As the coal industry struggles with falling prices, weak Chinese demand, regulatory changes and competition from fracking, St. Louis-based Peabody has filed for Chapter 11 bankruptcy protection.
- The U.S. Department of the Interior has announced next steps in its sweeping review of the federal coal leasing program.Read more
- This week's cuts come after a year of furloughs for railroad workers.Read more
- The bill would make $2 million available every year to rural towns or counties that see sudden economic shocks.Read more
- Forest Service officials too support mining in the area because it says North Fork Valley coal is among the cleanest available. That's despite the possibility for millions of dollars in damage.Read more
The five Colorado mines include Colowyo, Bowie No. 2, Foidel Creek, Deserado and West Elk.
Will the the bottom drop out for coal in 2016, or will the slow decline continue?
Arch Coal said it expects mining operations and customer shipments to continue uninterrupted.