|Riversdale Resources photo of Grassy Mountain|
"Benga Mining Limited, a wholly owned subsidiary of Riversdale Resources Limited, is proposing to construct and operate an open-pit metallurgical coal mine near the Crowsnest Pass, approximately seven kilometres north of the community of Blairmore, in south-west Alberta. As proposed, the production capacity of the project would be a maximum of four million tonnes of clean coal per year, over a mine-life of about 25 years." - Canadian Environmental Assessment AgencyAccording to Bott, environmental studies for the Grassy Mountain Project on the fisheries field programs are continuing into the fall, and ambient air quality monitoring continues, with results to be completed before the end of the year. Bott said those results would be included in an environmental impact assessment (EIA) update prior to a public hearing, which will likely be held in early 2017.
Bott said he had a conversation with Riversdale Resources Limited Managing Director Steve Mallyon in Australia on September 14, at which time he was told contracts had been settled and that coking coal was selling for close to $200/tonne on that date. Bott said, "Grassy (coal) will sell for just under this level. There is a growing interest in Japan, Korea, and Brazil in the Grassy Mountain development." He said since January 2016 coking, or metallurgical coal prices have increased by approximately 150%.
Riversdale Resources filed environmental impact assessment (EIA) update regarding the Grassy Mountain Coal Project with the Alberta Energy Regulator (AER) August 12, 2016 to address deficiencies the AER had identified. In it Riversdale explained they have developed an "integrated application" that included the Environmental Protection and Enhancement Act (EPEA), Coal Conservation Act (CCA), Water Act, and the Public Lands Act (PLA). These applications will be open for further statements of concern in October.
|Canadian Environmental Assessment Agency graphic|
|Crowsnest Pass Golf Course redevelopment (Riversdale Resources photo)|
Related 2015 story:
Grassy Mountain coal mining project presented to Pincher Creek's councils