A source close the investigation said the parent company of Massey Energy, owner of a West Virginia mine where an explosion in 2010 killed 29 men, would pay to settle a criminal investigation.
In addition to the $46.5 million payout to victims and families, the agreement includes $80 million to bolster safety and infrastructure in all underground mines owned by Alpha and Massey; $48 million to establish a mine health and safety foundation; and about $35 million in fines and fees that Massey owed to the Mine Safety and Health Administration, the branch of the Labor Department that oversees the mining industry."
