corresp
|
|
|
|
|
PEABODY ENERGY
|
|
701 Market Street
|
Michael C. Crews
|
|
St. Louis, Missouri 63101-1826
|
Executive Vice President and Chief Financial Officer
|
|
314.342.3400 |
August 18, 2010
Mr. H. Roger Schwall
Assistant Director
United States Securities and Exchange Commission
Division of Corporation Finance
100 F St. N.E.
Washington, DC 20549-4628
|
|
|
Re:
|
|
SEC Comment Letter Dated August 4, 2010 |
|
|
Peabody Energy Corporation |
|
|
Form 10-K for the Fiscal Year Ended December 31, 2009 |
|
|
Filed February 24, 2010 |
|
|
Definitive Proxy Statement on Schedule 14A |
|
|
Filed March 23, 2010 |
|
|
File No. 1-16463 |
Dear Mr. Schwall:
In response to Staff comments, we offer the following:
Form 10-K for the Year Ended December 31, 2009
Coal Supply Agreements, page 6
1. |
|
At page 6, you indicate that you sold 93% of your coal in 2009 under long-term supply
agreements and that your five largest customers accounted for 28% of your total coal sales
revenues. You discuss at page 18 the risk that If a substantial number of our long-term coal
supply agreements terminate, our revenues and operating profits could suffer. You also
indicate at page 7 that you purchase explosives and underground equipment from one principal
supplier. Ensure that you describe in the filing in necessary detail the material terms of
all material contracts and file such contracts as exhibits pursuant to Item 601(b)(10)(ii)(B)
of Regulation S-K. |
Response
We acknowledge that under Item 601(b)(10)(i) of Regulation S-K, each contract that is material
and not made in the ordinary course of business must be included as an exhibit. If the contract is
considered to be in the ordinary course of business, according to Item 601(b)(10)(ii)(B) of
Regulation S-K it need not be filed as an exhibit unless it is a contract upon which our business
is substantially dependent, as in the case of continuing contracts to sell the major part of our
products or services or to purchase the major part of our requirements of goods, services or raw
materials.
We note that the first part of the Staffs comment regarding Item 601(b)(10)(ii)(B) of
Regulation S-K pertains to sales contracts with our five largest customers. All of the contracts
with our five largest customers were entered into in the ordinary course of business. While for the
year ended December 31, 2009 we derived 28% of our total coal sales revenues from our five largest
customers, those revenues were supplied primarily from 35 long-term coal supply
Mr. H. Roger Schwall
Securities and Exchange Commission
August 18, 2010
Page 2
agreements with these customers expiring at various times from 2010 to 2016. The contract
contributing the greatest amount of annual revenue in 2009 was approximately $257 million, or
approximately 4% of our 2009 total revenue base. As a result, we do not believe that we are
substantially dependent on any individual contract with our five largest customers and therefore we
do not believe these agreements are required to be filed as exhibits to our reports on Form 10-K or
10-Q pursuant to Item 601(b)(10)(ii)(B) of Regulation S-K.
The second part of the Staffs comment on Item 601(b)(10)(ii)(B) of Regulation S-K relates to
our supply agreements for explosives and underground equipment. For explosives, we utilized three
different suppliers in the U.S. in 2009. In Australia, the majority of the explosives used in our
operations are sourced from the suppliers by our mining contractors. All of our explosives
agreements were entered into in the ordinary course of business. While the explosives in the U.S.
were predominantly sourced from one supplier in 2009, our decision was based upon the cost benefit
of a single source rather than a dependence on that one supplier. We believe it is appropriate to
note as a risk factor in our Form 10-K the risks associated with a decrease in the availability or
increase in the cost of explosives. Nevertheless, we do not believe our business is substantially
dependent on any one explosives provider. Alternative suppliers continue to be available and on
commercially reasonable terms. Therefore, we have not included any of our explosives supply
agreements as exhibits to our reports on Form 10-K or 10-Q pursuant to Item 601(b)(10) of
Regulation S-K. We believe our disclosure in Item 1 of our Form 10-K adequately balances the
supplier concentration described above while addressing the alternatives that are available to us.
