Coal companies announced an agreement Thursday to consolidate ownership of a Montana mine in a deal aimed at boosting exports of the fuel to Asia through ports on the U.S. West Coast.
DECKER — The 300-foot dragline juts into southern Montana skyline like an industrial tower, a titan among giant equipment at Cloud Peak Energy’s Spring Creek Mine.
GILLETTE, Wyo. — One of the largest coal mines in the U.S. is about to ship its billionth ton of coal.
CASPER, Wyo. — A board comprised of local and federal officials gave a coal lease in southern Montana its seal of approval Wednesday, meaning the lease will soon undergo a public review process.
DECKER — As machine operators and managers went about their business on a recent April day, a melancholy air hung around the offices of Spring Creek Coal Mine just north of Sheridan, Wyo.
CASPER — Gillette-based Cloud Peak Energy Inc. signed a deal to ship up to 16 million metric tons of coal a year through the Gateway Pacific Terminal at Cherry Point in Bellingham, Wash., the two companies announced Wednesday.
Wyoming mines produced about 9 percent less coal in 2012, according to preliminary numbers released by the U.S. Energy Information Administration.
With dozens of workers set to be laid off early next year, a southeastern Montana coal mine faces an uncertain future as an internal ownership dispute and the impending loss of a key customer leaves roughly 90 more jobs hanging in the balance.
A Wyoming mining company has reached tentative option agreements to lease and mine an estimated 1.4 billion tons of coal on southeastern Montana's Crow Indian Reservation, in a deal that appears aimed at tapping into the growing export market for a fuel that's in decline domestically.
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