Reported to be suspending production of one of the underground mining units at its metallurgical coal mine. The decision was a direct result of the current global coking coal market conditions, as a consequence, annualised metallurgical coal production will be reduced by approximately 300,000 tons.
December 31, 2008
For the half year ended reported produced 332,000 short tons, an increase of 200% on the previous year. Underground mine production accounted for 55% of the total while surface mine production accounted for 45% for the six months. All underground mine production was sold into metallurgical coal markets while all surface mine production was sold into the thermal coal markets.
September 30, 2008
Reported to have produced a total of Marketable Total Coal of 136,000 short tons.
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