Finally, while we acquire from multiple companies underground equipment and the various parts
and components required to support that equipment, we have concentrated a large portion of these
purchases with one supplier in order to take advantage of cost savings from larger volumes of
purchases. Similar to our explosives arrangements, we believe it is appropriate to note as a risk
factor in our Form 10-K the risks associated with a decrease in the availability or increase in the
cost of underground equipment. We do not believe our business is substantially dependent on any one
underground equipment provider. We have sourced from and will continue to utilize alternative
suppliers, all of which are available to us on commercially reasonable terms. As a result, we do
not believe any of our underground equipment supply agreements are required to be filed as exhibits
to our reports on Form 10-K or 10-Q pursuant to Item 601(b)(10) of Regulation S-K. Similar to our
explosives arrangements, we believe our disclosure in Item 1 of our Form 10-K adequately balances
the supplier concentration described above while addressing the alternatives that are available to
us.
For matters related to Item 601(b)(10) of Regulation S-K, we have procedures in place to
identify and evaluate contracts for potential disclosure. These procedures are conducted for each
quarterly and annual reporting period. In the future, we will continue to evaluate whether our new
contracts meet any of the conditions of Item 601(b)(10) of Regulation S-K.
Definitive Proxy Statement on Schedule 14A
2. |
|
We note that you have not included any disclosure in response to Item 402(s) of Regulation
S-K. Please advise us of the basis for your conclusion that disclosure is not necessary and
describe the process you undertook to reach that conclusion. |
Mr. H. Roger Schwall
Securities and Exchange Commission
August 18, 2010
Page 3
Response
The Compensation Committee of our Board of Directors (the Committee) determined that the
risks arising from our compensation policies and practices are not reasonably likely to have a
material adverse effect on us. In making this determination, it reviewed our executive
compensation programs and the related policies and practices to assess whether they encourage
excessive or inappropriate risk-taking.
Our annual executive compensation program covers our named executive officers, as well as
substantially all of our salaried employees who receive incentive compensation. Named executive
officers and corporate employees generally have performance metrics aligned with consolidated
corporate results. Employees in our operating units generally have performance metrics aligned in
part with their operating unit. The Committees review described below covered all of our
incentive compensation programs.
The Committees review considered the compensation practices, structures, levels and
performance criteria for the named executive officers and for other salaried participants. The
Committee has engaged Frederic W. Cook & Co., Inc. (F.W. Cook) for independent guidance on
executive compensation issues (F.W. Cook does not provide any other services to us), and they
supported the Committee in this review.
We provide our named executive officers a balanced and competitive compensation package,
including cash, equity and long-term incentive compensation. The Committee utilizes information
provided by F.W. Cook to annually benchmark against industry peers these compensation packages as
well as our compensation policies and practices, in order to assess risk, competitiveness and best
practices.
The Committee approves programs and practices annually at the outset of the calendar year.
The Committee thereafter maintains a continuing dialogue with management to track progress on
performance-based goals and to identify any possible situations that may be reasonably likely to
lead to excessive or inappropriate risk-taking driven by a desire to maximize performance-based
compensation.
The Committee has considered the fact that our annual incentive compensation plan has payouts
at varying levels of performance. The target opportunities available to our named executive
officers and other plan participants are determined as a percentage of their base salaries.
Payouts under our annual cash incentive compensation plan are based on achievement of several
performance-based metrics such as EBITDA, earnings per share, and safety performance, as well as
specific and objective individual goals. The Committee believes this broad spectrum of performance
measures appropriately balances risk-taking and the desire to focus plan participants on specific
short-term goals important to our success. Failure to attain minimum targets will result in reduced
or zero payments, and all programs are capped to prevent
excessive payments. The Committee believes this helps to mitigate excessive risk taking by
participants.
