COAL MINECoal

Summit Mine 14 (underground)

Summit Coal (Valory Resources) · ≈1.2–1.3 Mt/yr planned; opening ≈2027

AER approvals 24 Sep 2025; Court of Appeal granted leave to appeal 25 Nov 2025.

RESOURCE CONTEXT

Large Foothills coking-coal endowment; provincial reserve figure dated (33 Gt all ranks, 2016)

High-quality Foothills coking coal under the tightest land-use policy in the province.

Official reserve statements for this commodity (0)

    GEOLOGICAL SETTING

    Prospectivity envelopes for Metallurgical (coking) coal

    • Inner Foothills coking-coal belt (Grande Cache–Cadomin–Crowsnest)Producing / drill-proven
      Lower Cretaceous Luscar / Kootenay Group bituminous coal in thrust-folded seams

    Development regime

    Tenure
    Coal lease under the Coal Conservation Act — new Crown leases not being accepted (Feb 2025).
    Royalty
    1 % of mine-mouth revenue pre-payout; post-payout 1 % plus 13 % of net revenue; CIMI signals higher rates for new mines.

    DATASETS TO STACK HERE

    Public layers that cover this site

    NEARBY OPERATIONS

    Within reach