By Daniel Anderson
Summit mine 14 is a proposal for an underground coal mine near Grande Cache, Alberta.
Summit Coal limited partnership and Summit coal Inc hold the mine 14 project. According to the Narwhal, the mine 14 proposal is exempt from Alberta’s current pause on coal mining in the Rockies. Summit is a “wholly owned” subsidiary of Maxim power
Summit Coal limited partnership and Summit coal Inc hold the mine 14 project. According to the Narwhal, the mine 14 proposal is exempt from Alberta’s current pause on coal mining in the Rockies. Summit is a “wholly owned” subsidiary of Maxim power
According to Maxim power, the mining site contains 121.1 million tonnes of resources with 18.9 million tonnes in reserve. In an agreement with Maxim, Valory Resources Inc. is responsible for financing the resources and approvals for the project. Valory will get the option to purchase Summit after reaching pre-arranged conditions.
Valory reports that it has obtained mine licenses, permits and the project’s port contract.
The company continues its efforts to obtain the remaining approvals for the mine. According to Maxim, the agreement between Maxim and Valory expires in February 2024 but can be renewed.
The company continues its efforts to obtain the remaining approvals for the mine. According to Maxim, the agreement between Maxim and Valory expires in February 2024 but can be renewed.
The process of underground mining has drawn criticism from Grande Cache residents, CBC reports. Concerns around water contamination as a result of the mining operation
Maxim claims that local water in the region would be more protected than a surface mine, CBC reports
The mine would create 120 jobs and provide tax benefits to Grande Cache residents. The coal mined by Mine 14 would be used for metallurgy overseas.
