Information  X 
Enter a valid email address

Bens Creek Group PLC (BEN)

  Print   

Thursday 26 May, 2022

Bens Creek Group PLC

Update on commencement of underground mining

RNS Number : 8978M
Bens Creek Group PLC
26 May 2022
 

 26 May 2022

 

 

Bens Creek Group plc

("Bens Creek", the "Group" or the "Company")

 

Update on commencement of underground mining   

 

 

Bens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, confirms that the Company has commenced underground mining for the production of High Vol A (HVA) coal. The current price (on 24 May 2022) was $468 per metric tonne.

 

Adam Wilson, Chief Executive Officer of Bens Creek, commented:

 

"We are delighted that our auditors, PKF Littlejohn, and our nominated adviser, Allenby Capital Limited, were in attendance this week with the management team of Bens Creek to see the commencement of underground mining for our HVA product. This product enhances our offering to Integrity Coal Sales Inc., our offtake partner. The addition of HVA to our product line will further add value to our business."

 

 

 

For further information please contact:

Bens Creek Group plc

Adam Wilson, CEO

Raju Haldankar, CFO

 

 

+44 (0) 204 558 2300

Allenby Capital Limited (Nominated Adviser and Joint Broker)

Nick Athanas / Nick Naylor / George Payne (Corporate Finance)

Kelly Gardiner (Sales and Corporate Broking)

+44 (0) 203 328 5656



Optiva Securities Limited (Joint Broker)

Christian Dennis / Mariela Jaho / Daniel Ingram

+44 (0) 203 137 1902

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDFIFVEEVIRFIF

a d v e r t i s e m e n t