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Tag Archives: signal peak energy

Lawsuit seeks to void Montana coal lease

BILLINGS, Mont. (AP) — A federal judge has denied a conservation group’s attempt to void a 61-million-ton coal lease that was sold to a central Montana mine. U.S. District Judge Susan Watters said Thursday that the U.S. Bureau of Land Management adequately considered the environmental impacts of mining and decided they would be minor. The lease in Musselshell County was ...

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Owner of Central Montana coal mine says it’s worth nothing

BILLINGS, Mont. (AP) — A central Montana coal mine that’s seen layoffs, production cuts and permitting troubles faces more uncertainty after one of its co-owners reported taking a $362 million writedown on the 240-worker operation. Ohio-based utility FirstEnergy in 2015 reduced to zero the value of its stake in Signal Peak Energy’s Bull Mountain Mine, according to a transcript of ...

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APNewsBreak: Deal averts Montana coal mine shutdown

BILLINGS, Mont. — A central Montana coal mine reached an agreement Monday with environmentalists and state regulators that is intended to avoid a major shutdown as a declining coal market leaves the future of some mining companies in doubt. The deal comes after a state review panel rejected an expansion permit granted to the Bull Mountain Mine in 2013, threatening ...

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