Land Board leases 12M tons of coal to Roundup mine

Published September 17, 2012 8:06pm ET



BILLINGS, Mont. (AP) — The Montana Land Board leased 12 million tons of state-owned coal to a mine near Roundup on Monday, despite concerns about its worker safety record and potential environmental impacts.

The five-member land board voted unanimously to accept a $3.6 million upfront bid for the coal from Signal Peak Energy. The owner of the Bull Mountain Mine offered the sole bid on the 640-acre tract.

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