Overview

Phoenix Coal controls the Gryphon Mining Complex, a major coal reserve  in the fastest growing region in the U.S. coal industry.  Located in the Western Kentucky area of the Illinois Basin, the reserve has high sulphur, low chlorine, bituminous coal, which is highly valued by electric utilities.  Gryphon’s rich reserve base contains 46.1 million tons of proven and probable reserves and 28.6 million tons of measured and indicated resources.

 

Phoenix is a publicly traded company listed on the Toronto Stock Exchange under the ticker symbol, PHC.