Business Context and Reporting Period
SunCoke Energy, Inc. filed this Form 8-K on November 18, 2011, to disclose a safety event at its subsidiary, Dominion Coal Corporation. The report concerns the Dominion No. 36 mine located in Buchanan County, Virginia.
Key Financial Metrics
This filing is a current report regarding a safety incident and does not contain financial statements. Consequently, data regarding revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes
The material event reported is the receipt of an imminent danger order under Section 107(a) of the Federal Mine Safety and Health Act of 1977. The Mine Safety and Health Administration (MSHA) cited the roof along the belt and track entry of an intake air course as unsound and unsafe for travel.
Outlook, Risks, and Management Commentary
- Incident Details: No injuries occurred during the event.
- Operational Impact: The cited area is part of previously mined land and is not currently in production.
- Corrective Actions: Management has cordoned off the area to prevent entry and is implementing measures to install additional roof supports.
- Risk Factors: The filing highlights compliance risks associated with mine safety regulations under the Dodd-Frank Wall Street and Consumer Protection Act.
Investor Verification Checklist
- Verify the status of the roof support installation and the timeline for MSHA re-inspection.
- Confirm that the cited area remains non-productive and assess potential delays to future mining plans in that sector.
- Review subsequent filings for any updates on the order or additional safety citations at the Dominion No. 36 mine.