Our long-term incentive plan includes grants of performance units that are generally based on
return on capital over a three-year period or total shareholder return over a three-year period
relative to an industry comparator group and the S&P 500 index. Potential awards under
Mr. H. Roger Schwall
Securities and Exchange Commission
August 18, 2010
Page 4
this program are capped and payouts are made in company stock, which helps to align the interests
of our executives with building long-term shareholder value. Equity awards to our executives
typically vest over three years. The Committee believes these features help to mitigate excessive
risk taking by participants.
Finally, the Committee has considered that we have established effective internal controls and
a global code of ethics and business conduct, which help to support our compensation goals and
mitigate compensation risk.
Based on these and other factors, the Committee determined that any risks arising from our
compensation policies and practices for our employees are not reasonably likely to have a material
adverse effect on us.
We note that item 402(s) of Regulation S-K calls for disclosure [t]o the extent that risk
arising from the registrants compensation policies and practices for its employees are reasonably
likely to have a material adverse effect on the registrant . . . . [Emphasis added]. We also note
that under Release No. 33-9089, ... the final rule does not require a company to make an
affirmative statement that it has determined that the risks arising from its compensation policies
and practices are not reasonably likely to have a material adverse effect on the company. In the
future, if we determine that any risks arising from our compensation policies and practices for our
employees are reasonably likely to have a material adverse effect on us, we will include
appropriate disclosure in applicable future filings.
Engineering Comments
Form 10-K for the Fiscal Year Ended December 31, 2009
Safety and Health, page 9
3. |
|
We note your disclosure of Peabodys world-wide operational injury incidence rates of 2.82,
which are 30 percent lower than the U.S. rate. We also note the U.S. injury incidence rate for
2009 is 2.83. Please expand your disclosure to list separately your U.S. based and Australian
injury incidence rates as compared to the MSHA industry average for the last three years. |
Response
One of the ways that we monitor safety performance is through the tracking of incidence rates.
We believe the incidence rate metric is an important measure because it includes all reported
injuries regardless of severity or days lost. For example, if an employee at one of our mines has
an injury that does not result in any days lost, the reported injury is still captured in the
computation of the incidence rate.
We compute the incidence rate as the number of injuries (MSHA injury degree code 1 to 6)
divided into employee hours worked, multiplied by 200,000 hours. Our incidence rate excludes the
injuries and hours associated with office workers. For 2009, we reported in our Form 10-K that our
world-wide incidence rate was 2.82.
Mr. H. Roger Schwall
Securities and Exchange Commission
August 18, 2010
Page 5
We believe the most comparable MSHA incidence rate is from MSHAs Mine Injury and Worktime
Operators report and represents the all incidence rate for all coal mines, excluding the impact of
office workers (All Incidence Rate). The All Incidence Rate reported by MSHA as available at the
time of our Form 10-K filing was 4.06. As is customary, MSHA later revised the rate retrospectively
once all final data for 2009 was available, which resulted in a final All Incidence Rate for 2009
of 4.14 (included as attachment 1). Our reported world wide incidence rate of 2.82 is approximately
30% lower than both the preliminary and final MSHA All Incidence Rate.
We believe your comment that the U.S. injury incidence rate for 2009 is 2.83 may refer to
the all coal mines nonfatal days lost incidence (NFDL) rate, excluding office workers, published
by MSHA. We refer the Staff to the final 2009 MSHA report in attachment 1 in which the NFDL rate
was 2.88. We do not use this rate for comparison purposes because it does not include all
incidents.
In the following table we have provided incidence rates for our U.S. and Australian operations
compared to the final published MSHA All Incidence Rate. While our Australian mines are not
required to report safety information to MSHA, in 2008 we modified our injury reporting processes
such that our Australian operations began capturing the safety data using the same criteria as that
of our U.S. operations. As a result, the incidence rate for our Australian operations for 2007 is
not available on this basis.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2007 |
|
|
2008 |
|
|
2009 |
|
U.S. |
|
|
2.61 |
|
|
|
1.70 |
|
|
|
2.06 |
|
Australia |
|
|
N/A |
|
|
|
7.24 |
|
|
|
4.33 |
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
N/A |
|
|
|
3.55 |
|
|
|
2.82 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
MSHA |
|
|
4.64 |
|
|
|
4.41 |
|
|
|
4.14 |
|
With respect to future filings, references to incidence rates will be expanded to provide
separate incidence rates for our U.S. and Australian operations and describe how our incidence
rates are calculated. In addition, we will compare our incidence rates to the MSHA All Incidence
Rate and will provide specific reference to the MSHA data used for comparative purposes.
