Solid Energy to close Spring Creek mine after no buyers emerge

Thu, 02 Feb 2017

By Paul McBeth Feb. 3 (BusinessDesk) - Solid Energy will shut and seal the Spring Creek mine after failing to find a buyer for the shuttered Dunollie operation on the West Coast. The failed state-owned coal miner said mining at the site stopped in 2012 when a review found it wasn't economically viable, and after an "exhaustive sales process" didn't shake out any bidders who would have needed to spend "significant capital" to re-open the mine. The site will be sealed permanently, which is expected to take three to four months, and a nearb...

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