Officials with Peabody Energy say that they expect mine operations to continue as usual in the wake of bankruptcy filings, the Associated Press reported yesterday. Peabody's Director of Colorado Government Relations Mike Blank wrote in an email to State Rep. Diane Mitsch Bush that the bankruptcy proceedings will not affect operations in northwest Colorado, including at the Twentymile Coal Company, which employs about 300 people. Peabody officials say that employees will continue to receive their normal benefits and salaries and that all of the companies American mining operations are cash-flow positive. Peabody Energy Corp., based in St. Louis, filed for chapter 11 bankruptcy protection on Wednesday in the U.S. Bankruptcy Court for the Eastern District of Missouri.
