Paringa Resources says it is planning to begin mining coal at the McLean County site next year. The mine would sell coal that's used to generate electricity at power plants, a sector of coal that has been in steep decline in Kentucky and parts of Appalachia.
Paringa CEO Grant Quasha says the company has a contract with Kentucky's largest utility, LG&E, to sell about half the coal mined at the new Poplar Grove mine. The mine would produce about 2.8 million tons of coal a year.
Quasha says the there is a base of experienced workers in the area to draw from.