New company enters possible deal for idle Wyoming coal mines
(WorldNews Business)

GILLETTE, Wyo. (AP) - Another buyer has entered a potential bankruptcy deal that could allow two idle Wyoming mines to reopen but would in effect pay the coal company to do so. Bristol, Tennessee-based Contura Energy said Wednesday it reached a tentative deal to pay Jasper, Alabama-based FM Coal $90 million to take the Eagle Butte and Belle Ayr mines. Contura also would pay Campbell County $13.5 million for unpaid local taxes. In exchange, FM Coal subsidiary...