Exhibit 99.2
Production Overview
Chris Adkins
Senior Vice President and Chief Operating Officer September 27, 2005
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History 101
Which United States President was a “Mining Engineer”
Herbert Clark Hoover 31st President 1929-1933
Translated De Re Metallica From Latin
Stock Market Crash
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“Chaos” Cannot Interfere with your Daily Production Routine
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Why Massey?
Experienced Management Team 2.3 Billion Tons of Reserve New Properties with Higher CTPF Utilize a Broad Spectrum of Low Cost Mining Methods We Enjoy Being “Miners”
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Operations in Massey
21 Operating Resource Groups 49 Miner Sections 4 Longwalls 17 Preparation Plants 16 Surface Mines 7 Highwall Miners
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Who We Are
Chris Adkins
Chief Operations Officer 21 Years of Experience
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Drexel Short
Sr. Vice President of Group Operations 27 Years of Experience
Dwayne Francisco Vice President of Underground Mining 15 Years of Experience
Mike Snelling VP of Surface Mining 24 Years of Experience
Richard Zigmond Director of Preparation 33 Years of Experience
Keith Hainer
Director of Maintenance 16 Years of Experience
Sid Young
Underground Production Manager 35 Years of Experience
171 Years of Mining Experience
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21 Operating Resource Groups
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21 Operating Resource Groups
Consist of President and Man agement Group
Many cases they share some G&A staff
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49 Miner Sections
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49 Miner Sections
Projected to produce 38% of Massey Production 19 million tons annually 27,000 feet per day 14,500 shuttle cars per day
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4 |
| Longwalls |
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4 |
| Longwalls |
Projected to produce 11% of Massey Production 5.5 Million Tons Annually Equivalent to 2 million continuous miner feet One of the safest mining methods Would require 15-20 additional miner sections and approximately 500-700 additional people
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7 |
| Highwall Miners |
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7 |
| Highwall Miners |
Projected to produce 5% of Massey Production 2.6 million tons annually Another safe mining method Set a world record on Superior Highwall Mining System Set a world record on the Addington Addcar System
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26 Surface Mines
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26 Surface Mines
Projected to produce 46% of Massey Production 22 million tons annually Mike Snelling is to follow with more detail
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17 Preparation Plants
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17 Preparation Plants
Will process 77 million raw tons in 2006 47 million clean tons to load in railroad cars Half a million railroad cars Railroad car is 52 feet long 4,924 miles of railroad cars
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Mickey Mouse’s Hand?
Law of Large Numbers
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Law of Large Numbers
Mine 27,000 feet per day. Would be a tunnel 20’ wide by 5’ tall that stretches 5.1 miles.
Total number of shuttle cars
14,500 per day 3.6 Million per year
If you do something this repetitive, you need to do it as efficiently as possible.
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Mentoring in Massey
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Mentoring in Massey
TRAINEES:
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| MARK SIMPSON |
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| MARK BOLEN |
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| JOHN COOPER |
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| BOBBY DAVIS |
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| BRIAN FORTNER |
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| CHRISTOPHER DANIEL |
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| BRIAN PETERS |
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| KEITH SMITH |
9 DARRELL K. STANLEY
MENTORS:
DAVE PETRY
RICK FOSTER
RICK FOSTER
KENNY FARMER
JASON GAUTIER
MARVIN PERDUE
WENDELL WILLS
RALPH PLUMLEY
DAVE PETRY
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Training new Electricians
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Training new Electricians
152 trainees have gone through the class
Troop has graduated 100% of his class
All have passed with 93% or higher
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Reactivation of Industrial Engineering
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Monthly Budget Meetings
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Massey Energy Expansion
(tons in millions)
New |
| Property Clean Recoverable Tons |
Horse |
| Creek 17 |
Kermit |
| 8 |
Mammoth |
| 93 |
Shonk |
| 26 |
2 |
| Gas—Delbarton 65 |
Kepler |
| 51 |
TOTAL |
| 260 Million Tons |
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Massey Energy – Operating Regions
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Horse Creek
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Horse Creek
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Mammoth Coal – Stockton Seam
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Mammoth—#2 Gas Mine
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Mammoth—#2 Gas Mine
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Mammoth—#2 Gas Mine
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Mammoth – Winifrede Mine
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Shonk Property – Peerless Seam
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#2 Gas—Delbarton
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Kepler
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Kermit Coal
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In Summary
2.3 billion tons of reserves
Opening up 260 million tons of new underground reserves Largest operator of underground mines Diverse in our mining methods Ability to cross over between steam and met markets.
Experienced management team
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Doing the Right Thing. with Energy
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