
 statements within the meaning of the Private Securities Litigation Reform Act
 of 1995.  Such forward-looking statements are not guarantees of future
 performance and involve risks and uncertainties.  Actual results may differ
 materially from those described or implied herein as a result of various
 factors, many of which are beyond the Company's control.
 
     Anker Coal Group, Inc. and its subsidiaries produce and sell coal used
 principally for electric generation and steel production in the eastern United
 States.
 
     Contact Bruce Sparks, President, Anker Coal Group, Inc. at 304-594-1616.
 
 

SOURCE Anker Coal Group, Inc.
    MORGANTOWN, W.Va., April 3 /PRNewswire/ -- Anker Coal Group, Inc. (the
 "Company") announced that its wholly-owned subsidiary, Anker West Virginia
 Mining Company, Inc. ("Anker West Virginia"), has taken over the operation of
 the Sentinel Mine in Barbour County, West Virginia and the Spruce Mine No. 1
 in Upshur County, West Virginia, effective Monday, April 2, 2001.  Both deep
 mines have been operated by a contract miner since June 1999.  Prior to that
 time, the mines were operated by Anker West Virginia.
     On March 30, 2001, the contract miner advised Anker West Virginia that it
 was ceasing operations at both deep mines.  As a result, the contract mining
 agreements were terminated as of Monday, April 2, 2001.  In addition, Anker
 West Virginia has taken steps to continue the operation of these deep mines,
 including securing the employment of the supervisory employees of the contract
 miner and entering into an agreement with the contract labor force supplier.
 By taking these steps, Anker West Virginia was able to resume coal production
 at both mines on Monday, April 2, 2001, after being idled over the weekend.
 Anker West Virginia anticipates that it will be able to maintain the
 production levels from each of these deep mining operations.  Bruce Sparks,
 President of the Company, stated that, "Although this is an unanticipated
 departure from our business plan to use contract miners for our deep mines, we
 are pleased that the transition to date has been made in an orderly fashion
 and with minimal disruption in coal production from the mines."  Mr. Sparks
 added that, "We will continue to work with our customers, the work force and
 critical suppliers to insure that the mining operations continue in the
 ordinary course."
 
     This release may contain statements that constitute forward-looking
 statements within the meaning of the Private Securities Litigation Reform Act
 of 1995.  Such forward-looking statements are not guarantees of future
 performance and involve risks and uncertainties.  Actual results may differ
 materially from those described or implied herein as a result of various
 factors, many of which are beyond the Company's control.
 
     Anker Coal Group, Inc. and its subsidiaries produce and sell coal used
 principally for electric generation and steel production in the eastern United
 States.
 
     Contact Bruce Sparks, President, Anker Coal Group, Inc. at 304-594-1616.
 
 SOURCE  Anker Coal Group, Inc.