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Two Wyoming coal mines close, send 700 workers home after bankruptcy filing

July 2, 2019 /

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Wyoming coal

Two coal mines in Wyoming closed and sent 700 workers home Monday afternoon after their owner filed for bankruptcy, the latest blow to a region that has been battered by an economic downturn in the fossil fuel sector.

Blackjewel LLC, which operates Eagle Butte and Belle Ayr mines near Gillette, sent the workers home after a bank denied the company $20 million in financing to continue operations during bankruptcy proceedings, CEO Jeffery Hoops said.

 


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