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Mining Accident Press Conference.

The America's Intelligence Wire

| January 04, 2006 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Analyst Wire)

Byline: Maria Bartiromo

MARIA BARTIROMO, CNBC ANCHOR: We`ve got to go live right now to West Virginia. We are going to take a press conference live following the fatalities in West Virginia. Please listen in. BENNETT HATFIELD, PRESIDENT & CEO, INTERNATIONAL COAL GROUP: All right, I apologize for the delays in giving you a statement. We`re trying to be sure that our information is correct, and we will try to keep you timely informed. Again, my name is Ben Hatfield. I`m president and CEO of International Coal Group. And I`d like to read you a prepared statement and then we`ll give you the opportunity for questions. We would like to provide an update on developments relating to the Sago mine disaster since our last media briefing. As last reported, the mine rescue teams reached the furthest extent of the two left sections around 11:45 p.m. Tuesday evening and located 12 remaining miners. Sadly, only one of the 12 miners was still alive and his condition was assessed as extremely critical. The mine rescue teams did an exceptional job of providing life saving medical care to stabilize the lone survivor, Randall McCloy, Jr. and transporting him promptly to the mine portal. At last report, Mr. McCloy is in stable condition at the…

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