GILLETTE — Saying Cloud Peak Energy Corp. conducted “a very robust auction process,” a U.S. Bankruptcy Court judge needed less than 30 minutes Monday morning to approve a sale of the coal giant’s Powder River Basin assets to Navajo Transitional Energy Co.

With many of the pre-sale objections either satisfied or being negotiated, Judge Kevin Gross in Delaware said he was pleased to hear nobody Monday object to the sale outright. Pending the company working out some of those remaining issues with creditors, Gross said he’s “as of now … prepared to approve the terms of the sale.”

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