4. |
|
In addition to the above information please provide supplementally, the appropriate safety
related information/data from each of your operating facilities which allowed you to generate
these world-wide statistics for your company. This may include your estimates of man-hours,
fatalities, lost time, and reportable injuries segregated by the facility type (surface,
underground, plant, etc.) for the last three years. |
Response
In response to the Staffs comment, we are providing under separate cover the supplemental
information requested. This information includes a three-year comparison by facility type of the
number of reportable incidents, employee hours and the calculated incidence rate. We note for the
Staff that there were no fatalities at our mines during this three-year period. In addition, as
noted in our response to comment 3, comparable data for our Australian operations is not available
for 2007.
Mr. H. Roger Schwall
Securities and Exchange Commission
August 18, 2010
Page 6
* * * * * * * * * * *
In connection with responding to the Staffs comments, we hereby acknowledge that:
|
|
|
the Company is responsible for the adequacy and accuracy of the disclosure in the
filing; |
|
|
|
Staff comments or changes to disclosure in response to Staff comments do not
foreclose the Commission from taking any action with respect to the filing; and |
|
|
|
the Company may not assert Staff comments as a defense in any proceeding initiated
by the Commission or any person under the federal securities laws of the United
States. |
We appreciate your consideration of these comments, please do not hesitate to contact me
should you need additional clarification.
|
|
|
|
|
|
Sincerely,
|
|
|
/s/ Michael C. Crews
|
|
|
Michael C. Crews |
|
|
Executive Vice President and
Chief Financial Officer |
|
|
Attachment 1
TABLE
1. NUMBER OF OPERATOR INJURIES, INJURY-INCIDENCE RATES, AVERAGE NUMBER OF EMPLOYEES, EMPLOYEE
HOURS, AND PRODUCTION BY TYPE OF COAL MINED AND WORK LOCATION
JANUARY DECEMBER, 2009
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TYPE OF COAL |
|
|
|
|
|
FATAL |
|
|
|
|
|
|
NFDL |
|
|
|
|
|
|
NDL |
|
|
|
|
|
|
ALL |
|
|
AVERAGE |
|
|
|
|
|
|
|
AND |
|
|
|
|
|
INCIDENCE |
|
|
|
|
|
|
INCIDENCE |
|
|
|
|
|
|
INCIDENCE |
|
|
ALL |
|
|
INCIDENCE |
|
|
NUMBER OF |
|
|
EMPLOYEE |
|
|
PRODUCTION |
|
WORK LOCATION |
|
FATAL |
|
|
RATE |
|
|
NFDL |
|
|
