UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): January 23, 2006
INTERNATIONAL COAL GROUP, INC
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(Exact Name of Registrant as Specified in Charter)
DELAWARE 001-32679 20-2641185
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
2000 ASHLAND DRIVE
ASHLAND, KENTUCKY 41101
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(Address of Principal Executive Offices) Zip Code)
Registrants' telephone number, including area code: (606) 920-7400
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 7.01. REGULATION FD DISCLOSURE.
As previously reported, on January 2, 2006, an explosion occurred at our
Sago Mine in Tallmansville, West Virginia. The Sago Mine is operated by our
subsidiary Wolf Run Mining Company (f/k/a Anker West Virginia Mining Company,
Inc.). We have committed our full cooperation with the investigation by federal
and state mine regulatory authorities to determine the true cause of the
explosion.
Based on currently available information, management believes that the
temporary closure of the Sago Mine is not expected to have any material
negative effect on ICG's financial condition or operations. Through November
30, 2005, operations at the Sago Mine accounted for 2.3% of our consolidated
revenues. Production for the Sago Mine for 2004 was 396,757 tons and for 2005
was 507,775 tons. In the State of West Virginia, each employer is required to
maintain worker's compensation insurance for each employee employed in the
state. ICG participates in the West Virginia workers compensation system
through a private insurer. In addition, ICG has excess liability insurance
coverage to address potential damage claims outside the scope of the workers
compensation program.
On January 23, 2006, Bennett K. Hatfield, our President and Chief Executive
Officer, testified before the United States Senate Committee on Appropriations -
Subcommittee on Labor, Health and Human Services, Education and Related Agencies
at the Hearing on Sago Mine Disaster and Overview of Mine Safety. Mr. Hatfield's
testimony discussed the explosion at the Sago Mine, the ensuing rescue efforts,
and the on-going federal and state investigations by the Mine Safety and Health
Administration (MSHA) and the State of West Virginia into the cause of the Sago
Mine explosion. The full text of Mr. Hatfield's written statement to the
subcommittee is furnished as Exhibit 99.1 to this Report.
The information in this Item 7.01 and Item 9.01(b) is being furnished and
will not be deemed "filed" for the purposes of Section 18 of the Securities
Exchange Act of 1934 (the "Exchange Act"), or otherwise subject to the
liabilities of that Section.
Such information shall not be incorporated by reference into any
registration statement or other document pursuant to the Securities Act of 1933
or the Exchange Act, except as may be expressly set forth by specific reference
in any such filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements.
None.
(b) Exhibits.
99.1 Written Statement of Bennett K. Hatfield before the United States
Senate Committee on Appropriations - Subcommittee on Labor, Health and
Human Services, Education and Related Agencies, dated January 23,
2006.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
INTERNATIONAL COAL GROUP, INC.
By: /s/ Bennett K. Hatfield
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Name: Bennett K. Hatfield
Title: Chief Executive Officer and President
Date: January 26, 2006
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