The Peace River Coal Limited Partnership (PRC) is a joint venture between Anglo Coal Canada (74.83% ownership), Hillsborough Resources Limited (12.99%) and NEMI Northern Energy & Mining Inc. (12.18%), with Anglo Coal Canada acting as the manager of the partnership.
PRC operates the Trend Mine, located near Tumbler Ridge in northeastern British Columbia, Canada, a region which has been a major producer and exporter of high quality metallurgical coal since the 1980s. Coal is transported from the mine by rail and shipped to the export market through Ridley Terminals at Prince Rupert, British Columbia. PRC's primary customers are steel mills in countries that rely on coal imported by ship. These mills are mainly in Japan, Korea, China and other Pacific Rim countries. From time to time PRC may also sell to customers in South America and Western Europe.
Commercial operations commenced in January 2008, with total 2008 year-end production of 772,000 tonnes, comprised of 632,000 tonnes metallurgical coal and 140,000 tonnes thermal coal.
In addition to capital improvements and resource extensions at the Trend Mine, PRC is conducting development work on its other properties. This includes work on the adjacent Roman Mountain property, where a pre-feasibility study was completed in 2008. Development of a mine on the Roman Mountain property could increase overall Trend Mine production to approximately 4 million tonnes per year.
PRC also holds a 50% interest in the Belcourt Saxon Limited Partnership, with the other 50% held by Western Coal Corporation.
