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| Coal
Mining Forecast 2004
 Rising
natural gas prices, lower stockpiles and shrinking
eastern capacity will keep coal prices at a premium
in 2004 predicts Coal Age Magazine.
2003
ended on a good note for the U.S. coal business.
Coal prices, especially compliance coal in the
East, finished strong. The price for natural gas,
coal's biggest competitor as a fuel source, was
rising as the country prepared for winter. Coal
stocks on Wall Street were trading at high prices
at year end. Many analysts believe that the coal
industry is poised on the brink of improved profitability.
more>>> |
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April
Birthdays |
| Mary
Ann Wharton |
1 |
Chandler
F. Cox, Jr. |
17 |
| Jon
Falkner |
17 |
| Tammy
Fox |
26 |
|
|
May
Birthdays |
Natalie
J. Becker |
1 |
| Durbin
W. Christner |
16 |
| Genevieve
L. Noble |
25 |
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|
| |
| HAPPY
BIRTHDAY,
CGH INSURANCE GROUP
& AMERICAN MINING INS. CO.
CGH
Insurance Group and its primary subsidiary, American
Mining Insurance Company, celebrate their 15th
Anniversary in 2004. A special celebration
is being planned for the Fall. CGH was formed
on March 1, 1989 and purchased what was then known
as Interlaken Insurance Company on April 4, 1989.
Interlaken was immediately renamed American Mining
Insurance Company (AMIC).
Initially
operations were limited to writing coal mines
in Alabama, Tennessee and Pennsylvania. The first
year of operation the Company had 5 employees
and wrote $2.5 million in premiums. Today
AMIC provides insurance in 12 states with annual
policy premiums of approximately $35 million and
has over 50 employees.
more>>>
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Top
10 Coal Producing
States In 2003
| State |
Tons
Mined |
| Wyoming
|
372,111,000 |
| West
Virginia |
140,600,000 |
| Kentucky
|
111,567,000 |
| Pennsylvania |
66,029,000 |
| Texas |
46,692,000 |
| Montana
|
35,702,000 |
| Colorado |
35,369,000 |
| Indiana |
34,823.000 |
| Illinois |
31,353,000 |
| Virginia |
30,757,000 |
| U.S.
Total |
1,063,130,000 |
|
|
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New
Hires and Congratulations!
Effective
April 2004
Linda
Tucker (Birmingham Office) joined the
Company on April 1. Linda has assumed Helen
Rogers' responsibilities (Helen suffered a stroke
in February). Linda has an extensive background
in payroll management/employee benefits. Most
recently she was employed in the Human Resources
Department of Synovus Mortgage Corporation.
Prior to joining Synovus, Linda worked for Sears-Roebuck
and Company for over twenty five years in various
human resources/administrative jobs.
Danna
Sanders (Birmingham Office) was married
to Jeremy Orton on April 17, 2004. Congratulations!
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|
| |
|
April
Anniversaries |
| Ted
Roose |
7
years |
| |
May
Anniversaries |
| Larry
Clevinger |
2
years |
| Chandler
F. Cox, Jr. |
19
years |
| Edward
M. Glenn |
19
years |
| Robin
E. King |
3
years |
| Elaine
V. Senner |
4
years |
| Kathy
M. Yaworski |
12
years |
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