Antelope Coal wins BLM lease sale

CHEYENNE, Wyo. – A Gillette company has won the rights to mine coal on nearly 3,000 acres in northern Wyoming with a bid of nearly $300 million.

The U.S. Bureau of Land Management says Antelope Coal of Gillette submitted the high bid of $297.7 million for the West Antelope II North Coal Tract. The bid amounts to 85 cents per ton for the estimated 350 million tons of mineable coal the parcel holds.

BLM says the tract is north of the Campbell/Converse county line, adjacent to the western and northern lease boundary of the existing Antelope Mine.