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    coal investing

    Universal Bioenergy Begins Production and Coal Mining at Whitesburg Mine

    Charlotte McLeod
    Mar. 05, 2012 10:25AM PST
    Industrial Metals Investing

    Universal Bioenergy Inc. (OTC Pink:UBRG) announced that the Whitesburg Friday Branch Mine, in which Universal has a 40 percent stake, has now started full production and coal mining operations.

    Universal Bioenergy Inc. (OTC Pink:UBRG) announced that the Whitesburg Friday Branch Mine, in which Universal has a 40 percent stake, has now started full production and coal mining operations.

    As quoted in the press release:

    Whitesburg has begun to drill and blast two areas of the mine, and to remove the overburden of soil and rock from the coal by means of explosives, which is then removed by heavy power loaders and trucks. The overburden of rock and soil has been removed to expose the coal seam to make the coal accessible, which is drilled, fractured and systematically mined in strips. Coal is expected to be on the ground this week. The coal will then be loaded on to large trucks for transport to the customers.

    Click here to read the full Universal Bioenergy Inc. (OTC Pink:UBRG) press release.

    coal investing
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