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Mining
Investments and offtake agreements in mining operations help diversify Gunvor's trading portfolio
Investments and offtake agreements in mining operations help diversify Gunvor's trading portfolio

Gunvor has made select investments in exploration, appraisal, development and production assets as a part of its strategy of diversifying along the energy supply chain.

Signal Peak Energy
Improving production to better serve North American and Asian customers.
Through our U.S. subsidiary, Pinesdale LLC, Gunvor holds a significant stake in Signal Peak Energy. This is a high Btu thermal coal mine with an extensive 30 year coal reserve plus secured rail and port access. Investments in the mine have improved management, safety and production efficiency to the extent that it now has one of the lowest production cost bases relative to U.S. competitors. As part of a joint ownership group with Boich and First Energy, Gunvor’s trading expertise adds considerable value to the mine. Ownership of the mine enhances our competitive position in the Asian market. Signal Peak Energy serves the U.S. domestic market and customers in Asia via transport links to ports on the U.S. and Canadian western seaboard.
Key Numbers:
Employees
330
Maximum capacity
7 trains
per day of 120 to 150 cars
Raw recoverable reserves (underground)
431
million METRIC tons

Signal Peak Energy

Signal Peak Energy
Improving production to better serve North American and Asian customers.
Through our U.S. subsidiary, Pinesdale LLC, Gunvor holds a significant stake in Signal Peak Energy. This is a high Btu thermal coal mine with an extensive 30 year coal reserve plus secured rail and port access. Investments in the mine have improved management, safety and production efficiency to the extent that it now has one of the lowest production cost bases relative to U.S. competitors. As part of a joint ownership group with Boich and First Energy, Gunvor’s trading expertise adds considerable value to the mine. Ownership of the mine enhances our competitive position in the Asian market. Signal Peak Energy serves the U.S. domestic market and customers in Asia via transport links to ports on the U.S. and Canadian western seaboard.
Key Numbers:
Employees
330
Maximum capacity
7 trains
per day of 120 to 150 cars
Raw recoverable reserves (underground)
431
million METRIC tons