RATE |
|
|
NDL |
|
|
RATE |
|
|
OCCURENCES |
|
|
RATE |
|
|
EMPLOYEES |
|
|
HOURS |
|
|
(SHORT TONS) |
|
BITUMINOUS COAL: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND |
|
|
6 |
|
|
|
.01 |
|
|
|
1,936 |
|
|
|
4.29 |
|
|
|
803 |
|
|
|
1.78 |
|
|
|
2,745 |
|
|
|
6.09 |
|
|
|
41,188 |
|
|
|
90,215,029 |
|
|
|
331,879,181 |
|
SURFACE |
|
|
|
|
|
|
|
|
|
|
99 |
|
|
|
3.19 |
|
|
|
56 |
|
|
|
1.80 |
|
|
|
155 |
|
|
|
4.99 |
|
|
|
3,003 |
|
|
|
6,212,276 |
|
|
|
|
|
TOTAL,
UNDERGROUND
MINES |
|
|
6 |
|
|
|
.01 |
|
|
|
2,035 |
|
|
|
4.22 |
|
|
|
859 |
|
|
|
1.78 |
|
|
|
2,900 |
|
|
|
6.01 |
|
|
|
44,191 |
|
|
|
96,427,305 |
|
|
|
331,879,181 |
|
SURFACE MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STRIP MINES |
|
|
4 |
|
|
|
.01 |
|
|
|
437 |
|
|
|
1.27 |
|
|
|
200 |
|
|
|
.58 |
|
|
|
641 |
|
|
|
1.86 |
|
|
|
32,330 |
|
|
|
68,929,909 |
|
|
|
732,425,156 |
|
AUGER MINES |
|
|
|
|
|
|
|
|
|
|
12 |
|
|
|
2.26 |
|
|
|
9 |
|
|
|
1.69 |
|
|
|
21 |
|
|
|
3.95 |
|
|
|
680 |
|
|
|
1,062,943 |
|
|
|
6,091,953 |
|
OTHER SURFACE MINES |
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
1.32 |
|
|
|
7 |
|
|
|
2.31 |
|
|
|
11 |
|
|
|
3.63 |
|
|
|
348 |
|
|
|
605,279 |
|
|
|
2,497,474 |
|
TOTAL, SURFACE MINES |
|
|
4 |
|
|
|
.01 |
|
|
|
453 |
|
|
|
1.28 |
|
|
|
216 |
|
|
|
.61 |
|
|
|
673 |
|
|
|
1.91 |
|
|
|
33,358 |
|
|
|
70,598,131 |
|
|
|
741,014,583 |
|
TOTAL, PRODUCTION MINING |
|
|
10 |
|
|
|
.01 |
|
|
|
2,488 |
|
|
|
2.98 |
|
|
|
1,075 |
|
|
|
1.29 |
|
|
|
3,573 |
|
|
|
4.28 |
|
|
|
77,549 |
|
|
|
167,025,436 |
|
|
|
1,072,893,764 |
|
PREPARATION PLANTS |
|
|
|
|
|
|
|
|
|
|
151 |
|
|
|
1.70 |
|
|
|
86 |
|
|
|
.97 |
|
|
|
237 |
|
|
|
2.67 |
|
|
|
7,994 |
|
|
|
17,738,394 |
|
|
|
|
|
INDEPENDENT SHOPS/YARDS |
|
|
|
|
|
|
|
|
|
|
8 |
|
|
|
1.61 |
|
|
|
6 |
|
|
|
1.21 |
|
|
|
14 |
|
|
|
2.81 |
|
|
|
434 |
|
|
|
995,576 |
|
|
|
|
|
TOTAL, OTHER OPERATIONS |
|
|
|
|
|
|
|
|
|
|
159 |
|
|
|
1.70 |
|
|
|
92 |
|
|
|
.98 |
|
|
|
251 |
|
|
|
2.68 |
|
|
|
8,428 |
|
|
|
18,733,970 |
|
|
|
|
|
|
TOTAL, BITUMINOUS MINING |
|
|
10 |
|
|
|
.01 |
|
|
|
2,647 |
|
|
|
2.85 |
|
|
|
1,167 |
|
|
|
1.26 |
|
|
|
3,824 |
|
|
|
4.12 |
|
|
|
85,977 |
|
|
|
185,759,406 |
|
|
|
1,072,893,764 |
|
|
PENNSYLVANIA ANTHRACITE COAL: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND
MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND |
|
|
|
|
|
|
|
|
|
|
7 |
|
|
|
