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Fundamental Review for International Coal Group, Inc.

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M2 PRESSWIRE-29 December 2006-bellwetherreport.com: Fundamental Review for International Coal Group, Inc.(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29122006

International Coal Group (NYSE:ICO) focuses its energy on one nation, the US. The company produces coal from 10 mining complexes in Northern and Central Appalachia (Kentucky, Maryland, and West Virginia) and from one complex in the Illinois Basin. International Coal Group produces low-sulfur steam coal, which is sold mainly to electric utilities, and metallurgical coal, which is sold to steelmakers. Steam coal accounts for two-thirds of the company's 900 millions tons of proved and positive coal reserves. International Coal Group was formed in May 2004 when investor Wilbur Ross led a group that bought many of the assets of Horizon Natural Resources in a bankruptcy auction.

Shares were down 2% after presenting sago report again.

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The state's second attempt Wednesday to brief families on its investigation of a deadly January explosion that killed 12 miners in West Virginia didn't go over any better for some relatives than the first.

About 90 minutes after Gov. Joe Manchin met with the relatives, several families left in frustration and said they would not return because the report presented by the state Office of Miners' Health, Safety and Training was merely...

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