Paringa Resources
Evansville
About Paringa Resources
Paringa Resources is an emerging US-based energy provider developing the high margin, low capex Buck Creek Mining Complex located in the growing Illinois Coal Basin. The Buck Creek Mine Complex includes the fully financed and permitted 2.8 Mtpa Poplar Grove Mine with construction starting mid-2017 and first coal expected mid-2018. Once Poplar Grove is constructed, Paringa will begin construction of the permitted 3.8 Mtpa Cypress Mine by early 2019, ultimately becoming the next major Illinois Basin coal producer.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 1 – 10
- Estimated revenue: Less than $1M
- Total funding: $20.0M
- Funding stage: IPO
- Last round: Post-IPO Debt (Apr 2017)
- Ticker: asx:PNL
- Website: paringaresources.com
- Phone: +61 3 9415 4000
Industries & Categories
Construction, Energy, Mining, Precious Metals
Social Profiles
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