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Show October 1998 - Sun Advocate Business Review Page 23 Section Coal industry plays crucial role in Utah history continued from page 22 sustainable future during the boom years following World War II. Oil executives started to look at other energy resources and coal appeared to the most viable. Within a few years, companies such as Exxon, Gulf Oil, Standard Oil, Texaco, Atlantic Richfield, Phillips Petroleum, Continental, Occidental Petroleum, Quaker Oil and Coastal Energy became the owners of some coal properties in Utah. be 1973-199- 6 Coal producing companies began to consolidate and become more productive and stronger financially. Today, there are only a handful of coal mines in Utah. Coastal operates three coal mines in Utah, acquiring the Skyline reserves in 1978. In 1979, Getty Mineral Resources Company became a percent joint venturer with Coastal in order to share 50 development costs. Skyline has evolved into a major Utah coal producer. Skyline installed the first longwall in 1986, increasing annual production capacity to more than two million tons. A sec- - BANK of UTAH MORTGAGE SERVICES Real Estate FI I A - VA facilitys and owns three more mines which are not active. UP&Ls involvement in coal mining began in 1972 with the acquisition of the Deseret production facility from the Church of Jesus Christ of Latter-daSaints. CastleGate as coal supplier for the Carbon, Gadsby and Hale power plants. Management of the mining operaday-to-da- tions at Deseret was contracted out to American. In 1969, Peabody Coal Company as lease holder of y Deseret replaced North approximately nine miles northeast of Wellington. The the property and Malcolm McKinnon as contractor American Coal Company at proposed portal is on fee property placed at an elevation of 7,075 feet. Both Soldier Canyon and the proposed Dugout Canyon mines are within the same contiguous leasehold property located entirely in Carbon County. Soldier Canyons history s dates to the when a group of Carbon County residents opened the mine on a federal lease. Since its development by the initial investors, Soldier Creek has had three owners, including CSEC most recently. mid-1980- y opened up Deer Creek mine. In 1976, UP&L purchased Deer Creek and Wilberg mines from Peabody, securing coal reserves for the I lunting-to- n and Hunter power plants. American Coal Company was retained as independent contractor to operate the mines. continued on page 24 CABLEVISION Aim' Includes Disney Channel With Basic Service! Subscribe Now and Cable installation is Half Price With a Premium Service 40-ac- re CALL TODAY! ' California Portland Cement Company purchased the mine in 1975 to fuel its cement kilns in California and Arizona. Portland Ce- 435-637-68- 13 Subscribe Now And Cable installation Is EKlsaBG ment merged with Conrock of California to form CalMat in 1984 and sold the mine to a subsidiary of Sun Company Incorporated in 1985. Sun purchased the property because of its strategic location relative to the companys adjacent coal reserves in the Book Cliffs field in 1981 from Pacific Gas and Price With a Premium Service --- Very Low Competitive Rates You wont he automatically turned down because of past eredit problems. Company. The property encompassing Soldier Canyon mine and the undeveloped Eureka portion was incorporated as Sage Point Coal Company under Sun. Sage Point is the parent of Soldier Creek. Soldier Creek has a current production capacity of one million tons of coal annually and employs continuous miners with continuous haulage. PacifiCorp (UP&L) operates two underground coal CHANNEL The Magic Is What Happens To You. www.dlsney.com Hurry! Offer Ends Dec. 31 Serving the community for over 15 years. , 1 , 998. Serviceable Areas Only. Certain Restrictions Apply. VINYL LETTERING SPECIALISTS Banners Window Lettering Automotive Bug Guards Boat & RV Decals Magnetic Signs Small Back-li- t Decals Signs State of the Art Computer Design Service Gerber Edge - Full Color Technology Shadows, Fades, Photos, Etc. 29 N. 600 K Price, I IT 81301 6:57-330- 3 w Electrics Eureka Energy Financing is Our Specialty! Free CONVENTIONAL CONSTRUCTION Refinance Purchases ond longwall was added in late 1991. Soldier Creeks Banning rail loadout is located 18 miles southeast of the mine on the Sunnysidede spur of the Southern Pacific Railroad. A second proposed mine is located in Dugout Canyon, 1584 W. 1250 NO., PRICE, UT TbllFree WE USE GENUINE 1 3M PREMIUM VINYLS... B |