Junior miner finds success in Appalachia coal
Dec 12, 2011 | 01:44 PM
| Lisa Gordon
Tags
metallurgical coal,
silicon metal,
Thelon Capital,
Tony Cousins,
Jason Walsh,
Lisa Gordon
PITTSBURGH — A junior coal miner has been successfully obtaining permits in the Appalachian basin despite a regulatory environment that is heavily weighted against applicants, according to two company executives.
"Big mining companies try to permit very large tracts of land, which attracts every activist . . . and it becomes a staging area. We are conservative in our approach and shoot for between 200 and 600 acres, and then work to extend the permit," said Jason Walsh, president of Vancouver, British Columbia-based Thelon Capital Ltd.....
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