The coal industry's dramatic downturn has raised questions about the ability of companies to follow through with promises to return land and water to pre-mining conditions.
Wyoming struck a deal with bankrupt miner Arch Coal, hoping to secure $17 million in collateral and $75 million in creditor priority on the company’s $485 million reclamation bonding obligation.
Congress has recently acted to send a big pile of money from the Abandoned Mine Land fund to Wyoming. Now we have to think about actually using this money for the purpose for which it is collected.
Wendy Lowe of the Wyoming Coal Information Committee responds to a column by Bob LeResche regarding coal mine reclamation.
Wyoming regulators ask Alpha Natural Resources Inc. to prove it can pay for coal mining reclamation if the company has financial trouble.