James River Coal’s 3Q loss widens on weak prices

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RICHMOND, Va. (AP) — James River Coal Co. said Wednesday that its third-quarter loss widened as weak demand drove down prices and the coal producer experienced higher costs. Its shares skidded lower in morning trading.

The Richmond-based company, with operations in Kentucky, West Virginia and Indiana, mines thermal coal used for power generation and metallurgical coal, used to produce steel.

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