Usibelli Secures 12,400 Acres of Coal Leases.

• Position: Brief Article

Usibelli Coal Mine was the successful bidder for state coal leases known as the jumbo Dome lease sale and has added 12,400 acres of state leases to its land holdings.

"We have a high level of confidence that there are excellent coal resources in the jumbo Dome lease area," said Joe Usibelli, Jr., president of UCM. "We expect that the expansion of our coal reserves will assist in the reduction of mining costs during...