Home / Tag Archives: Arch Coal

Tag Archives: Arch Coal

Federal board dismisses Montana coal railroad application

BILLINGS, Mont. (AP) — A federal transportation panel has dismissed a proposal for a $400 million railroad that would have hauled coal from a mine near the Montana-Wyoming border. Tuesday’s action by the Surface Transportation Board comes five months after the backers of the Tongue River Railroad suspended their application for the 42-mile line. The board also turned down a ...

Read More »

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 ...

Read More »

Arch Coal suspends plans for major new mine in Montana

BILLINGS, Mont. (AP) — Arch Coal is suspending its plans to develop a major coal mine in southeastern Montana two months after the industry giant filed for bankruptcy protection. The St. Louis-based company on Thursday cited a weak coal market and an uncertain permitting outlook in announcing it was suspending its application for the proposed Otter Creek mine. Otter Creek ...

Read More »

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 ...

Read More »

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 ...

Read More »

Arch Coal files for Chapter 11 bankruptcy protection

NEW YORK — Arch Coal, which has been hurt by the weakening demand for coal, filed for Chapter 11 bankruptcy protection Monday. The coal industry is struggling as electric power companies shift to using natural gas, which costs less than coal and produces less pollution. Other coal companies have filed for bankruptcy protection recently, including Alpha Natural Resources Inc. and ...

Read More »

Power plant closures quench demand for Pennsylvania’s coal

More than 100 coal-fired power plants nationwide either plan to shut down or already closed their doors in 2014, as the market responds to stricter environmental regulations, cheap natural gas and lackluster electricity demand growth, according to a survey done by the Energy Information Administration. Behind all those closures sit coal mines — many of them in Appalachia — coping ...

Read More »