Business Development Press Releases
July 2, 2012
GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD), one of the largest U.S. coal producers, today announced that it has acquired the Youngs Creek Mining Company, LLC (Youngs Creek) joint venture and other related coal and surface assets from Chevron U.S.A. Inc. (Chevron) and CONSOL Energy Inc. (CONSOL) for $300 million. Of this purchase price, $195 million is allocated to the lease of approximately 450 million tons of in-place coal andmore...
June 14, 2011
GILLETTE, Wyo.--(BUSINESS WIRE)--Cloud Peak Energy Inc. (NYSE:CLD), today announced it has agreed with Westshore Terminals Limited Partnership (“Westshore”) on terms for the shipment of coal through the Westshore Terminal in Vancouver BC for a period of ten years, which will commence in 2013 when the current contract ends. A definitive agreement embodying these terms will be concluded by the parties. The commercial terms are confidential.more...