Banks Mining

Banks Mining (H J Banks Mining) is a UK company that operates the Shotton and Brenkley coal mines in Northumberland. The company claims to mine around one million tonnes of coal each year. The Shotton coal mine is situated on the Blagdon Estate, owned by hereditary peer Matt Ridley. Ridley is an advisor to climate science denial campaign group, the Global Warming Policy Foundation. The Banks Group, which owns Banks Mining as well as a renewables company and other organisations to serve the operations such as transport and property, made £10.9 million in operating profit in 2016, down from £17.9 million in 2015. The group’s main director, Harry Banks, took home £2.13 million in dividend payments in 2016, according to documents filed with companies house.