Plans for Sprawling Coal Mine Expansion Forge Ahead in Alberta Despite Opposition
2 Articles
2 Articles
Plans for sprawling coal mine expansion forge ahead in Alberta despite opposition
A sprawling expansion of a massive thermal coal mine near Hinton, Alta., has been approved by Alberta’s provincial regulator, clearing the way for the operator to extend the life of the project well into the next decade.
Pembroke reports financial strain at its Olive Downs coal mine
Pembroke Resources is reporting financial strain at its Olive Downs steelmaking coal operation near Moranbah in Central Queensland, posting further losses as the recently built mine works through a ramp-up phase. Half year accounts reported an operating loss of US$67 million for the half-year to 30 June 2026, against US$72 million a year earlier, and negative operating cash flow of US$69 million. The trend improved late in the period with the c…
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