Westmoreland Board Approves Purchase Agreement for San Juan Mine

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Westmoreland Coal (WLB) Receives Board Approval for San Juan Mine Deal

June 23, 2015 7:15 AM EDT

Westmoreland Coal (Nasdaq: WLB) announced that its Board of Directors has taken all steps necessary to enter into the Purchase and Sale Agreement for the purchase of the San Juan Mine in Farmington, New Mexico from BHP Billiton (NYSE: BHP) and enter into a new long-term coal supply agreement... More