Posted on 2/2/14

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 your social media marketing partner

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 This material may not be published, broadcast, or rewritten without permission.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.

3/13 - 16

Weather Sponsored by

1 DOW 16,472.37
+200.36 (1.23%)    
2 S&P 1,951.36
+27.54 (1.43%)    
3 NASDAQ 4,707.77
+80.69 (1.74%)    

Stock Report Sponsored by

3/13 - 16

Most Read This Week

September 30, 2015 9978

Dawson Woman Dead After Princeton Factory…

by SurfKY News
October 01, 2015 6679

UPDATE: Madisonville Woman Charged after Bank…

by Doreen Dennis, SurfKY News
September 29, 2015 5839

UPDATED: Witness Describes Crash at Dawson…

by Doreen Dennis, SurfKY News
September 28, 2015 4488

Woman Charged with Methamphetamine Possession…

by SurfKY News
September 30, 2015 4041

Four Arrested After Allegedly Exposing Children…

by SurfKY News

Most Read This Month

September 04, 2015 35149

UPDATE: Attack on WKP Never Happened, Say Police

by SurfKY News
September 16, 2015 12037

Mining Accident Fatality - Update

by Doreen Dennis, SurfKY News

Stories Trending Now

October 02, 2015 1600

Mahr Park Project Manager Describes Present,…

by Tammy Holloway, SurfKY News
October 02, 2015 1456

Hopkins County Health Department Food Scores Thru…

by SurfKY News
October 02, 2015 1331

KSP Post 2 Welcomes New Commander

by SurfKY News
October 02, 2015 1226

KSP Arrests Man On Gun Charge

by SurfKY News
October 02, 2015 1139

Madisonville Police Reports Released

by SurfKY News
October 02, 2015 1125

Sinister On Center Horror House Begins Tonight in…

by SurfKY News
October 03, 2015 1062

Happenings, Meetings Listed for Following Week

by Tammy Holloway, SurfKY News
October 02, 2015 842

Elkton Man Charged with Alleged Assault

by SurfKY News
October 02, 2015 807

‘Right-to-Try’ for Terminally Ill Kentuckians: A…

by SurfKY News
October 02, 2015 760

Gov. Beshear, Beam Officials Celebrate Urban…

by SurfKY News