Tag Archives: Arch Coal

Arch Coal suspends plans for Otter Creek strip mine

Strip mines are pretty nasty and this was going to be a very big one . . .

Arch Coal suspended its application for a major mine in southeastern Montana on Thursday, two months after the mining giant filed for bankruptcy protection and amid broader struggles for the coal industry that have reversed its once-bright prospects in the state.

The St. Louis-based company cited a weak coal market, a shortage of capital and an uncertain permitting outlook in announcing it was suspending the proposed Otter Creek mine.

The move marks a major blow to longstanding efforts to expand mining in the Powder River Basin along the Montana-Wyoming border, the nation’s largest coal-producing region. Arch had invested at least $159 million to acquire coal leases in the area.

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