Paringa Resources

paringaresources.com

The CEO of a company behind a new coal mine project in McLean County, Kentucky has resigned. The announcement from the Australian mining company Paringa Resources said managing director and CEO Grant Quasha is resigning as of June 18 to “pursue another opportunity.”

Quasha said in a Fox Business TV interview in September 2017 that the election of President Donald Trump has “ended the war on coal” and allowed Paringa to raise 40 million U.S. dollars in financing in the Australian equity markets, in addition to $20 million in project financing from Macquarie Bank in Australia for construction of the McLean County mine that will produce thermal coal for regional utilities. The mine is in what’s called “the Illinois Basin.” 


paringaresources.com

An Australian company constructing a new coal mine in McLean County has filed a response to a lawsuit filed by two brothers who own land in the area. 

The response filed in McLean Circuit Court by Hartshorne Mining generally denies a list of claims by brothers Gordon and Kenneth Bryant, whose family has long owned acreage in the rural area.

Hartshorne denies that the coal mine is out of compliance with McLean County’s comprehensive plan because the project was approved by the fiscal court.