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IN BRIEF: Bens Creek says equipment arrives at coal miner after delay

Thu, 23rd Mar 2023 14:23

Bens Creek Group PLC - owner of a metallurgical coal mine in US state of West Virginia - Says all components for a second highwall miner, unit 77 from its highwall mining contractor Mega Highwall Mining LLC, have now arrived on site following a short delay. The highwall miner has been assembled and is now only awaiting completion of its electrical fit out and testing before deployment at the mine.

Chief Executive Officer Adam Wilson says: "The delays in getting the equipment on site has been disappointing; however all components have now been delivered and the HWM has been re-assembled on site. We are looking forward to having two highwall miners up and running in the near future. We remain very confident about the future prospects of the business."

Current stock price: 18.10 pence, down 0.8% in London on Thursday afternoon

12 month change: down 79%

By Holly Beveridge, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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