CHARLESTON, W.Va. (WOAY) – Contura Energy made a bid of $33.75 million for the assets of three Blackjewel mines in Wyoming and West Virginia.
The bid is an increase from the company’s original offer of $20 million for two mines in Wyoming and Pax Surface Mine in Scarbro. The mines have been closed since Blackjewel filed for bankruptcy protection July 1.
The results are subject to a federal bankruptcy judge’s approval Monday in Charleston.
It is unclear if the mines will reopen and allow hundreds to go back to work, should a judge approve of the results.