Arch Coal

Peabody Energy and Arch Coal announced today that some 465 coal mine workers in the Powder River Basin are being laid off.

Peabody's Powder River Basin operations employ about 1,500 workers, leaving about 1,150 employed at the North Antelope Rochelle Mine after the announced reductions.

$75 million in place of Arch Coal's $486 million in bonding obligations in the state while the company goes through bankruptcy.

Arch Coal, Inc. (“Arch” or the “company”) (NYSE: ACI) has announced that it has reached an agreement with a majority of the lenders under its $1.9 billion first lien financing facility to significantly restructure the company’s debt load.

The Arch Coal Foundation kicked off its Teacher Achievement Awards Program Monday in Wyoming, according to Greg Schaefer, Arch Coal, Inc. vice president of external affairs, western region.

Arch Coal executives say coal prices will determine when the company's idled equipment will be brought back into production. The roads to many popular Yellowstone destinations will close on Monday November 4th.

The average sales price for PRB coal declined 30 cents per ton in the third quarter this year from the second quarter.

A spokesman for the Sweetwater County Sheriff's Department is warning people about a telephone scam designed to get bank account and credit card information. The chief executive of St. Louis based Arch coal says he expected to see the demand for U.S. coal--and specifically Powder River Basin coal from Wyoming--to continue to increase. Click past jump to listen to Wyoming Radio News.