Peabody Emerges from Bankruptcy, Cuts $5 Billion in Debt

(Casper Star Tribune, April 4) – Peabody Energy emerged from bankruptcy Monday, leaving behind $5 billion in debt and providing $1.26 billion in surety bonds to replace its unsecured cleanup costs. The St. Louis-based firm is the last of the large coal companies operating in Wyoming to exit Chapter 11 since a downturn in the […]

‘Too Valuable to Burn’: Ramaco to Turn Coal from Wyo. Mine into Car, Plane Parts

SNL, Taylor Kuykendall, 2/23/2017 Ramaco Carbon LLC is aiming to “fundamentally diversify the future of the coal industry” with a “coal to cars” mine, research center and industrial park. The facility is a partnership of the Ramaco Resources Inc. affiliate as well as national research teams from the Massachusetts Institute of Technology, Grossman Group for […]

PRB Producers Will Gain from Expected Lifting of Coal Lease Ban, Analysts Say

SNL, Joshua Learn, 2/24/2017 Coal producers in the Powder River Basin will benefit if the Trump administration, as expected, lifts the federal coal lease moratorium, according to analysts. “We view the move as positive for PRB names in the long term because it alleviates future constraints and [stanches] what would likely have been an effort […]

An Old Sheridan Coal Mine Shows Signs of Life

(Casper Star Tribune, February 14) – Sheridan County hasn’t experienced active coal mining since the last coal operation ceased in the 1980s, though it was once a booming coal community peppered with company towns. That may soon change. Cloud Peak Energy, which operates the Antelope and Cordero Rojo mines in Campbell County, recently applied for […]

Company That Cleans Coal Before Combustion Says it Can Add Value to PRB Product

(SNL, February 14) – Executives of a new clean coal technology company are boasting the ability to remove some of the polluting components of coal while sealing it for stabilized transportation. Clean Coal Technologies Inc., a Florida-listed company, is looking to move a successful pilot plant from Oklahoma and sell licenses to use its technology, […]

“It Feels Good to be Back:” Arch Finished 2016 with $33.4 Million Gain

(Casper Star Tribune, February 8) – It’s been a turnaround year for Arch Coal. After filing for bankruptcy in January 2016 with more than $5 billion in debt, the firm that operates the Black Thunder mine outside of Wright bled dollars throughout its Chapter 11 proceedings. It emerged nine months later, just as winter demand […]

Obama Official Who Led Stream Rule: Congress Waging ‘War Against Coal Country’

SNL, Taylor Kuykendall, 2/2/2017 Former U.S. Office of Surface Mining Reclamation and Enforcement Director Joseph Pizarchik saw one of his agency’s most controversial regulations across the finish line only weeks ago. Now, Congress is sprinting to get it off the books. “The rule is good for coal country,” Pizarchik said of the Stream Protection Rule. […]

Kentucky Miner Ramaco Resources Files for IPO

(Financial Times, January 30) – Coal at Christmas is typically a bad omen. Private-equity backed Ramaco Resources has nonetheless handed investors one final stocking filler. The Kentucky-based owner of four coal mines with no operating history fired the starting gun on an initial public offering this week, filing paperwork with US securities regulators in what […]

Cloud Peak Energy Mine Receives Wildlife Stewardship Award for Eagle Protection from Wyoming Game and Fish Department

(Business Wire, January 20) – Cloud Peak Energy Inc. announced its Antelope Mine received the Wyoming Game and Fish Department’s Industry Reclamation Wildlife Stewardship Award.  The mine, located in Northeastern Wyoming, was recognized for its successful efforts to promote population numbers of Golden Eagles and other raptors through habitat enhancement and use of effective protection […]

Cloud Peak Energy Donates to Senior Center Program

(Sheridan Media.Com, January 11) – The Sheridan Senior Center’s Help at Home program got a $15,000 boost from Cloud Peak Energy Wednesday. Dave Schwend, general manager of the company’s Spring Creek Coal Mine, presented the check to Senior Center representatives in a brief program in the center’s dining room in Sheridan. He said the company, […]