Alpha Natural Resources Completes Sale Of Amfire Assets To Rosebud Mining

(RTTNews) - Metallurgical coal processor Alpha Natural Resources, Inc. (ANR) said that its subsidiary Amfire Mining Company, LLC has completed the previously announced sale of substantially all of its assets to Rosebud Mining Company.

The sale was for a total consideration of about $86 million, including $75 million in cash and the assumption of certain liabilities. The assets, which include ten mines and four preparation plants and loadouts, are located in Cambria, Centre, Clearfield, Elk, Greene, Indiana and Somerset counties, Pennsylvania.

Alpha Natural Resources said its affiliates continue to operate two mines in southwestern Pennsylvania that are not connected with the transaction, the Emerald and Cumberland mines near Waynesburg.