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Tag: Navajo Transitional Energy Co.

Coal Mines’ Owner Says Deal in Place to Pay Back Taxes

Coal Mines’ Owner Says Deal in Place to Pay Back Taxes

CASPER, WYO. (AP) — A Navajo Nation company says it has an agreement to pay outstanding taxes and royalties on three large coal mines that it bought last year in Wyoming and Montana. The Navajo Transitional Energy Company said Tuesday that it made its first payment in December under an installment agreement with the […]

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Navajo leader: Tribe won’t financially back energy company

Navajo leader: Tribe won’t financially back energy company

FLAGSTAFF, Ariz. (AP) — The Navajo Nation president says the tribe will not financially back the bonds a tribal energy company needs for a trio of newly acquired coal mines off the reservation. The Navajo Transitional Energy Co. recently bought Montana’s largest coal mine and two others in Wyoming at […]

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Navajo company keeps 1,200 workers after buying 3 coal mines

Navajo company keeps 1,200 workers after buying 3 coal mines

BILLINGS, Mont. (AP) — A Navajo Nation company says it will retain 1,200 employees at three coal mines in Wyoming and Montana that it bought through a bankruptcy auction. The announcement Thursday came a day after a federal judge gave final approval for the transfer of the mines from bankrupt […]

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