Wyoming http://news.stlpublicradio.org en Arch Coal secures $300M Wyo. coal lease http://news.stlpublicradio.org/post/arch-coal-secures-300m-wyo-coal-lease <p>A subsidiary of St. Louis-based Arch Coal has submitted a successful bid of just over $300 million for the right to mine more than 200 million tons of coal in northeast Wyoming.</p><p>The U.S. Bureau of Land Management announced the sale Wednesday, saying the bid by Ark Land Company met or exceeded fair market value for the coal.</p><p>The 222 million tons of coal sits beneath more than three square miles of land next to the lease boundary of the Black Thunder Mine in the Powder River Basin.</p> Thu, 15 Dec 2011 17:53:22 +0000 The Associated Press 2687 at http://news.stlpublicradio.org Arch Coal secures $300M Wyo. coal lease