SOURCE: Industrial Info Resources

September 18, 2009 06:55 ET

Alliance Resource Partners Opens River View Coal Mine in Kentucky, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - September 18, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Alliance Resource Partners LP (NASDAQ:ARLP) (Tulsa, Oklahoma) will hold the mine-opening, ribbon-cutting ceremony for the company's grassroot River View coal mine in Waverly, Kentucky, today. Production at the mine began in August, although full capacity will not be reached until mid-2010. Speaking at the 2009 Master Limited Partnership Investor Conference in Greenwich, Connecticut, Alliance Resource Partners President and CEO Joseph W. Craft III said that the project was moving "full steam ahead" and that all of the mine's eight room-and-pillar mining units would be in place next year. When running at full capacity, the mine will be able to produce 6.4 million tons of coal per year. The mine has estimated coal reserves of 105.4 million tons.

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