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IN BRIEF: Bens Creek notes favourable report on West Virginia assets

Thu, 16th Jun 2022 18:21

Bens Creek Group PLC - London-based mining company focused in North America - Reports updated reserve base evaluation undertaken by Marshall Miller & Associates Inc of its coal properties in Mingo County, West Virginia.

According to the report, the properties contain an estimated in-place reserve base of 92.7 million tonnes, of which 33.6 million is estimated to be recoverable.

"We are delighted that the work undertaken by Marshall Miller has confirmed our expectation of improved coal reserves as a result of our recent coal lease agreements with MGC Inc and Star Ridge combined with our original property. The identified estimated in-place reserve base of 92.7 million tonnes, with an estimated recoverable tonnage of 33.6 million, should ensure that our mining targets are able to extend the life of our mining operations to meet the global demand for metallurgical coal," says Chief Executive Officer Adam Wilson.

Current stock price: 69.20 pence

12-month change: up sharply at 10.50p since Oct 19

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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23 Dec 2022 12:57

Bens Creek agrees to buy rail track holding company

(Sharecast News) - North American metallurgical coal miner Bens Creek announced on Friday that its wholly-owned subsidiary Bens Creek Carbon has entered into an agreement to acquire up to 100% of the membership interests in Bens Creek Rail Holding.

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22 Dec 2022 14:24

Bens Creek selling highwall miner for $3.6m

(Sharecast News) - North American metallurgical coal miner Bens Creek announced the proposed sale of its own highwall miner on Thursday, to Civil LLC, for total cash of $3.6m.

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22 Dec 2022 12:34

Bens Creek sells highwall miner for USD3.6 million paid in instalments

(Alliance News) - Bens Creek Group PLC on Thursday said it is selling its highwall miner for USD3.6 million to Civil LLC.

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20 Dec 2022 16:11

TRADING UPDATES: Predator buys majority in Cory Moruga; Thor tips gold

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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2 Dec 2022 12:58

Bens Creek reaches monthly production of 40,000 tonnes

(Sharecast News) - North America-focussed metallurgical coal miner Bens Creek said in an update on Friday that from 26 October to the end of November, it produced a total of 43,736 clean tonnes.

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2 Dec 2022 11:23

Bens Creek with record monthly production despite Thanksgiving closure

(Alliance News) - Bens Creek Group PLC said on Friday it recorded its highest ever monthly production despite closing for the Thanksgiving holiday.

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11 Nov 2022 15:24

TRADING UPDATES: De La Rue defends chair; Resolute Mining fundraise

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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10 Nov 2022 10:54

AIM WINNERS & LOSERS: Manolete swings to loss amid case troubles

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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7 Nov 2022 21:18

REPEAT: TRADING UPDATES: Reckitt names director; Ondine notes results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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7 Nov 2022 21:16

TRADING UPDATES: Reckitt names director; Ondine notes hood results

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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26 Oct 2022 14:35

TRADING UPDATES: Solid State expects to top annual expectations

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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22 Sep 2022 17:46

TRADING UPDATES: Newbury revenue gallops; Bens Creek gets green light

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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20 Sep 2022 15:53

UK shareholder meetings calendar - next 7 days

Wednesday 21 September 
Games Workshop Group PLCAGM
Hipgnosis Songs Fund LtdAGM
IG Group Holdings PLCAGM
India Capital Growth Fund LtdAGM
Merit Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
SDI Group PLCAGM
Seraphine Group PLCAGM
Tintra PLCAGM
Thursday 22 September 
Begbies Traynor Group PLCAGM
Ecofin Global Utilities & Infrastructure Trust PLCGM pre-emption rights
IG Design Group PLCAGM
Liontrust Asset Management PLCAGM
Oberon Investments Group PLCAGM
Odyssean Investment Trust PLCAGM
Rockwood Strategic PLCGM trading to the premium segment
Trakm8 Holdings PLCAGM
Worsley Investors LtdAGM
Friday 23 September 
Accsys Technologies PLCAGM
Biffa PLCAGM
Bradda Head Lithium LtdAGM
Fusion Antibodies PLCAGM
In The Style Group PLCAGM
Safestay PLCAGM
Wise PLCAGM
Monday 26 September 
Babcock International Group PLCAGM
Eastinco Mining & Exploration PLCAGM
Eckoh PLCAGM
ECO Animal Health Group PLCAGM
Great Eastern Energy Corp LtdAGM
Lamprell PLCEGM re delisting
Mediclinic International PLCCourt & GM re takeover by Remgro, SAS
RPS Group PLCGM cash offer agreement
Tuesday 27 September 
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Cohort PLCAGM
daVictus PLCAGM
Downing Four VCT PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
GRC International Group PLCAGM
Incanthera PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Redde Northgate PLCAGM
Smoove PLCAGM
Spectral MD Holdings LtdAGM
TP Group PLCGM re annual report
Yourgene Health PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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30 Aug 2022 16:13

TRADING UPDATES: Thor Explorations, Zenith Energy post swing to profit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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18 Aug 2022 15:46

IN BRIEF: Bens Creek to raise GBP6 million to form equipment fleet

Bens Creek Group PLC - operates metallurgical coal mine in US state of West Virginia - Intends to raise GBP6.0 million through placing of 10.0 million shares at a price of 30 pence per share, and subscription by certain investors for another 10.0 million shares at the same price.

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