Last week we reported that HILLSBOROUGH RESOURCES has purchased and plans to reopen a coal mine in Tennessee. We also admitted that we could not recall another Canadian coal company that had bought a U.S. operation. We have been corrected.
Daryl Mikalson of TransAlta wrote: "In 2000 TRANSALTA UTILITIES CORP. of Calgary acquired the Centralia, Washington, power plant and associated 6.0 million tons/year (clean coal) mine. TransAlta has been operating both the power plant and mine since then."
And from David Morgan: "In the early '80s, LUSCAR LTD. did acquire the assets of a privately-owned Kentucky mining company, BADGETT STRIPPING, which was operating three mines at the time, one of which was the Cimarron mine. The acquisition was finalized through a Caribbean company so technically you are correct, it wasn't a Canadian company; at the time neither was Luscar. The president of the Kentucky company was Peter Cullimore, then-president of Luscar. ANDALEX COAL in Utah is the last part of this company, which sold its eastern operations in 1998. It is owned by the Mitchell-Green family."
Perhaps there are more such acquisitions. If any come to mind, let us know, and we will share that news with other CMJ Net News readers.
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