Posts began circulating on social media Wednesday evening that White Stallion, the company owned by former Black Beauty Coal Company owner Steve Chancellor, has shuttered operations as of 5 p.m. today.
In February, during a Daviess County Commissioners meeting, a representative of White Stallion said at that time that the company still planned to open the Captain Daviess Mine in southeastern Daviess County. White Stallion purchased Solar Sources and Vigo mines just a handful of years ago.
Employees have now been left not only without a job but also insurance according to those posts.
Check back for more updates on this developing story.