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CEO Resigns from Australian Company that Owns Troubled Western Kentucky Coal Mine

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paringaresources.com
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The CEO of the Australian company that owns a financially and geologically troubled coal mine in western Kentucky has resigned.

Paringa Resources announced the resignation of Egan Antill effective March 31.

Paringa’s wholly-owned subsidy, Hartshorne Mining Group, began operations at the Poplar Grove Mine in McLean County, about 30 miles south of Owensboro, in December 2018. 

Paringa has since discovered an unexpected geological fault in the region and has experienced financial trouble.

The company halted the trading of its stock on the Australian Securities Exchange last December.

Paringa has filed for bankruptcy, and is attempting to sell the Poplar Grove mine, as well as the undeveloped Cypress coal project located nearby. 

Paringa Resources is based in Perth, Australia. 

Rhonda Miller joined WKU Public Radio in 2015. She has worked as Gulf Coast reporter for Mississippi Public Broadcasting, where she won Associated Press, Edward R. Murrow and Green Eyeshade awards for stories on dead sea turtles, health and legal issues arising from the 2010 BP oil spill and homeless veterans.
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