grande cache coal earns net income of 277 mining
Nov 28, 2016 Steelmaking coal producer Grande Cache Coal says it plans to reopen its shuttered surface mine and coal-processing plant next year. It is expected that the surface mine will resume operations by the end of Q1 2017, the Chinese-owned company said in a regulatory update posted to its website this week. The coal processing plant would start operating within a month of the resumption of ... Jan 05, 2018 The coal produced at Grande Cache is used to make steel, as opposed to thermal coal which produces electricity and is being phased out as part of Albertas climate change agenda. At its peak, the mine employed 640 people, but layoffs began in early 2015 after surface mining was suspended due to slumping coal prices.