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By Kraig R. Naasz

Jan 1, 2008

Jan 1, 2008

Jan 1, 1969

Jan 1, 1956

Jan 1, 1961

Jan 1, 1962

Jan 1, 1975

Jan 1, 1975

By Todd A. Myers

Forward Looking Statement Disclaimer This presentation may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements about the Company's vision, strategy, operations, growth, development and any other statements containing the words, "believes, " "expects, " "anticipates, " "plans, " "estimates, " and similar expressions. There are a number of factors that could cause Westmoreland Coal Company's actual results to differ materially from those indicated by such forward-looking statements including, but not limited to: general economic and business conditions; healthcare cost trends; the Company's ability to manage growth and significantly expanded operations; the ability of the Company to implement its business strategy; the Company's ability to pay the preferred stock dividends that are accumulated but unpaid; the Company's ability to retain key senior management; the Company's access to financing; the Company's ability to maintain compliance with debt covenant requirements; the Company's ability to successfully identify new business opportunities; the Company's ability to achieve anticipated cost savings and profitability targets; the Company's ability to utilize its tax net operating losses; demand for electricity; the effect of regulatory and legal proceedings; and other factors identified in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The Company disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date such statement was first made.

Jan 1, 2008

Jan 1, 1958

[ ] Thomas B. Egan RMCMI PRESIDENT 1996-1997 on behalf of the RMCMI Board of Directors and Officers of The Rocky Mountain Coal Mining Institute cordially invites you and your family to attend the 93rd Regular Meeting and Convention to be held June 28 thru July 1, 1997 Steamboat Springs, Colorado

Jan 1, 1996

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Jan 1, 1991

Jan 1, 1928

By James F. Howe

Modern civilization is centered around a small group of essential occupations, the three principal ones which are agriculture, mining and manufacturing. Agriculture might be called the most important of the three, as it has to do directly with the supply of food for the human race. Mining, however, is certainly next in importance, as it furnishes the supply of fuel and many of the raw materials used in manufacturing. Without mining, modern machinery and many industrial operations would be impossible. Mining takes advantage of the, natural resources in fuel and minerals that lie underneath the surface of mother earth, and while at times some of these metals are hard to find and mines come and go, mining must continue to increase. Mining is no longer a haphazard proposition but one calling for careful study and complete plans of operation for years to come. The shafts, power houses, rock dump crusher, concentrator, and other machinery must be located advantageously in order to enable owners to make a profit. Many tons of rock or mineral must be mined frequently to get one ton of concentrated metallic ore or metal itself. Economy in mining is just as essential as it is in manufacturing. The mining engineer of today is called upon to utilize every branch of engineering, and not only, is a wide: range of knowledge required, but ingenuity to meet the unusual conditions which are constantly arising from week to week. On account of the wide variety of information required by the mining engineer, some things with which he is in almost daily contact may be passed over with only a small amount of attention, provided everything is going well, in order that time and attention may be focused on what might be termed the more important features of mining operations. Because competition has become keener than ever, owing to overproduction at times of certain minerals, it becomes a matter of first, importance to understand as far as possible the factors which enter into the cost of production of any mineral which may be mined. In such times of overproduction, the high cost mine is forced to close down while the low cost mine may, if desired, be kept running constantly. In keeping a cost record, wire rope on account of its high first cost 19 coming into the lime light, and a comparison of records of one mine with another is now frequently made in order to see whether the rope service is satisfactory or not. Every rope maker, on the other hand, is interested in seeing that the rope which he produces gives the maximum possible return for the money invested. Modern mining owes much of its success to the use of wire rope for hoisting materials from beneath the surface of the ground. Deep mining would be impossible without the use of wire rope as a means of hoisting. A study, therefore, of rope problems in mining work and a discussion of the points which are beneficial to maximum life will enable the mining engineer, manager, or superintendent to keep his costs down to the minimum while at the same time he provides a suitable and sufficient safety factor for operations at all times. Mining might be defined as the extraction of coal, metallic ores, or minerals from below the surface of the ground. This definition does not cover what is known as, open pit operations or quarrying but covers the

Jan 1, 1922

Jan 1, 1931

Outline ? Overview ? Existing Operations ? Mine Planning ? Future Trends ? Market Impacts ? Conclusions

Jan 1, 2006

Jan 1, 1926

Jan 1, 1953

Jan 1, 1957

Jan 1, 1947