Reading Anthracite Company Reading Anthracite Company Reading Anthracite Company is a coal mining company based in Pottsville, Pennsylvania in the United States. It mainly mines anthracite coal in the Coal Region of eastern Pennsylvania. The company owns the Bear Valley Strip Mine in Northumberland County, Pennsylvania. Reading Anthracite Company; origins date back to 1871 when its predecessor, the Philadelphia and Reading Coal and Iron Company (P. & R. C.& I.) was chartered. As a large publicly traded concern, P. & R. C. & I. had diverse industrial interests which revolved primarily around its main business of railroading. P. & R. C. & I.
Anthracite times been futile, and several such combustion areas exist today. The existence of an underground combustion site can sometimes be identified in the winter where fallen snow is seen to be melted by the warmth conducted from below. Proposals for harnessing this heat as geothermal energy have not been successful. A vein of anthracite that caught fire in Centralia, Pennsylvania in 1962 has been burning ever since, turning the once-thriving borough into a ghost town. Among current producers, Russia, China and Ukraine have the largest estimated recoverable reserves of anthracite. Other countries with substantial reserves include Vietnam and North Korea.