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Exhibit 12.1
 
INTERNATIONAL COAL GROUP, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS)

   
December 31,
  
   
2010
    
2009
    
2008(1)
  
  
2007(1)
    
2006(1)
  
Earnings:
                        
  
              
Pretax income
   $
26,364
     $
29,256
     $
(49,897
)
   $
(233,855
)
   $
(18,277
)
Fixed charges
    
44,084
      
54,752
      
52,147
      
45,365
      
21,417
  
Amortization of capitalized interest
    
506
      
445
      
255
      
32
      
—  
  
Capitalized interest
    
(2,626
)
    
(325
)
    
(5,946
)
    
(5,057
)
    
(990
)
Total earnings
   $
68,328
     $
84,128
     $
(3,441
)
   $
(193,515
)
   $
2,150
  
                                         
Fixed charges:
                                        
Interest expense
   $
36,265
     $
47,724
     $
46,737
     $
35,923
     $
17,303
  
Amortized premiums, discounts and capitalized expenses related to indebtedness
    
7,798
      
7,001
      
5,367
      
9,140
      
3,418
  
Estimated interest expense within rental expense
    
21
      
27
      
43
      
302
      
696
  
Total fixed charges
   $
44,084
     $
54,752
     $
52,147
     $
45,365
     $
21,417
  
                                         
Ratio of earnings to fixed charges
    
1.55
      
1.54
      
—  
      
—  
      
0.10
  


(1)
The amount of additional earnings needed to obtain a ratio of earnings to fixed charges of 1x was approximately $55.6 million, $238.9 million and $19.3 million for the years ended December 31, 2008, 2007 and 2006, respectively.