Grande Cache Coal

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{{#badges: CoalSwarm}} Grande Cache Coal (GCC) is an Alberta-based metallurgical coal mining company. GCC holds coal leases covering over 22,000 hectares containing over 300 million tonnes of coal resources in the Smoky River Coalfield located in west-central Alberta.[1]

In December of 2009, GCC announced plans for a strategic expansion to increase the annual "clean coal" production to a rate of 3.5 million tonnes of coal by March 31, 2013.[1]

On Nov. 1, 2011, China’s Winsway Coking Coal Holdings Ltd. and Japan’s Marubeni Corp. agreed to acquire Grande Cache Coal Corp. for about C$1 billion ($1 billion).[2]

Coal Mines

Existing

The No. 7 Underground Operation has been in production since the fall of 2004 and the No. 8 Surface Pit went into production in the summer of 2010.[1]

Proposed

GCC has received the amended mine permit and a new mine licence from the Energy Resources Conservation Board (ERCB) necessary to commence development of its new No. 12 South B2 underground operation. The No. 12 South B2 underground operation has an estimated resource base of 11.6 million tonnes and coal production is estimated to commence during the third quarter of fiscal 2012, which begins October 1, 2011. Grande Cache Coal has one additional permit and license application in progress, referred to as No. 12 South A Surface Pit.[1]

Coal export facility

Board

  • Robert G. Brawn, Chairman and Director, 2001-

Contact

Grande Cache Coal
Suite 1600, 800-5th Avenue SW
Calgary, Alberta T2P 3T6 Canada
Tel: (403) 543-7070 Fax: (403) 543-7092
http://www.gccoal.com/

Resources and articles

Related Sourcewatch

References

  1. 1.0 1.1 1.2 1.3 "Corporate Profile" Grande Cache Coal Website, accessed Oct. 2011.
  2. "Winsway, Marubeni to Acquire Grande Cache Coal for C$1 Billion" Bloomberg, Oct. 31, 2011.