Cloud Peak Energy Responds To Mining Moratorium

This weekend, Cloud Peak's CEO Colin Marshall spoke with FOX news about the Department of the Interior's announcement Friday that granting leases for coal mining on new federal lands would come to a halt pending investigations by the EPA. “We are disappointed that after a robust set of ‘listening sessions’ on the coal leasing program last summer in which thousands of people across the West, from working class Americans to governors, very clearly explained how important the coal leasing program is to their well-being,” Marshall said. The stoppage on new mines will directly affect the Powder Basin area, as Cloud Peak was hoping to work two new sites here. Cloud Peak has already stockpiled billions of tons of coal at existing sites. "We do not believe this announcement will have any immediate impact on our operations," said Marshall. "We have strong reserves, including the Youngs Creek and Big Metal projects which are not impacted by [Friday]’s announcement, to continue serving our customers.” #county17 #news #bootstrapped *Feature photo provided by Wyoming Mining Association.* -- *Brenda Kirk* Community Maven for | 614.940.7121 Twitter | Instagram | Facebook PitchEngine™ | *Connecting Communities* | Twitter | Facebook