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Tag Archives: Alpha Natural Resources

Federal funds to aid layoff-hit Appalachian coal communities

CHARLESTON, W.Va. (AP) — Appalachian coal communities hit hard by layoffs will get $45 million in federal funding to help them diversify their economies, create new jobs and retrain workers. The Appalachian Regional Commission, the White House and the U.S. Department of Commerce announced Thursday that it’s part of a $65.8 million grant package through the Obama administration’s Partnership for ...

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Amid coal market struggles, less fuel worth mining in US

Amid coal market struggles, less fuel worth mining in US

BILLINGS, Mont. (AP) — Vast coal seams dozens of feet thick that lie beneath the rolling hills of the Northern Plains once appeared almost limitless, fueling boasts that domestic reserves were sufficient to power the U.S. for centuries. But an exhaustive government analysis says that at current prices and mining rates the country’s largest coal reserves, located along the Montana-Wyoming ...

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Group questions Peabody Energy’s coal mine self-bonding

CHEYENNE, Wyo. (AP) — An environmental group is formally questioning Peabody Energy’s ability to fully bond its coal mines in Wyoming and elsewhere in the Rocky Mountain region, saying the St. Louis-based company has insufficient funding to qualify for self-bonding. Bonding helps ensure funding is in place to fill in mines that close and restore them to a natural state. ...

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Wyoming, Arch Coal reach bankruptcy bonding deal

CHEYENNE, Wyo. (AP) — Wyoming regulators have reached a deal with Arch Coal to accept up to $75 million in place of the company’s $486 million in bonding obligations in the state while the company goes through Chapter 11 bankruptcy. Among Arch’s two active mines in Wyoming is Black Thunder, one of the world’s largest coal complexes. Bonding helps ensure ...

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Alpha Natural Resources laying off nearly 900 at West Virginia mines

CHARLESTON, W.Va. — Bankrupt coal producer Alpha Natural Resources announced Monday it plans to lay off 831 miners and dozens more support staff at eight underground mines and two processing plants in southern West Virginia as a result of the industry’s downturn. Bristol, Virginia-based Alpha said it has sent 60-day layoff warning notices to Boone and Raleigh counties. The announcement ...

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Feds query Wyoming regulators about coal mine bond decisions

CHEYENNE, Wyo. — Federal regulators have told Wyoming to provide more justification for allowing less than full bonding for four coal mines while the mine owners go through bankruptcy reorganization. Bonding for the mines owned by Arch Coal and Alpha Natural Resources is insufficient under the Surface Mining Control and Reclamation Act, groups including the Powder River Basin Resource Council ...

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