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The increase was enough to raise the half-year total to 143,756t which is 28% more than the company’s half-year sales a year ago.
CanAm said the increase in year to date sales could be attributed its Birmingham Coal & Coke operation and a return to normal production levels after replacement of a damaged excavator at the Gooden Creek mine.
Second quarter sales improved 15% over the first quarter when negative factors such as management transition at the Powhatan mine and a “considerable” amount of grading and revegetation reclamation work slowed production.
“The planned and unplanned events which held back production for the first six months are now behind us,” CanAm president and chief executive Jos De Smedt said.
“The closing of our acquisition of an additional 30% interest in BCC … the contribution from the planned start-up of our new mines and a return to full production at our existing mines positions CanAm for a very strong second half to the year and into 2013.”
