Wednesday, May 15, 2013

Seven Coal Mines to Open In Pike County

PIKEVILLE, Ky. -- New High Ridge Mining announced plans Wednesday to open seven deep mines in Pike County.

The company is owned by long time coal operator Bill Smith, who is a former vice president of Sidney Coal.

Smith says in a news release that the mines will be located across Pike County in Big Creek, Johns Creek and Pond Creek. He says each of the mines is set open with 36 employees.
The hiring process is expected to begin soon and will conducted by the Office of Employment and Training in Pikeville.

According to a news release, Smith began making preparations for his new operation some time ago by leasing 100 million tons of Pike County coal in the Alma, Pond Creek and Cedar Grove seams and by securing the necessary permits that are required to begin production.

Smith also says most the coal that will be mined will be exported to China.

According to Pike County Judge Executive Wayne T. Rutherford, “The short term economic outlook for coal seems dismal, but due to the growth taking place in Asia, coal is needed to sustain it, making the long term outlook for Eastern Kentucky coal rather bright. Local coal operators such as Bill Smith possess the experience and knowledge to begin healing our ailing coal industry and the local economy. Due to Mr. Smith’s foresight, over 250 jobs are expected to be added in Pike County, which is the first step in the healing process and bringing back our signature industry.”

The Office of Employment and Training is at 138 College St. in Pikeville and can be reached at 606-433-7721 or by e-mail at trina.allen@ky.gov.