Murray adds 100M tons to Illinois' coal holdings

The Washington Post: ST. LOUIS — A leading U.S. coal company is adding roughly 100 million more tons of reserves and other resources to its southern Illinois portfolio, broadening its operations months after decrying federal regulation of the industry.

Ohio-based Murray Energy Corp. said Tuesday its purchases in Hamilton and Saline counties from Pennsylvania-based rival Consol Energy Inc. are strategically adjacent to the New Era mine operated by a Murray subsidiary, bringing its coal reserves nationwide to roughly three billion tons.

Read article