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Thursday, March 12, 2015

Another coal mine in the works for Elk Valley

CRM Coal core run end
photo from www.jamesonresources.com
Randy Spencer, Mountain Radio 

Another coal mine is in the works.  The Crown Mountain Coal Mine is proposed by M.W.P. Coal Canada, a subsidiary of Jameson Resources of Australia.  It would be located east of the Elkview Mine.  The feasibility study is done and the environmental assessment is underway.  There's believed to be 56 million metric tonnes of coal at the site.  M.W.P. CEO Art Palm says the company is planning to spend $339 million developing the mine with 200 million of that for construction.  He says the mine would have a life span of 17 to 25 years and employ from 250 to 300 people.

Construction is expected to start the middle of 2016.

Related link: Crown Mountain Project (Jameson Resources)

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