Australian firm 'looking to open Cumbria mine'

Australian firm 'looking to open Cumbria mine'

The mining industry is one that has been missing from the Cumbrian coast in recent times, but that could all be about to change if one Australian company has its way and is allowed to start work on a particular site. Riverside Energy, which is based in Melbourne, wants to raise enough cash to begin exploring under the sea just west of Whitehaven, reports the News & Star. It needs £13 million to make the project become a reality and it has enlisted the help of stockbroking firm RFC Ambrian to help it raise the required capital. Should it be successful in raising the £13 million in question, the company would then draw up a plan to extract the coking coal it believes is under the sea at the location. Coking coal is extremely useful as it can be used to make steel, although it is not the same as thermal coal, which is used for heating and power generation. John Bishop, chairman of Riverside Energy, has suggested there may be as much as a billion tonnes of coal under the sea off Cumbria that is waiting to be extracted. If the firm is able to do so, it could create plenty of mining jobs in the area as a result. Graham Melville, who represents Mirehouse on Cumbria County Council, said: "My father used to work the mines. There are a lot of people who would probably welcome the return of this type of industry." Another councillor, Wendy Skillicorn who represents Kells and Sandwith, added: "I would absolutely love to see something come from it and will be watching with interest." British Coal carried out a study of the area in the 1980s and 1990s, although it was forced to abandon its plans to mine in the region due to cost. But Dr Bishop is more positive that something can be done this time around, as he said Cumbria's "excellent infrastructure" makes it a good place to conduct mining activities in the modern day.

Please rate

Comments 

Name
Email
  Ctrl + Enter

Most Read

SES Water working with partners to meet leakage reduction target

SES Water working with partners to meet leakage reduction target

The company is creating an intelligent water distribution network by working with Royal HaskoningDHV, Vodafone and Technolog to implement technology to cut leakage by 15% over the next five years and pave the way for more than halving it by 2045. SES’s vision is to create a self-learning

Yorkshire Water awards £1bn AMP7 MEICA Frameworks

Yorkshire Water awards £1bn AMP7 MEICA Frameworks

Following a 12 month procurement process, 11 partners have been appointed with the MEICA framework, complementing the Civils frameworks announced recently. Together they complete the procurement process for the water company’s AMP7 non-infrastructure works. The 5 year frameworks,

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.