Website: N/A
Stock Symbol: NASDAQ: JRCC
Market Value: N/A (in millions)
We mine, process and sell bituminous, steam- and industrial-grade coal through
six operating subsidiaries (“mining complexes”) located throughout eastern
Kentucky and in southern Indiana. As of December 31, 2007, our six mining
complexes included 15 underground mines, 11 surface mines and ten preparation
plants, four of which have integrated rail loadout facilities and three of which
use a common loadout facility at a separate location. As of December 31, 2007,
we believe that we controlled approximately 267.9 million tons of proven and
probable coal reserves. At current production levels, we believe these reserves
would support greater than 23 years of production.
In 2007, we produced 11.2 million tons of coal (including 109,000 tons of coal
produced in our mines that are operated by contract mine operators) and we
purchased another 880,000 tons for resale. Of the 11.