Sale of Blackjewel mines closes; some employees being called to work

Wednesday, October 23, 2019

The sale of two Powder River Basin coal mines owned by bankrupt operator Blackjewel closed Friday, leading the new owner to begin mobilizing furloughed employees after nearly four months of limited communication.

The closure of the sale comes after the takeover firm secured surety bonds required to operate the Eagle Butte and Belle Ayr mines, according to a statement released Monday morning by permit holder Contura Energy.

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