Arch Coal's Black Thunder operating all of its draglines

摘要

Arch Coal is operating all of its draglines at the Black Thunder mine in northeast Wyoming, even as some of its truck-and-shovel equipment remains idle, according to a company spokeswoman. The St. Louis-based coal producer told analysts last week that it would remain “patient” with its contract commitments for 2011 and 2012, even as the September forward curve for 8,800 Btu/lb Powder River Basin coal has hovered around the 15 dollars /short ton mark in recent weeks.