10.70 |
|
|
|
|
|
|
|
|
|
|
|
7 |
|
|
|
10.70 |
|
|
|
74 |
|
|
|
130,881 |
|
|
|
176,241 |
|
SURFACE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
20 |
|
|
|
29,186 |
|
|
|
|
|
TOTAL, UNDERGROUND MINES |
|
|
|
|
|
|
|
|
|
|
7 |
|
|
|
8.75 |
|
|
|
|
|
|
|
|
|
|
|
7 |
|
|
|
8.75 |
|
|
|
94 |
|
|
|
160,067 |
|
|
|
176,241 |
|
SURFACE MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STRIP MINES |
|
|
|
|
|
|
|
|
|
|
22 |
|
|
|
5.50 |
|
|
|
|
|
|
|
|
|
|
|
22 |
|
|
|
5.50 |
|
|
|
450 |
|
|
|
800,447 |
|
|
|
1,554,877 |
|
CULM BANK |
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
1.90 |
|
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
1.90 |
|
|
|
174 |
|
|
|
316,335 |
|
|
|
190,076 |
|
DREDGE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL, SURFACE MINES |
|
|
|
|
|
|
|
|
|
|
25 |
|
|
|
4.48 |
|
|
|
|
|
|
|
|
|
|
|
25 |
|
|
|
4.48 |
|
|
|
624 |
|
|
|
1,116,782 |
|
|
|
1,744,953 |
|
TOTAL, PRODUCTION MINING |
|
|
|
|
|
|
|
|
|
|
32 |
|
|
|
5.01 |
|
|
|
|
|
|
|
|
|
|
|
32 |
|
|
|
5.01 |
|
|
|
718 |
|
|
|
1,276,849 |
|
|
|
1,921,194 |
|
PREPARATION PLANTS |
|
|
|
|
|
|
|
|
|
|
21 |
|
|
|
5.90 |
|
|
|
8 |
|
|
|
2.25 |
|
|
|
29 |
|
|
|
8.15 |
|
|
|
349 |
|
|
|
711,856 |
|
|
|
|
|
INDEPENDENT SHOPS/YARDS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL, OTHER OPERATIONS |
|
|
|
|
|
|
|
|
|
|
21 |
|
|
|
5.90 |
|
|
|
8 |
|
|
|
2.25 |
|
|
|
29 |
|
|
|
8.15 |
|
|
|
349 |
|
|
|
711,856 |
|
|
|
|
|
|
TOTAL, ANTHRACITE MINING |
|
|
|
|
|
|
|
|
|
|
53 |
|
|
|
5.33 |
|
|
|
8 |
|
|
|
.80 |
|
|
|
61 |
|
|
|
6.13 |
|
|
|
1,067 |
|
|
|
1,988,705 |
|
|
|
1,921,194 |
|
|
ALL COAL: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
UNDERGROUND |
|
|
6 |
|
|
|
.01 |
|
|
|
1,943 |
|
|
|
4.30 |
|
|
|
803 |
|
|
|
1.78 |
|
|
|
2,752 |
|
|
|
6.09 |
|
|
|
41,262 |
|
|
|
90,345,910 |
|
|
|
332,055,422 |
|
SURFACE |
|
|
|
|
|
|
|
|
|
|
99 |
|
|
|
3.17 |
|
|
|
56 |
|
|
|
1.79 |
|
|
|
155 |
|
|
|
4.97 |
|
|
|
3,023 |
|
|
|
6,241,462 |
|
|
|
|
|
TOTAL, UNDERGROUND MINES |
|
|
6 |
|
|
|
.01 |
|
|
|
2,042 |
|
|
|
4.23 |
|
|
|
859 |
|
|
|
1.78 |
|
|
|
2,907 |
|
|
|
6.02 |
|
|
|
44,285 |
|
|
|
96,587,372 |
|
|
|
332,055,422 |
|
SURFACE MINES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STRIP MINES |
|
|
4 |
|
|
|
.01 |
|
|
|
459 |
|
|
|
1.32 |
|
|
|
200 |
|
|
|
.57 |
|
|
|
663 |
|
|
|
1.90 |
|
|
|
32,780 |
|
|
|
69,730,356 |
|
|
|
733,980,033 |
|
