Friday, January 3, 2025
Wyoming coal mines close

Sign of the Times: Coal Giant Cloud Peak Files for Chapter 11

From the Casper Star Tribune Cloud Peak Energy, the coal giant that operates two Wyoming mines, filed for bankruptcy Friday amid mounting debt and declining demand. The filing follows months of troubling signs for the Powder River Basin operator, which for a time avoided the economic difficulties of its competitors but had of late experienced growing financial challenges as the market