Arch to buy Triton Coal for US$364 million
Arch Coal (AC-N), the second-largest coal producer in the U.S., has signed an agreement to buy Vulcan Coal Holdings, which owns all of the equity of Triton Coal Company, for $364 million in cash.Trito…
Black Thunder Complex
COAL, URANIUM & OIL SANDS — Arch sells portion of reserves
St. Louis-based Arch Coal (ACI-N) has sold a portion of its coal reserves at the Black Thunder mine near Gillette, Wyo., to its neighbour, Kennecott Energy.Kennecott, a subsidiary of Rio Tinto (RTP-N)…