Company
Bens Creek Group PLC
LON:BEN
Bens Creek Group PLC owns and operates the Ben’s Creek metallurgical coal project in West Virginia, USA. The property is set over 10,000 acres in the Central Appalachian Basin with a proven recoverable coal reserve of 2.34 million tonnes and a coal resource of 17.2 million in-place tonnes with the potential for a further 30.9 million tonnes. Bens Creek utilises modern mining methods to produce ‘coal-for-steel’ and not ‘coal-for-power’.
69 stories
Bens Creek agrees first coal sale to major shareholder
"'We are delighted to book our first trade with Avani"
Bens Creek hits record output and brings in double shifts
August saw 42,000 tons of clean coal produced, its highest monthly total ever
Bens Creek main shareholder mulling stake sale
MBU Capital's stake would drop from 53.7% to 23.8%
Bens Creek separates itself further from major shareholder with rail deal
Bens Creek will buy BC Rail for up to US$650,000
Bens Creek agrees sale of highwall miner
Civil, a Georgia-based company. is buying the machine along with three trucks
Bens Creek ramp up to continue with second mining machine
Bens Creek produced 99,928 tons of clean metallurgical coal
Bens Creek rallies after statement over majority shareholder
"The facility is not highly leveraged and MBU Capital remains the legal and beneficial owner of the shares"
Bens Creek starts mining second area at West Virginia deposit
Initial analysis suggests that the coal seam being mined under the new permit is approximately 50 inches
Bens Creek starts up mining in new permit area
The company now expects to increase its metallurgical coal production volumes.
Bens Creek says permit granted to operate a second highwall miner at its site in West Virginia
The granting of the permit is for an initial five-year period and will now allow Bens Creek to deploy a second highwall miner that is to be operated by the company's highwall mining contractor
Bens Creek met coal production rising 'month-by-month'
"We anticipate further increased output as our rate of mining increases"
Bens Creek raises £6mln to help buy heavy mining equipment
The metallurgical coal mine owner expects the transition to equipment owner to result in increased coal production and cost efficiencies
Bens Creek reports minimal damage to infrastructure from floods
The floods did cause some logistical and supply issues
Bens Creek gets ready for significant production increases at its West Virginia mine
Production should hit 80,000 clean tonnes per month in September
Bens Creek appoints new permanent CFO
Since 2018, Murat Erden has been chairman of ARCH EM Partners, a specialist emerging markets investment advisor focused on resources, logistics and renewable energy
Bens Creek knows of no reason for share price movement
"The company confirms that there has been no material developments"
Bens Creek exercises option for second highwall miner, doubling its monthly production capacity
“By operating two highwall miners simultaneously, this will enable an increase in our production capacity to up to 80,000 tons per month," said chief executive Adam Wilson
Bens Creek updates reserves estimate for coal properties in West Virginia and Kentucky
The report has not been prepared in accordance with AIM guidance for mining companies and is not JORC compliant
Bens Creek says second train ready to be loaded with coal for offtake partner Integrity
A third 100-car-train has been booked and is expected to arrive this month
Bens Creek on a roll as rail shipments start to deliver
The mining company also raises the conversion price of its loan notes on back of share price surge
Bens Creek starts underground mining of high quality coking coal
HVA is one of the four grades of coking coal that are largely used to make steel
Bens Creek distances itself from major shareholder
"It is therefore appropriate that we now develop our independence from MBU"
Bens Creek in coal sub-lease agreement with Star Ridge Land
The land touches Bens Creek’s recently re-opened US metallurgical coal mine
Bens Creek up and running with met coal sales from North American mine
The price of coal has increased significantly over the past few months
Bens Creek completes upgrade work at met coal mine
The preparation and wash plant has a capacity of 350 tons per hour
Bens Creek issues another convertible loan note
"The support for our approach to the market by investors has been great and we are particularly appreciative of the confidence shown in us by ACAM."
Bens Creek Group delivers first income from West Virginia mine
It's expected that the coal produced will be used in the manufacture of steel
Miner Bens Creek raises US$6mln to fund its acquisition aspirations
The North America-focused group is a specialist in metallurgical coal used by the steel industry
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Coal miner Bens Creek valued at £35mln in AIM listing
The company’s site in West Virginia hosts 17.2mln tons of metallurgical coal
Coal miner Bens Creek plans to raise £7mln in London IPO
Mining operations and production is expected to begin in the fourth quarter of 2021