Montem Resources

Australian coal company withdraws plan for mine in Alberta foothills

Australian coal company withdraws plan for mine in Alberta foothills

An Australian coal company is withdrawing its plan for a mine in the Crowsnest Pass region of the eastern slopes of Alberta's Rocky Mountains. "The coal mine, in our minds, is a no-go," said Peter Doyle, CEO of Montem Resources, which had proposed to redevelop the Tent Mountain site to produce steelmaking coal. In a letter filed Tuesday, Montem Resources asked the Alberta Energy Regulator to end the environmental impact assessment for the proposal.

Instead of a coal mine, this Alberta mountain may now become a 'green energy complex'

Instead of a coal mine, this Alberta mountain may now become a 'green energy complex'

An Australian mining company that had proposed a major open-pit coal mine in southwestern Alberta now says it may want to build a "renewable energy complex" on the site instead. Montem Resources had initially planned to develop an open-pit coal mine on Tent Mountain, just southwest of Crowsnest Pass, and was in the process of seeking regulatory approvals for the project. But after the federal and provincial governments rejected a nearby mining proposal — Riversdale Resources' Grassy Mountain project — Montem rethought its plans for Tent Mountain.