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Open cast opens up

27th January 1994
Page 7
Page 7, 27th January 1994 — Open cast opens up
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Coal sites in Durham, Derbyshire and Nottingham are to be opened up this year by RJ Budge, using drivers from its newly-acquired NorthEastern based haulier, R & A Young Mining.

Work is to start in the spring at an opencast coal site at Whitwell in County Durham, Around the some time, RJB Mining will reactivate Clipstone Colliery, near Worksop which had been mothballed by British Coal prior to this week's sale to RJB.

In the summer work will start at a site at Spinkshill in Derbyshire.

RJ Budge bought R & A Young Mining just before Christmas for £5.1m which included £1.45m cash and £3.65m in bank debt.

Included in the deal were 60 trucks and 55 directlyemployed drivers. RJB and Young's own mining operations formed the bulk of the former company's workload prior to acquisition.

Mining company H J Banks is about to open a site at Ashton in Makerfield.

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