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ACI » Topics » Extensive environmental regulations impose significant costs on our mining operations, and future regulations could materially increase those costs or limit our ability to produce and sell coal.This excerpt taken from the ACI 10-K filed Mar 1, 2010. Extensive
environmental regulations impose significant costs on our mining
operations, and future regulations could materially increase
those costs or limit our ability to produce and sell
coal.
The coal mining industry is subject to increasingly strict
regulation by federal, state and local authorities with respect
to environmental matters such as:
Table of Contents
The costs, liabilities and requirements associated with the laws
and regulations related to these and other environmental matters
may be costly and time-consuming and may delay commencement or
continuation of exploration or production operations. We cannot
assure you that we have been or will be at all times in
compliance with the applicable laws and regulations. Failure to
comply with these laws and regulations may result in the
assessment of administrative, civil and criminal penalties, the
imposition of cleanup and site restoration costs and liens, the
issuance of injunctions to limit or cease operations, the
suspension or revocation of permits and other enforcement
measures that could have the effect of limiting production from
our operations. We may incur material costs and liabilities
resulting from claims for damages to property or injury to
persons arising from our operations. If we are pursued for
sanctions, costs and liabilities in respect of these matters,
our mining operations and, as a result, our profitability could
be materially and adversely affected.
New legislation or administrative regulations or new judicial
interpretations or administrative enforcement of existing laws
and regulations, including proposals related to the protection
of the environment that would further regulate and tax the coal
industry, may also require us to change operations significantly
or incur increased costs. Such changes could have a material
adverse effect on our financial condition and results of
operations. You should see the section entitled
“Environmental and Other Regulatory Matters” for more
information about the various governmental regulations affecting
us.
These excerpts taken from the ACI 10-K filed Feb 27, 2009. Extensive
environmental regulations impose significant costs on our mining
operations, and future regulations could materially increase
those costs or limit our ability to produce and sell
coal.
The coal mining industry is subject to increasingly strict
regulation by federal, state and local authorities with respect
to environmental matters such as:
Table of Contents
The costs, liabilities and requirements associated with the laws
and regulations related to these and other environmental matters
may be costly and time-consuming and may delay commencement or
continuation of exploration or production operations. We cannot
assure you that we have been or will be at all times in
compliance with the applicable laws and regulations. Failure to
comply with these laws and regulations may result in the
assessment of administrative, civil and criminal penalties, the
imposition of cleanup and site restoration costs and liens, the
issuance of injunctions to limit or cease operations, the
suspension or revocation of permits and other enforcement
measures that could have the effect of limiting production from
our operations. We may incur material costs and liabilities
resulting from claims for damages to property or injury to
persons arising from our operations. If we are pursued for
sanctions, costs and liabilities in respect of these matters,
our mining operations and, as a result, our profitability could
be materially and adversely affected.
New legislation or administrative regulations or new judicial
interpretations or administrative enforcement of existing laws
and regulations, including proposals related to the protection
of the environment that would further regulate and tax the coal
industry, may also require us to change operations significantly
or incur increased costs. Such changes could have a material
adverse effect on our financial condition and results of
operations. You should see “Environmental and Other
Regulatory Matters” beginning on page 20 for more
information about the various governmental regulations affecting
us.
Extensive environmental regulations impose significant costs on our mining operations, and future regulations could materially increase those costs or limit our ability to produce and sell coal. The coal mining industry is subject to increasingly strict regulation by federal, state and local authorities with respect to environmental matters such as:
Table of Contents
The costs, liabilities and requirements associated with the laws and regulations related to these and other environmental matters may be costly and time-consuming and may delay commencement or continuation of exploration or production operations. We cannot assure you that we have been or will be at all times in compliance with the applicable laws and regulations. Failure to comply with these laws and regulations may result in the assessment of administrative, civil and criminal penalties, the imposition of cleanup and site restoration costs and liens, the issuance of injunctions to limit or cease operations, the suspension or revocation of permits and other enforcement measures that could have the effect of limiting production from our operations. We may incur material costs and liabilities resulting from claims for damages to property or injury to persons arising from our operations. If we are pursued for sanctions, costs and liabilities in respect of these matters, our mining operations and, as a result, our profitability could be materially and adversely affected. New legislation or administrative regulations or new judicial interpretations or administrative enforcement of existing laws and regulations, including proposals related to the protection of the environment that would further regulate and tax the coal industry, may also require us to change operations significantly or incur increased costs. Such changes could have a material adverse effect on our financial condition and results of operations. You should see “Environmental and Other Regulatory Matters” beginning on page 20 for more information about the various governmental regulations affecting us. | EXCERPTS ON THIS PAGE:
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