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Article: UM Study Shows Coal will Help Montana Economy - KBZK

Dec 17th, 2012

A newly released study conducted by economists at the University of Montana shows that the state's economy could be significantly impacted by growth at its existing coal mines and development of new mines.

The a paper, which was done by The University of Montana's Bureau of Business and Economic Research, says that expansion of the Spring Creek coal mine near Decker would boost Montana jobs, household income and tax revenues.

, according to an economic impact study conducted by BBER economist Patrick Barkey.

The report, "The Economic Impact of Increased Production at the Spring Creek Mine," commissioned by the Montana Chamber of Commerce, shows a proposed increase of coal production by 20 million tons at the mine owned by Cloud Peak Energy would more than double output at the facility and require expansion in capital and equipment, labor force and new purchases of resources such as electricity and work uniforms.

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