Arch Coal announced that it was the successful bidder for a federal coal lease known as the South Hilight tract in the southern Powder River Basin. Arch bid $1.35 per ton for the 1,977 acre tract, which contains an estimated 222M tons of minable coal reserves in Campbell County, WY.
European stocks rose for a third consecutive session early on Monday and the euro bounced off two-year lows, as …
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