RICHMOND, VA (WWBT) - Virginia-based Massey Energy is now offering millions of dollars to the families of the 29 miners killed last year in West Virginia.
Massey is offering $3 million to each family to settle any pending lawsuits against the company, a total of $87 million.
29 miners were killed on April 5, 2010, in an explosion at the upper big branch mine in West Virginia.
According to reports, Massey Energy has set a deadline of June 1 for families to accept the offers.
The deadline comes weeks before the Mine Safety and Health Administration is planning to issue its preliminary report into what caused the explosion, which remains the target of both civil and criminal investigations.
It's considered the worst U.S. coal mining accident in nearly forty years.