coal mines 300MCLEAN COUNTY, Ky. (7/3/13) – At a time when President Barack Obama is vowing to do more to implement efforts to reduce the amount of coal used in the U.S., at least one company is pressing ahead with plans to mine coal in the region.
 
Rhino Resource Partners VP of Investor Relations Scott Morris told SurfKY News today that the company is in the early stages of developing approximately 12,000 acres in McLean and Daviess counties to serve as a coal mine facility, with the entrance in McLean County. (Taxes generated by the sale of coal are typically collected in the county where the mine entrance is located.)
 
Morris said despite the Obama administration’s stance on coal as an energy source, the company is operating under current environmental policies.
 
“It’s hard to tell what to expect at this point,” Morris said. “We still think coal has a place for … energy production.”
 
Morris said the mine is expected to open in June 2014 with production estimates starting at 800,000 annually, based on a contract Rhino has with an unnamed utility company. He added that as more contracts are signed with other companies for coal purchases, the amount mined could climb as high as two million tons annually, possibly as early as 2017.
 
Initially, the mine will employ almost 70 people in full-time positions. If the plant reaches anticipated maximum production rate, the number of workers could nearly quadruple to closer to 250 full-time, Morris said.
 
Rhino Resource Partners is based in Lexington.
 
Dennis Beard
SurfKY News

LIKE SurfKY on Facebook - Click here to LIKE us now.

© Copyright 2015 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story on social media.

Posted on 2/2/14
3/13 - 16
1 DOW 18,070.40
+46.34 (0.26%)    
2 S&P 2,114.49
+6.20 (0.29%)    
3 NASDAQ 5,016.93
+11.54 (0.23%)    
3/13 - 16

Most Read This Week

April 28, 2015 4184

Search for Stolen Vehicle Ends with Woman Charged…

by SurfKY News
April 27, 2015 3518

Online Petition Seeking Re­opening of Shanice…

by Samantha Carver, SurfKY News
April 28, 2015 3358

Man Charged with Stalking Smoke Shop Clerk

by MPD
April 27, 2015 2912

Hopkins County Drug War ― Are We Winning?

by Doreen Dennis, SurfKY News
April 30, 2015 2819

Family Says 'Goodbye' to Dog After It Allegedly…

by Doreen Dennis, SurfKY News

Most Read This Month

April 17, 2015 15559

An Open Letter from an Addict

by Olivia Kirks
April 23, 2015 8491

Man Charged with Sodomy, Incest/Victim under 12

by SurfKY News

Stories Trending Now

May 03, 2015 1458

Two Injured During Two-Vehicle Collision

by SurfKY News
May 04, 2015 1410

Teen Injured During Collision with Police Cruiser

by SurfKY News
May 04, 2015 1292

Alleged Littering Leads to Drug Arrest

by SurfKY News
May 03, 2015 1141

Faith Baptist Hosts Family Fun Day

by Tammy Holloway, SurfKY News
May 04, 2015 905

Three Injured in Two-Vehicle Collision

by SurfKY News
May 03, 2015 770

Dave Says - May 3, 2015

by Dave Ramsey
May 03, 2015 708

2015 Correctional Employees' Week Celebrated…

by Michael Caudill
May 02, 2015 670

Conquering the clutter: Cleanliness with kids is…

by SurfKY News
May 02, 2015 662

Baptist Health Hosts Annual ‘Bike Safety Day’

by Gary Gates, SurfKY News