Overview
| Stage | Production |
| Mine Type | Underground |
| Commodities |
|
| Mining Method |
|
| Processing |
- Wash plant
- Dense medium separation
|
| Mine Life | 2037 |
Source:
p. 55, 120
| Company | Interest | Ownership |
|
Coronado Global Resources Inc.
|
100 %
|
Indirect
|
|
Coronado IV LLC.
|
100 %
|
Indirect
|
|
Consol Buchanan Mining Company LLC.
|
100 %
|
Direct
|
|
Buchanan Minerals, LLC.
(operator)
|
|
|
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.
Summary:
Premium quality low volatile coking coal.
Summary:
Buchanan Mine produces a premium low volatile metallurgical coal for the steel industry. The company employs longwall mining systems in underground mines where the geology is favorable and reserves are sufficient. Underground longwall systems are highly mechanized, capital intensive operations. Mines using longwall systems have a low variable cost structure compared with other types of mines and can achieve high productivity levels compared with those of other underground mining methods.
Processing Technologies
- Wash plant
- Dense medium separation
Production:
| Commodity | Units | 2017 | 2016 | 2015 | 2014 | 2013 |
|
Coal (metallurgical)
|
Mt
| ......  | ...... | 4 | 3.6 | 4.4 |
All production numbers are expressed as clean coal.
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Reserves at December 31, 2016:
| Category | Tonnage | Commodity |
|
Proven & Probable
|
92 M tons
|
Coal (metallurgical)
|
Commodity Production Costs:
| | Commodity | Units | 2015 | 2014 |
|
Cash costs (sold)
|
Coal (metallurgical)
|
USD
|
34.2 / ton
|
44.9 / ton
|
|
Total cash costs (sold)
|
Coal (metallurgical)
|
USD
|
46.8 / ton
|
60.7 / ton
|
|
Operating margin
|
Coal (metallurgical)
|
USD
|
9.92 / ton
|
11.1 / ton
|
|
Selling price
|
Coal (metallurgical)
|
USD
|
56.7 / ton
|
71.8 / ton
|
Financials:
| | Units | 2015 | 2014 |
|
Revenue
|
M USD
|
248
|
297
|
|
EBIT
|
M USD
|
71
|
11
|