CASPER, Wyo. (AP) – A federal bankruptcy judge in West Virginia has approved a new plan to sell two Wyoming coal mines.
Under the deal approved Wednesday, Milton, West Virginia-based Blackjewel would sell the Eagle Butte and Belle Ayr mines to Eagle Specialty Materials, a subsidiary of Jasper, Alabama-based FM Coal.
Blackjewel halted almost all Wyoming operations and furloughed hundreds of employees when it filed for bankruptcy July 1. The sale could allow the mines to reopen.