Register | Forgot Your Password? | Close

FARMINGTON, N.M. -- The Navajo Nation is digging deeper into the likely costs and benefits of purchasing a coal mine from the Australian-based mining company of BHP Billiton.

The tribal announced in December it wants to buy the Navajo Mine, the sole provider of coal to the Four Corners Power Plant near Farmington.

The mine is also near Farmington. It has a work force of over 400 jobs that is mostly Navajo.

The tribe paid several firms $750,000 for a report on some basic questions regarding the mine, but now the tribe is considering commissioning a $2.3 million study.

The Daily Times is reports that the new study would help the tribe determine how much profit it could make from the mine and what amount of spending would be required.

Associated Press,

share this story:
Attention KTAR.com Comment Users: We have recently changed our comments boards.
We would like you to be part of the conversation and The Voice of Arizona by logging in with your Facebook, Twitter, Google+ or Disqus account. Existing KTAR (Arizona Sports) account members will need to create a Disqus account or use one of the aforementioned social media logins. Thank you.
comments powered by Disqus

World Class Arizona

  • Dignity Health

    World Class People. World Class Company. Excellent care, delivered with compassion, for all in need.
  • CopperPoint Mutual Insurance Company

    SCF Arizona has a new name. They are now CopperPoint Mutual Insurance Company.
  • Taylor Morrison

    World Class People. World Class Company. We are a national home builder committed to building homes inspired by you.
  • Go Daddy

    World Class People. World Class Company. Go Daddy is a Fortune 100 "Best Companies to Work For."
  • Avnet

    World Class People. World Class Company. Here's information on a Fortune 500 company from Arizona.

Voice For A Better Arizona

  • Working For Arizona

    The business and economics of Arizona at the start of 2014 and looking forward.
  • Arizonans In Need

    Putting a focus on charities and organizations who provide help and/or need your help to fulfill their missions.
close

Share: