New coal mining operation predicted to bring 200+ jobs to Sherid - KOTA Territory News

New coal mining operation predicted to bring 200+ jobs to Sheridan

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All eyes are on Sheridan as landowners lease their property for a new high-wall coal mining operation. It's expected to bring in more than 200 jobs to northeastern Wyoming.

The Brook Mine will be on 14,500 acres of private and state land in Wyoming's Powder River Basin where it will extract eight million tons of coal a year.

Landowners and the City of Sheridan are excited about the positive impact the mine will have on the community.

"My land is approximately 3,000 acres. They're leasing about 1,700 acres, well 1,100 acres," said Larry Taylor, one of the many landowners leasing property to Ramaco. "They leased it about a year and a half ago."

Ramaco has been in the process of designing the mine plan and permitting, and they've even done some exploration drilling to check out the coal seams.

"Not extensive drilling but enough to know that there is coal here and good coal," said Taylor.

Ramaco knows that Wyoming is one of country's leaders in mining and wanted to be a part of the coal market, but before they can start operating, they need to handle some business.

"We are at the point of filing our permits sometime after this summer and we hope to get that permit in roughly a year and begin sometime in 2016," said Ramaco CEO, Randall Atkins.

And they have projected how much coal they will need to extract.

"Our plan now calls for mining roughly 100 million tons of coal which will be done over approximately 20 years," said Atkins.

Not only is the Brook Mine expected to bring jobs to Sheridan County but revenue into the entire state.

"The realtors are anxious, business opportunities, it's good for everyone," said John Heath, City Council President.

In the meantime, Taylor is looking forward to some of the benefits.

"I'm hoping I can sell some of my scorrio for the roads and everything, their infrastructure and hopefully some royalties on the coal," said Taylor.

Ramaco hopes to develop a marketing plan that will involve sales to both United States utilities and possibly exporting overseas to Asia.
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