BLM report: Improve antiquated coal fees and oversight

The Bureau of Land Management should not only require a better return on coal leases for U.S. taxpayers but also work harder to balance coal production against the growing threat of climate change, according to a new Department of the Interior report.

On Wednesday, the BLM released an exhaustive report on the federal coal program, which applies to the 570 million acres of coal mineral estate owned by the federal government. In short, it calls for both government and industry to use better business practices, both financial and technical, than those that were available or allowed more than 30 years ago.

Read More

Mining company, BNSF put Tongue River Railroad on hold

A few weeks after Arch Coal indicated that it might declare bankruptcy, a subsidiary transportation company has asked that the permitting of the Tongue River Railroad be suspended.

On Tuesday, the Tongue River Railroad Company asked the U.S. Surface Transportation Board to suspend the permitting process for a rail spur that would allow Arch Coal to ship coal from the proposed Otter Mine to Colstrip and points west, according to a company release.

Read More