Client News
Bens Creek Group plc: Entry into coal lease agreement and royalty arrangement on contiguous coal propertyBens Creek Group plc (AIM:BEN), the owner of a metallurgical coal mine in North America supplying the steel industry, announces that Ben’s Creek Operations WV LLC (“BC Operations”), a wholly owned operating subsidiary of the Group, has, on 15 December 2021, entered into a lease agreement (the “Lease”) with M.G.C., Inc. (“MGC”) on a property adjacent to the existing Bens Creek mine located in Stafford District, Mingo County, West Virginia. The property covers approximately 1,200 acres. The Lease confers certain mining rights to BC Operations on the property and covers the terms of a royalty arrangement with MGC, as set out below. The Lease will enable BC Operations to undertake metallurgical coal production from such reserves that may exist on the property.
OPEN AN ACCOUNT
If you are interested in opening an account with Optiva Securities, please fill in the details on the apply button.
CLIENT AREA
Please ensure that the information you entered is accurate, and that your “Caps Lock” key is set correctly.