Paringa Resources Limited (ASX:PNL, OTCQX:PNGZF) is an emerging US-based energy provider developing the high margin, low capex Buck Creek Mining Complex located in the growing Illinois Coal Basin. The Buck Creek Mine Complex includes the fully financed and permitted 2.8 Mtpa Poplar Grove Mine with construction starting mid-2017 and first coal expected mid-2018. Once Poplar Grove is constructed, Paringa will begin construction of the permitted 3.8 Mtpa Cypress Mine by early 2019, ultimately becoming the next major Illinois Basin coal producer. Provided below is a map of western Kentucky, location of Paringa's Poplar Grove and Cypress Mines and the extent of historical coal mining in the region.
| Company Details | |
|---|---|
| Company Name | Paringa Resources |
| Business Category | Coal |
| Address | 6724 E Morgan Ave. Suite B Evansville Indiana United States ZIP: 47715 |
| President | NA |
| Year Established | NA |
| Employees | NA |
| Memberships | NA |
| Hours of Operation | NA |
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