AUGER MINES |
|
|
|
|
|
|
|
|
|
|
12 |
|
|
|
2.26 |
|
|
|
9 |
|
|
|
1.69 |
|
|
|
21 |
|
|
|
3.95 |
|
|
|
680 |
|
|
|
1,062,943 |
|
|
|
6,091,953 |
|
CULM BANK |
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
.70 |
|
|
|
4 |
|
|
|
.94 |
|
|
|
7 |
|
|
|
1.64 |
|
|
|
481 |
|
|
|
851,166 |
|
|
|
1,735,820 |
|
DREDGE |
|
|
|
|
|
|
|
|
|
|
4 |
|
|
|
11.36 |
|
|
|
3 |
|
|
|
8.52 |
|
|
|
7 |
|
|
|
19.87 |
|
|
|
41 |
|
|
|
70,448 |
|
|
|
951,730 |
|
TOTAL, SURFACE MINES |
|
|
4 |
|
|
|
.01 |
|
|
|
478 |
|
|
|
1.33 |
|
|
|
216 |
|
|
|
.60 |
|
|
|
698 |
|
|
|
1.95 |
|
|
|
33,982 |
|
|
|
71,714,913 |
|
|
|
742,759,536 |
|
TOTAL, PRODUCTION MINING |
|
|
10 |
|
|
|
.01 |
|
|
|
2,520 |
|
|
|
2.99 |
|
|
|
1,075 |
|
|
|
1.28 |
|
|
|
3,605 |
|
|
|
4.28 |
|
|
|
78,267 |
|
|
|
168,302,285 |
|
|
|
1,074,814,958 |
|
PREPARATION PLANTS |
|
|
|
|
|
|
|
|
|
|
172 |
|
|
|
1.86 |
|
|
|
94 |
|
|
|
1.02 |
|
|
|
266 |
|
|
|
2.88 |
|
|
|
8,343 |
|
|
|
18,450,250 |
|
|
|
|
|
INDEPENDENT SHOPS/YARDS |
|
|
|
|
|
|
|
|
|
|
8 |
|
|
|
1.61 |
|
|
|
6 |
|
|
|
1.21 |
|
|
|
14 |
|
|
|
2.81 |
|
|
|
434 |
|
|
|
995,576 |
|
|
|
|
|
TOTAL, OTHER OPERATIONS |
|
|
|
|
|
|
|
|
|
|
180 |
|
|
|
1.85 |
|
|
|
100 |
|
|
|
1.03 |
|
|
|
280 |
|
|
|
2.88 |
|
|
|
8,777 |
|
|
|
19,445,826 |
|
|
|
|
|
|
TOTAL, ALL COAL |
|
|
10 |
|
|
|
.01 |
|
|
|
2,700 |
|
|
|
2.88 |
|
|
|
1,175 |
|
|
|
1.25 |
|
|
|
3,885 |
|
|
|
4.14 |
|
|
|
87,044 |
|
|
|
187,748,111 |
|
|
|
1,074,814,958 |
|
|
OFFICEWORKERS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BITUMINOUS |
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
.08 |
|
|
|
5 |
|
|
|
.14 |
|
|
|
8 |
|
|
|
.22 |
|
|
|
3,692 |
|
|
|
7,161,048 |
|
|
|
|
|
ANTHRACITE |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
149 |
|
|
|
251,700 |
|
|
|
|
|
TOTAL, OFFICEWORKERS |
|
|
|
|
|
|
|
|
|
|
3 |
|
|
|
.08 |
|
|
|
5 |
|
|
|
.13 |
|
|
|
8 |
|
|
|
.22 |
|
|
|
3,841 |
|
|
|
7,412,748 |
|
|
|
|
|
|
GRAND TOTAL |
|
|
10 |
|
|
|
.01 |
|
|
|
2,703 |
|
|
|
2.77 |
|
|
|
1,180 |
|
|
|
1.21 |
|
|
|
3,893 |
|
|
|
3.99 |
|
|
|
90,885 |
|
|
|
195,160,859 |
|
|
|
1,074,814,958 |
|
Note: The above table represents an Edgarized version of the 2009 final Mine Injury and worktime Operators Report published by
MSHA on August 4, 2010. This report can be found on the MSHA website at the following address: http://www.msha.gov/Stats/Part50/WQ/MasterFiles/MIWQ%20Master_20095.pdf
5