Tigers Realm firmly on track for 2020
PERTH (miningweekly.com) – Coal miner Tigers Realm Coal has maintained its production guidance for the 2020 financial year of 550 000 t, as its operations in Russia remained unaffected by impacts from the Covid-19 pandemic.
Run-of-mine production for the three months to March reached 137 000 t, down from the 288 000 t produced in the December quarter. Tigers Realm did not extract any coal during the March quarter, in line with the company’s mine plan, with only pre-stripping operations carried out.
The company said on Wednesday that the mine plan allowed for cost optimisation during a period in which the weather typically impacted the efficiency of haulage operations.
With no coal loaded during the quarter under review, stockpiled material increased from the 238 000 t at the end of December, to 329 000 t.
Tigers Realm is currently focused on the construction and financing of a coal handling and preparation plant at Amaam North, as part of its plans to sell a higher value product into the semi-hard coking coal markets.
The first module of 150 t/h is targeted for delivery and commissioning to allow for this higher value product to be sold during the 2021 shipping season.
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