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FSE: CR5
TSX: CDU

Carbon Creek

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Peace River Coalfield

The Peace River Coalfield (Northeast Coalfield) in British Columbia has been a center for metallurgical coal production since coal was first shipped in 1984. Two mines, Quintette and Bullmoose, produced 181 million tonnes of coal from 1984 to final closure in 2002. There are currently four operating mines in the region operated by Walter Energy (Wolverine, Brule and Willow Creek Mines) and Anglo American (Trend Mine) with several mine development projects. The area has a history of successful coal mine permitting and production as well as existing rail and port infrastructure.

Merger and acquisition activity has been intense, with BC and Alberta activity valued at $5.8 billion dollars in the period since December 2010 (map below). Almost $4.7 billion of that investment has been within the Peace River Coalfield. The end result has been a belt of metallurgical coal mines and deposits tightly controlled by major companies. The Peace River Coalfield is dominated by major mining companies like Anglo American, Walter Energy and Glencore/Xstrata (map below).


Recent Activity in the Peace River Coalfield.
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Companies in the Peace River Coalfield.
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