Fate of Blackjewel Mines Rest on Bidding Process

Fate of Blackjewel Mines Rest on Bidding Process A federal judge on Friday approved a bidding process for mines owned by bankrupt coal operator Blackjewel LLC. U.S. Bankruptcy Judge Frank Volk in Charleston agreed with a motion by Blackjewel on a proposal made by Bristol, Tennessee-based Contura Energy. Contura has offered $20.6 million as…