Group questions Peabody Energy’s coal mine self-bonding

(AP Photo/Nati Harnik, File)

CHEYENNE, Wyo. (AP) – An environmental group is formally questioning Peabody Energy’s ability to fully bond its coal mines in Wyoming and elsewhere in the Rocky Mountain region.

WildEarth Guardians filed a complaint Tuesday with the federal Office of Surface Mining Reclamation and Enforcement.

The group says St. Louis-based Peabody no longer should qualify for self-bonding in Wyoming, Colorado and New Mexico. Bonding helps ensure funding is in place to reclaim mines that close.

Self-bonding allows companies to avoid posting conventional bond in exchange for showing they have sufficient resources to pay for all potential mine reclamation.

Peabody has almost $900 million in self-bonding obligations in Wyoming. A Peabody spokeswoman says states reaffirmed self-bonding last year for all of the company’s self-bonded mines.

An OSMRE spokesman says the federal agency is reviewing the complaint.

KRQE.com provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Users who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s