Bowie Resource Partners Announces Idling of the Bowie #2 Mine

Feb 26, 2016, 16:30 ET from Bowie Resource Partners, LLC

LOUISVILLE, Ky., Feb. 26, 2016 /PRNewswire/ -- Bowie Resource Partners, LLC ("BRP") announced today that its wholly owned subsidiary, Bowie Resources, LLC, will be idling its Bowie #2 mine near Paonia, Colorado as a result of continued market deterioration.  The mine will remain idle while the market for Bowie #2 coal is evaluated.          

The Bowie #2 mine currently employs 108 full time employees and 1 contractor.  "Some of the affected employees will be relocated where possible to fill vacancies in other parts of the business; however, layoffs are unfortunately unavoidable," said Gene E. DiClaudio, BRP's Chief Operating Officer.  It is anticipated that 68 full time positions will be eliminated.

BRP owns and operates three (3) underground coal mines in Utah and one (1) underground coal mine in Colorado and is the leading western bituminous coal producer, with 14.0 million tons of coal sales in the 2015 calendar year.  BRP's mines produce clean-burning, low-sulfur thermal coal primarily for consumption by domestic power generators in Utah.

SOURCE Bowie Resource Partners, LLC