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Mingo To Gain From Coal Deal
Mingo County coffers gain 364100 dollars from a 700 million dollar deal between U S Steel and Sohio Sohio will acquire 700 million tons of coal reserves in Utah Illinois Pennsylvania and West Virginia with most land values totaling five million dollars in Mingo County The sale includes more than 39000 acres in Mingo Logan and adjacent reserves in these counties Logan Mingo field is a top metallurgical coal block in the East Proceeds will bolster U S Steel third quarter income and support diversification Whitehouse and Roderick announced the deal confirming Sohio's expanded coal role
MENTIONED IN THIS ARTICLE
Mingo
Cleveland
Sohio
Utah
Illinois
Pennsylvania
Logan
Wellman
U.S. Steel
Mingo County
E. Donald Evans
Evans
Logan County
Island Creek
Logan-Mingo
West Virginia
David M. Roderick
Alton W. Whitehouse
Whitehouse
Old Ben Coal