Construction at Paringa Resource’s Poplar Grove mine continues to accelerate with the company recently completing the foundations for the coal handling and preparation plant (CHPP) with structural steel to be erected in the coming weeks.
Excavation and site development works at the barge loadout facility on the Green River will begin shortly.
Paringa remains on target for first coal production by August 2018.
Additionally, Paringa continues to build out its executive team with the recent addition of Adam Anderson as Senior Vice President of Coal Sales & Marketing.
Paringa’s Mading Director and CEO Grant Quasha said: “ Following the recent positive announcement of Paringa locking in almost 90% of the total CAPEX for Poplar Grove mine under fixed priced contracts, I aam pleased to update on the important addition of Adam Anderson to the Paringa executive team, as Senior VP of Coal Sales and Marketing.
Anderson us experience in coal sales in the Illinois Basin: he was previous Vice Pesident of Sales and Marketing for Armstrong Energy Inc. – the second largest coal producer in Western Kentucky. He has over 13 years of experience in the Illinois Basin and, Paringa believe, he will be instrumental in executing the company’s marketing strategy.
“Adam is highly regarded, experienced coal sales and marketing professional in the Illinois Basin, and we are extremely excited to be executing our coal marketing strategy under Adam’s leadership with the continued guidance of Jim Plaisted. Adam’s previous experience in selling over 9 million tpy for Armstrong into the Ohio River and Southeast markets coupled with his excellent relationships with local utilities will significantly bolster our sales and marketing efforts,” commented Quasha.
Furthermore, Rick Kim has been promoted to the position of Chief Operating Officer of Paringa. Both Matt Haaga (former COO) and Jim Plaisted (former VP of Coal Sales & Marketing) will remain heavily involved as key technical consultants to the company.
Quasha concluded: “We continue to make excellent progress with construction at Poplar Grove, continue to strengthen the Paringa team with exceptional, motivated people and remain on track to deliver first coal 12 months from the start of construction.”
Read the article online at: https://www.worldcoal.com/exploration-and-development/20102017/poplar-grove-mine-construction-continues-to-accelerate/
You might also like
Peabody has published its 4Q23 results, FY23 results, and released a segment update.