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GRANDE CACHE COAL CORPORATION

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TSX:GCE (CAD)  4.18 [-0.04 (-0.95%)] Nov 20 2009 - Close

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Type: Public
Classification: Monitor
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800- 5th Avenue SW, SUITE 1610
Calgary
Alberta
Canada, T2P 3T6
Phone: (403) 543-7070
Fax: (403) 543-7092

Company Summary

Grande Cache Coal is an Alberta based metallurgical coal mining company which was formed in 2000 for the purpose of reactivating coal mining in the Grande Cache area.

Company News

Tuesday, November 10, 2009
Grande Cache Coal Corporation today announced its financial and operating results for the three and six months ended September 30, 2009. Net income earned during the second quarter was $9.3 million, or $0.10 per basic share and $0.09 per diluted share, compared to net income of $47.1 million, or $0.52 per basic share and $0.51 per diluted share, in the same period last fiscal year. For the first six months of the fiscal year, net income was $14.4 million ($0.15 per basic and diluted share) compared to $50.4 million ($0.61 per basic share and $0.59 per diluted share) over the same period last year. Coal sales during the second quarter were 0.36 million tonnes, up slightly from 0.34 million tonnes in the comparable period of the previous year. Sales volumes for the first half of fiscal 2010 were 0.87 million tonnes, representing a 47% increase over 0.59 million tonnes sold during the first six months of last fiscal year.

News Releases

Thursday, August 13, 2009
Tuesday, July 14, 2009
Monday, June 29, 2009

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