Total Funding
27
36
Total FundingPost-IPO Debt raised
Growth Score
-4 pts
Heat Score
-15 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
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269071
Paringa Resources is an emerging US based energy provider developing the high margin.
About the Company
Paringa Resources is an emerging US-based energy provider developing the high margin, low capex Buck Creek Mining Complex located in the growing Illinois Coal Basin. The Buck Creek Mine Complex includes the fully financed and permitted 2.8 Mtpa Poplar Grove Mine with construction starting mid-2017 and first coal expected mid-2018. Once Poplar Grove
is constructed, Paringa will begin construction of the permitted 3.8 Mtpa Cypress Mine by early 2019, ultimately becoming the next major Illinois Basin coal producer.
