The company has taken a step closer to the construction of the Carmichael coal mine in Australia after winning federal approval for its groundwater management plan.
Government and company agreements also allow for the Madaouela mining permit to expand and include an additional 5.96 million pounds of measured and indicated resources.
The Riivos-built mining financial technology software helps them spend less time building spreadsheet models and more time optimizing their mine project economics.
The government proposes to expand its coal ban by adding absolute caps on production of thermal coal, or its use in power generation, which would target big companies.
West Virginia is dangling tax incentives for coal miners in an attempt to revive operations in Coal Country, but Contura Energy Inc. isn’t swayed just yet.