Overview
| Stage | Production |
| Mine Type | Underground |
| Commodities |
|
| Mining Method |
|
| Processing |
- Wash plant
- Dense media separation
|
| Mine Life | 2048 |
Source:
p. 55, 120
In March 2016, CONSOL Energy completed the sale of its membership interests in CONSOL Buchanan Mining Company, LLC (BMC), which owned and operated the Buchanan Mine located in Mavisdale, to Coronado IV LLC an affiliate of private mining company Coronado Coal LLC.
As of March 31, 2016, Consol Buchanan Mining Company LLC operates as a subsidiary of Coronado IV LLC.
Source:
p.59
Summary:
Coal Seams of Economic Interest (Formation) - Pocahontas #3 (Pocahontas Formation)
Source:
p.22
Summary:
Coal is extracted utilizing six continuous miners. ROM coal is transported to a skip hoist by conveyor belts, where the coal is then lifted to the surface for processing at the CPP. Two underground bunkers allow storage of up to 5,400 tonnes of coal, managing the flow of coal both from the face and to the coal CPP.
Processing Technologies
- Wash plant
- Dense media separation
Source:
p.23
Summary:
Coal processing:
– ROM coal is transported to a skip hoist by conveyor belts, where the coal is then lifted to the surface for processing at the CPP
– Two underground bunkers allow storage of up to 5,400 tonnes of coal, managing the flow of coal both from the face and to the coal CPP
- ROM coal is washed in a CPP that has a nameplate capacity of 1,270 raw tonnes per hour (TPH). ROM coal processed through the CPP has an average yield of approximately 67%.
- Coal is then loaded on the NS rail on a FOR basis and customers arrange for access to rail and port capacity.
Production:
| Commodity | Units | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|
Coal (metallurgical)
|
Mt
| 4.5 | 4.7 | 4.9 | 4.5 | 4 | 3.6 |
All production numbers are expressed as clean coal.
Operational Metrics:
| Metrics | 2019 | 2018 | 2017 |
|
Coal tonnes mined
| 6.9 Mt of ROM coal | 7.3 Mt of ROM coal | 7.3 Mt of ROM coal |
Reserves at December 31, 2019:
| Category | Tonnage | Commodity | Marketable Coal |
|
Proven
|
160 Mt
|
Coal (metallurgical)
|
101 Mt
|
|
Probable
|
11 Mt
|
Coal (metallurgical)
|
7 Mt
|
|
Proven & Probable
|
171 Mt
|
Coal (metallurgical)
|
108 Mt
|
|
Measured
|
198 Mt
|
Coal (metallurgical)
|
|
|
Indicated
|
42 Mt
|
Coal (metallurgical)
|
|
|
Total Resource
|
240 Mt
|
Coal (metallurgical)
|
|
Commodity Production Costs:
| | Commodity | Units | 2019 | 2018 | 2015 | 2014 |
|
Cash costs (sold)
|
Coal (metallurgical)
|
USD
|
52.3 / t
|
52.4 / t
|
34.2 / ton
|
44.9 / ton
|
|
Total cash costs (sold)
|
Coal (metallurgical)
|
USD
|
|
|
46.8 / ton
|
60.7 / ton
|
|
Selling price
|
Coal (metallurgical)
|
USD
|
96.3 / t
|
107.9 / t
|
56.7 / ton
|
71.8 / ton
|
|
Operating margin
|
Coal (metallurgical)
|
USD
|
|
|
9.92 / ton
|
11.1 / ton
|
Financials:
| | Units | 2019 | 2018 | 2017 | 2015 | 2014 |
|
Capital expenditures
|
M USD
| 52.5 | 33.2 | 35.3 |
|
|
|
Revenue
|
M USD
| 405.37 | 510.4 | 465.04 |
248
|
297
|
|
After-tax Income
|
M USD
| 106.97 | 130.68 | 170.16 |
|
|
|
EBIT
|
M USD
| | | |
71
|
11
|
|
EBITDA
|
M USD
| 185.63 | 212.5 | 211.24 |
|
|
Heavy Mobile Equipment as of December 31, 2018:
Source:
p.22
| HME Type | Quantity |
|
Continuous miner
|
6
|
Mine Management:
| Job Title | Name | Profile | Ref. Date |
|
Chief Geologist
|
Joe Wickline
|
|
Sep 10, 2020
|
|
Maintenance Supervisor
|
Josh Roberts
|
|
Sep 10, 2020
|
|
VP Safety
|
Aaron Price
|
|
Sep 10, 2020
|
Staff:
| Total Workforce | Year |
|
580
|
2019
|
|
591
|
2018
|
|
564
|
2017
|
|
469
|
2016
|
Corporate Filings & Presentations: