BRITISH COLUMBIA – The directors of Vancouver-based WESTERN CANADIAN COAL have approved development of the Brule coal mine at the Burnt River property in northeastern British Columbia. Production from the Brule mine will replace that of the Dillon mine, where resources are exhausted.
Western plans to produce 700,000 to 1.0 million tonnes of ultra-low-volatility pulverized coal injection coal per year. Costs are expected to be similar to those of the Dillon mine, in the mid-$60s per tonne.
The company also announced plans to make a private placement of $17.1 million with which to complete development of the Brule mine. Further information is available at www.WesternCoal.com.