This is an amazing opportunity in the heart of the Powder River Basin in Wyoming. The coal lease is surrounded by federal minerals, so with this lease each section of ground gives an advantage to the owner in acquiring the 8 surrounding sections of federal minerals and the resulting 800 % increase in potential. For example if this section has 60 million tons of coal, the 8 surrounding also, likely, have 60 tons of coal for another 480 million tons, total of the 9 sections is over ½ billion tons. Large capacity rail runs nearby, it is the largest capacity in the country.
58 million ton reserve
25ft3 of coal per ton.
Calorific Values (range of means): 7,630 - 10,440 Btu
Moist-mineral matter free Btu (range of means): 8,240 - 10,990
Proximate analysis (range of means %):
ash yield, 2.92 - 12.22;
volatile matter, 27.11 - 38.51;
fixed carbon, 33.18 - 43.79; total
moisture, 17.95 - 32.01
Ultimate analysis (range of means %):
hydrogen, 5.99 - 6.69;
carbon, 47.41 - 61.46;
nitrogen, 0.51 - 1.29;
total sulfur, 0.10 - 1.13;
oxygen, 27.61 - 39.66
Forms of sulfur (range of means %):
sulfate, 0.01 - 0.04;
pyritic, 0.00 - 0.15;
organic, 0.11 - 0.56.
Estimated time frame to get a mining permit: 12 to 18 months of baseline data collection, 12 to 18 months eis, if required, total 24 to 36 months. It costs $2 per acre per year to keep the lease current.
The Gillette coalfield, within the Powder River Basin in east-central Wyoming, is the most prolific coalfield in the United States. In 2006, production from the coalfield totaled over 431 million short tons of coal, which represented over 37 percent of the Nation's total yearly production. The Anderson and Canyon coal beds in the Gillette coalfield contain some of the largest deposits of low-sulfur subbituminous coal in the world.
Wyoming is the number one coal producer in the United States, Montana ranks fifth. The Powder River Basin in Montana and Wyoming is the leading source of coal in the U.S.
Major cities in the area include Gillette and Sheridan, Wyoming and Miles City, Montana. Outside of these main towns, the area is very sparsely populated and is known for its rolling grasslands and semiarid climate. Most of the active coal mining in the Powder River Basin actually takes place in drainages of the Cheyenne River. Because of the Powder River Basin, Wyoming has been the top coal-producing state in the United States since 1988. In 2007, the Powder River Basin alone produced 436 million short tons (396 million mt) of coal, more than twice the production of second-place West Virginia, and more than the entire Appalachian region. The Black Thunder Coal Mine is one of the most productive coal mines in the United States; in 2006 this single mine produced 84 million metric tons of coal, more than any state except Wyoming, West Virginia, and Kentucky. The region is also a major producer of natural gas through a process called coal-bed methane extraction. Underground coal seams are dewatered through pumping, which reduces pressure and releases trapped gases up to the well head.
Take a virtual tour of Arch Coal's Black Thunder Mine, the largest single surface coal-mining complex in the world. Located in northeastern Wyoming, the mine's 1,600 highly skilled employees provide 12% of America's affordable coal supply each year.
All Rights Reserved. This document may not be copied in part or full without express written permission from the publisher. By providing links to other sites from goldandcoal.com does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to goldandcoal.com The data contained herein were obtained from sources deemed reliable, but is not guaranteed by me. Prospective purchasers are advised to examine the facts to their own satisfaction. These offerings are subject to change of price and terms, lease, prior sale or withdrawal from the market, without notice.