NEMI Northern Energy & Mining Inc. (NEMI) holds a 12% interest in the Peace River Coal Limited Partnership (PRC), which operates the Trend Mine and owns substantial metallurgical coal properties near Tumbler Ridge in northeastern British Columbia.
Prior to the formation of PRC, NEMI built and permitted its Trend Small Mine and commenced mining operations in late 2005. In November 2006, NEMI joined with Anglo Coal Canada Inc. and Hillsborough Resources Limited to form PRC in order to jointly develop their northeastern coal assets, including the Trend Mine. PRC received a full mine permit for the Trend Mine in January 2007 that permits up to 2 million tonnes of clean coal production per annum.
Recent News Releases:
October 29, 2009
NEMI Announces Development in Peace River Coal Partnership
September 28, 2009
NEMI Announces Dispute Settlement with Peace River Coal Partnership
May 29, 2009
NEMI Announces Grant of Incentive Stock Options and Provides Update on Litigation
April 7, 2009
NEMI Announces its Intention to Commence Normal Course Issuer Bid
March 30, 2009
Michael Cooney’s Slate Elected By Two-To-One Margin As New Directors Of Nemi Northern Energy And Mining; Michael Cooney Appointed Chairman Of The Board