Cambrian Coal Corp. is seeking a wastewater permit from the Kentucky Department for Environmental Protection on the Adams Branch strip job, located near Ashcamp in Pike County.
This project is also covered by Amendment No. 1 to Kentucky Department for Natural Resources mine permit #898-0806, said an April 30 socioeconomic report on the project released by the DEP on May 10 and signed by company Secretary J. Mark Campbell. The entire surface area of the project is about 667.2 acres, with 67.8 of this being new acreage. This mining operation would continue to provide employment for an estimated 20 employees.
“The addition of acreage to KDNR Permit No. 898-0806 is estimated to allow the recovery of a total of 29 million tons of coal over 5 years,” said the report. “This will generate approximately $1.8 billion of taxable profit, of which the surrounding counties will receive a total of over $266 million (15 percent).”
Cambrian has no mines currently registered with the U.S. Mine Safety and Health Administration under that corporate name. U.S. Office of Surface Mining data shows that the company is 50% owned by Jim Booth, who is one of the largest independent coal producers in eastern Kentucky, 30% owned by Ted McGinnis and 20% by Campbell.