January 31, 2008
Cardinal River had 41 million tonnes of clean coal reserves, which ensures a 25-year mine life at current production rates.
In 2007, reserves at Cardinal River decreased by an additional 13.5 million tonnes due to revised pit designs and the elimination of certain unrecoverable coal seams.
By the end of 2006, 1,074 hectares out of 1,329 hectares of disturbed land were reclaimed.
In 2005, the development of the Cheviot Creek pit was completed. The total capital cost for the haul road, pit development, plant refurbishment and mobile fleet was approximately $120 million.
In 2004, Cardinal River Coals reopened as Cardinal River Operations with the development of the Cheviot project.
Research - Professional or Research - Advanced Subscriber Access Required
