Westmoreland announces acquisition of significant coal reserve
Wednesday, Jul 04, 2012
Westmoreland Coal Company (NasdaqGM:WLB) today announced that it has leased 2,557.4 acres of private coal, representing an estimated 56.4 million tons of coal resources adjacent to its Rosebud Mine in Colstrip, Montana. Westmoreland controls an estimated 486 million tons of proven and probable coal reserves across all of its operations as of June 30, 2012.Source: Business Wire
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