[5] The remaining 8,000-acre anthracite-rich tract between Jim Thorpe and Tamaqua originally owned by the Lehigh Coal Mine Company is arguably the richest vein of high quality anthracite in the world with the possible exception of the valley floor deposits of the Wyoming Valley.
In 1989, James Curran bought the property and reestablished the Lehigh Coal & Navigation Company brand.
In 2004, the reestablished company was forced into bankruptcy by some of its creditors, and some of its land was at risk of being sold for back taxes.
[10] In 2008, he mainline pioneered by the LC&N are still the mainstay of several key transportation corridors in Northeastern Pennsylvania and operated by Norfolk-Southern, or Reading, Blue Mountain and Northern Railroads.
Lehigh Coal and Navigation Company was cited for environmental regulatory violations,[11] and was fined on several occasions.