The Cumberland Mine Railroad is a private carrier mine railroad serving the Cumberland Coal Resources mine near Waynesburg, Pennsylvania. Operations on the mine and associated railroad began in November 1976. The line was originally developed by United States Steel as a source of steam coal for export to Canada. Subsequently, the mine and railroad have changed hands several times. As of January 2024 they are owned by Ir… WebJan 5, 2024 · Cumberland’s mine management and sales agent will remain with the Cumberland operations under Iron Senergy’s new structure. Upon the transaction’s closing, Contura provided $20 million in cash consideration to Iron Senergy and transferred $30 million in existing cash collateral to Iron Senergy’s surety provider as collateral for Iron ...
Iron Senergy Now Controls the Cumberland Mine - Coal Age
WebNov 12, 2024 · Contura Energy Inc. entered an agreement with Iron Senergy Holding LLC to divest its Pennsylvania operations, including the Cumberland Mine in Greene County, Pennsylvania. The equity transaction is expected to close before December 31, and, upon closing, subsidiaries that hold Contura’s Cumberland and Emerald mines and the … WebDec 16, 2024 · The Cumberland mine has 17 years of remaining life, according to Contura’s latest annual report filed earlier this year. There … foam maiden cartridge astrakhan
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WebSep 18, 2024 · In June of 2024 Contura announced that it is actively marketing the mine and that it employs roughly 700 workers. Then In August, the United Mine Workers of America (UMWA) ratified a new five-year bargaining agreement that will affect about 475 union members at the Cumberland Mine (sidenote: about 225 workers are non-union … WebDec 16, 2024 · Pennsylvania’s Cumberland Mine, which operates a 17-mile railroad profiled in the January 2024 issue of Trains Magazine, has changed hands. The … WebFeb 12, 2024 · Cumberland is one of the top five biggest employers in Greene County, with about 700 workers that ship an estimated 6.4 million tons of coal annually from its coal mine and preparation plant. greenwood cemetery canton fulton illinois usa