Cumberland Mine owner in negotiations with potential purchaser

Contura Energy Corp. said Monday that it was in active negotiations with a potential purchaser of the Cumberland Mine, which earlier this year it said it would either sell off or close by 2023.

Contura (NYSE: CTRA) gave few other details.

“No definitive agreement has been reached at this time, and there can be no assurances that any transaction will result from these negotiations or as to the terms, timing or approval of any such transaction that may be proposed,” Contura said in its third-quarter…

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