COMPANY HISTORY

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Atlantic Carbon Group Inc as of 1st January 2019 is the new name for the company previously known as Coal Contractors and Hazleton Shaft.

 

Coal Contractors was a mining company in existance for the early 1980. In 2007 a new washing and preparation plant was installed at the Coal Contractors Site.

2009

New mine plan implemented for CCI. Mine life of Stockton estimated to be circa 13 years, in part thanks to the discovery of the undocumented reserves leading from the Mammoth Seam.

2010

A new crusher installed, the coal washing facilities were further improved, and a new Liebherr R9250 19.6-yard bucket hydraulic excavator was purchased. Improvements to the washing plant meant the feed rate doubled.

2011

Work on a railroad diversion at the southern end of the mine began, a Komatsu PC2000 hydraulic excavator was acquired.

2012

The Norfolk Southern railroad re-alignment was completed, opening up approximately 1.0 million tons of potential new anthracite seams. The reclamation of Gowen Mine was completed during 2012, bringing to an end a major programme of expenditure, and returning key pieces of plant/equipment to Stockton. 2012 also saw record production rates of 161,183 tons.

2013

By now Coal Contractors was firmly established in the top five anthracite producers in the Pennsylvanian Anthracite Coal Field Belt. Coal Contractors’ annual audit by J. T. Boyd led to an increase in the clean coal reserve base at Stockton of 29%, extending the mine life at Stockton further from 2020 to 2024.

2014

This year a major equipment order was placed for six Komatsu Model HD785-7 100 ton haul trucks and two CAT D9 dozers. Stockton achieved record production of 165,052 tons despite extreme weather conditions experienced in the region at the start of the year.

2015

The start of 2015 saw the arrival of $20 million worth of Komatsu plant and equipment arriving at the mine, including a high capacity PC3000 excavator. A new rail loading facility was constructed at the eastern end of the mine in partnership with the Reading, Blue Mountain and Northern Railroad providing the company with significant commercial advantage.

2016

The acquisition of Hazleton Shaft Corporation ("HSC"), an integrated anthracite mining and processing company operating in the Hazleton area of Pennsylvania near the Company's Stockton Mine, was completed on 1st June, 2016

HSC operates two anthracite surface mines: Hazleton Shaft, immediately adjacent and to the west of Stockton Mine and Hazleton Shaft South, also known as Jeansville, 3.5 miles south west of Stockton Mine. Total reserves amount to at least 7.5 million tons adding substantially to the Company's reserve base. HSC also operates a washing plant at the Hazleton Shaft site and owns a 50% stake in the Hazleton Hiller anthracite drying plant on the Hazleton Shaft site.

Jeansville Mine which was operated by dragline operation was successfully converted from dragline to shovel and truck, ie hydraulic shovel and mine truck, operation utilising modern mining equipment with $20 million of new leased Komatsu plant. This also involved substantial re-engineering of the pit which took place August to October 2016 with a capital expenditure of over $1.2 million and will enable Jeansville Mine to operate efficiently for some years to come.

The Hazleton Shaft washing plant processed a combination of run of mine ("ROM") anthracite, bank material (anthracite spoil from underground mining) and silt (fine anthracite discard from old washing plants or "breakers" as they were known). ACG's strategy is to concentrate production on high quality anthracite and this required modifications and improvements to the Hazleton Shaft plant which were completed towards the end of 2016 with a capital expenditure of approx. $500,000. The plant now has an annual ROM processing capacity of 1 million tons.

2017

In January, a new rail loadout terminal was developed adjacent to the Hazleton Hiller Drying Plant and Hazleton Shaft washing plant shipping anthracite from both facilities.

Production of hard rock aggregates commenced at Stockton Mine, crushing hard sandstones which are extracted as part of the overburden removal to recover anthracite. The aggregates are shipped from the site via the Stockton rail terminal and provide a useful revenue stream for the Company. In September ACG leased the Spring Mountain Mine property to the west of Jeansville Mine.

2018

In July mining operations commenced at the Spring Mountain Wet Slope Mine.

2019

Merged Coal Contractors and Hazleton Shaft into one entity named Atlantic Carbon Group Inc.