Second potential buyer emerges for Contura mines
September 26, 2019
GILLETTE — In a span of less than 36 hours, hundreds of former Wyoming Blackjewel LLC coal miners have gone from wondering if the Eagle Butte and Belle Ayr mines would ever reopen to wondering who they may be working for when they reopen.
Two companies have made offers to buy the mines after six weeks of near silence of what appeared to be stalled negotiations between the federal government and Contura Energy Inc., which bought the mines as the only bidder at Blackjewel’s bankruptcy auction.
Contura announced Wednesday it has an agreement with FM Coal that would pay the Alabama-based co...