{"id":12661,"date":"2026-05-27T13:39:48","date_gmt":"2026-05-27T13:39:48","guid":{"rendered":"https:\/\/northamericanmining.com\/?p=12661"},"modified":"2026-05-27T13:39:50","modified_gmt":"2026-05-27T13:39:50","slug":"coronado-sells-logan-mining-complex","status":"publish","type":"post","link":"https:\/\/northamericanmining.com\/index.php\/2026\/05\/27\/coronado-sells-logan-mining-complex\/","title":{"rendered":"Coronado sells Logan mining complex"},"content":{"rendered":"
\n
\"Coronado<\/figure>\n<\/div>\n\n\n

Australian-headquartered, U.S-focused Coronado Global Resources<\/strong> said it will sell its Logan Mining Complex in West Virginia to Phoenix Coal Holdings in a deal with undisclosed financial terms.<\/p>\n\n\n\n

The miner said it will sell all of its interest to the Kentucky company, owned by Mitch Potter (also owner of Coal-Mac), including coal mining properties, leases, mining permits and related infrastructure, including a preparation plant and loadout facility.<\/p>\n\n\n\n

The divestment of the Logan Mining Complex is expected to reduce ongoing care and maintenance and holding costs associated with the asset; eliminate reclamation and other future obligations associated with the mine; and allow Coronado to focus capital allocation on its core metallurgical coal operations.<\/p>\n\n\n\n

The transaction is not expected to have an impact on Coronado\u2019s near-term production guidance, it said, though Interim Chief Executive Officer Gerry Spindler said it represents a further step in streamlining Coronado\u2019s portfolio.<\/p>\n\n\n\n

\n

\u201cThe divestment transfers future obligations associated with Logan while enabling us to prioritise capital and operational focus elsewhere,\u201d he said.<\/p>\n<\/blockquote>\n\n\n\n

Logan is located in Boone, Logan and Wyoming counties.<\/p>\n\n\n\n

Completion of the transaction is subject to customary closing conditions and is expected to occur in July.<\/p>\n\n\n\n

Source: coronadoglobal.com<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Australian-headquartered, U.S-focused Coronado Global Resources said it will sell its Logan Mining Complex in West Virginia to Phoenix Coal Holdings in a deal with undisclosed financial terms. The miner said it will sell all of its interest to the Kentucky company, owned by Mitch Potter (also owner of Coal-Mac), including coal mining properties, leases, mining permits and related infrastructure, including…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[495],"tags":[3132,1407,4615,4614],"coauthors":[1644],"class_list":["post-12661","post","type-post","status-publish","format-standard","hentry","category-latest-news","tag-coal-mac","tag-coronado-global-resources","tag-logan-mining-complex","tag-metallurgical-coal-operations"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t