ORIGINALLY opened in the 1860s and last worked 10 years ago, the Stansbury Mine in Wyoming is about to get a new lease on life courtesy of New Stansbury Coal Company.
Stansbury managing director Randall Peterson told Associated Press his company had just completed the purchase from Rock Springs Royalty Co, a subsidiary of Anadarko Petroleum Corp.
The acquisition includes the mine assets, a coal lease, a surface-use license, mining permits and all other necessary coal-mining permits.
Stansbury said the mine will be re-named Little Patriot Mine and has a projected life span of more than 20 years. The high-Btu coal will be marketed domestically.
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