Murray adds 100 million t to coal holdings
Murray Energy claims to have added 100 million t of coal reserves and resources to southern Illinois portfolio.
The company said it bought these assets in Hamilton and Saline counties from Consol Energy of Pennsylvania. However, specific terms of the deal have not been disclosed.
Murray says the acquired property and rights are adjacent to a mine operated by subsidiary American Coal Co.
Murray says the deal increases its coal reserves to 3 billion t. The company has a dozen mines in Illinois and five other states.
Edited from various sources by Sam Dodson
Read the article online at: https://www.worldcoal.com/coal/30102014/murray-energy-increase-coal-reserves-1509/
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