Law360, New York (August 22, 2011, 9:15 PM ET) -- Peabody Energy Inc., Southern California Edison Co. and an Arizona utility have reached a $65 million settlement with the Navajo Nation in a 12-year-old suit in Washington federal court over coal mining royalties, an attorney for the tribe said Monday.
The Navajo Nation has already received a one-time payment of $50 million, and Peabody will be providing $15 million in services, goods and financing over the next 10 years for infrastructure to benefit Navajo communities nearest to the Black Mesa Mine Complex, according to Samuel J....
Navajo Nation, Utilities End Coal Lease Suit For $65M
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