https://www.miningweekly.com

Isaac Plains delivers strong quarter

20th July 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Coal miner Stanmore Coal has reported a record June quarter, with production up 59% on the previous quarter.

The Isaac Plains mine, in Queensland, produced 564 000 t run-of-mine (ROM) coal during the three months to June, which was up from the 355 000 t produced in the previous quarter.

Saleable coal production was up 70% during the same period, from 230 000 t to 392 000 t.

During the quarter under review, Stanmore sold 265 000 t of semi-soft coking coal, with the average shipped price for coal during the quarter reaching $152/t. No thermal coal was sold during the quarter.

Stanmore told shareholders on Thursday that the company has renewed sales contracts with its Japanese and Korean customers, at a total contracted volume of 800 000 t.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Sika South Africa
Sika South Africa

Sika South Africa is a trusted partner for the nation’s infrastructure, commercial, residential, and industrial sectors.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.049 0.929s - 110pq - 2rq
Subscribe Now