Stockton Colliery

The Stockton Colliery comprises a producing surface coal mine and adjacent anthracite preparation plant encompassing an area of approximately 900ha located in Hazle Creek in North-East Pennsylvania, a region renowned for anthracite. 

The site, mined at various times from the 1900s, has an abundance of high quality anthracite in close proximity to the surface, making it economical to recover.  The mine has current Proven Reserves of 4.2 million tons run-of-mine (‘ROM’) coal, which equates to approximately 2.1 million tons of high quality, high carbon, washed anthracite, giving Stockton a forecasted 10-year mine life.  The Company believes that there is huge potential to increase the resource base, either by exploring the current deposit to depth or by broadening the range and targeting areas in the vicinity.  Further drilling is therefore planned. 

Stockton has good facilities and infrastructure in place including a anthracite preparation plant capable of washing 300,000 tons of coal per annum as well as a 21-yard bucket hydraulic excavator.  Furthermore, it has good transport links, with state roads and the Norfolk and Southern rail line providing nationwide access. 

Mining operations are conducted by Stockton’s union-free staff and operated using its own existing plant and equipment.  The current mine operations are being conducted under a valid mining permit issued by Pennsylvania’s Department of Environmental Protection.  The Stockton Colliery trades through Atlantic Coal’s 100% subsidiary Coal Contractors (1991) Inc.

There is strong demand for Stockton’s coal output from the domestic home heating market and a non-seasonal industrial customer base that uses its output for filtration and metallurgical treatments.  The anthracite coal that Stockton yields is ranked as a higher energy fuel (containing over 86% carbon) than other more commonly used coals, like bituminous and lignite, and for this reason a premium can be attached to the washed output from the mine.