A bankruptcy judge has approved the sale of three James River Coal Co. mining complexes to a subsidiary of Kentucky-based Blackhawk Mining LLC, The Associated Press reported yesterday. The sale includes the Hampden complex in West Virginia, the Hazard complex in Kentucky but excludes the assets of Laurel Mountain Resources LLC and the Triad Mining complex in Indiana. Blackhawk subsidiary JR Acquisition LLC will pay $20 million in cash and assume $32 million in liabilities. Richmond, Va.-based James River filed for chapter 11 in April.
