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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Post by miner8740on Apr 23, 2012 3:04pm
240 Views
Post# 19825395

James River Coal Market Cap same as CMK

James River Coal Market Cap same as CMK

James River Coal Company mines, processes and sells bituminous, steam- and industrial-grade coal through six operating subsidiaries (mining complexes) located throughout eastern Kentucky and in southern Indiana. As of December 31, 2010, the Company’s six mining complexes included 18 underground mines, nine surface mines and 10 preparation plants, five of which have integrated rail loadout facilities and three of which use a common loadout facility at a separate location. As of December 31, 2010, it controlled approximately 271.3 million tons of proven and probable coal reserves. During the year ended December 31, 2010, it produced 8.8 million tons of coal, including 0.1 million tons of coal produced in its mines that are operated by contract mine operators and it purchased another 0.1 million tons for resale. Of the 8.8 million tons produced from the Company mines, approximately 65% came from underground mines, while the remaining 35% came from surface mines.

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