Web31 Aug 2024 · Paringa secured a $220m, seven-year coal sales agreement covering an initial two-year construction period (2016 to 2024) and a five-year production period (2024 to … Web9 Jan 2024 · MCLEAN COUNTY, Ky. (WEHT) A recently opened western Kentucky coal mine is facing challenges above and below ground. Paringa Resources, which runs the Poplar Grove mine in McLean County, is dealing ...
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Web21 Feb 2024 · Paringa has filed for Chapter 11 in the U.S. Bankruptcy Court for the Western District of Kentucky. During the court-supervised bankruptcy process, the Poplar Grove … jim hoffman new bern nc
Paringa Resources coal mine faces severe unplanned …
Web30 Apr 2024 · Paringa starts shipping coal from Kentucky mine Coal producer Paringa Resources has started shipping product from its Poplar Grove mine in western Kentucky. The company said it loaded 1,500 short tons (1,360 metric tonnes) of coal onto barges at its Ainsworth Dock on the Green river on 26 April. Web20 Dec 2024 · Coal developer Paringa Resources has intercepted the Western Kentucky Number 9 coal seam with the Poplar Grove primary transportation slope, marking a material milestone towards the production of ... Paringa signed coal sales agreements with Louisville Gas and Electric Company (LG&E) and Kentucky Utilities Company (KU) for the No.1 mine and is now transferring the same to the Poplar Grove mine. The $220m agreement involves delivery of 4.75Mt of coal over a five-year period, with 750,000t to … See more The No.1 Mine was Paringa’s only priority when the company acquired the coal leases in Buck Creek. However, subsequent drilling … See more According to the expanded bankable feasibility study released in March 2024, Poplar Grove is estimated to contain total proven and probable resources of 135.7Mt. See more A driveable ramp will be constructed for conveyor belt operations and transporting supplies and equipment to the mine’s operating areas. The main conveyor will transfer raw coal into … See more Room-and-pillar mining method is proposed to mine the deposit. Access to the mine will be created by a combination of box-cut and drift methods due to the shallow depth of the … See more jim hoffmann obituary 2023