Increased focus on waste movement and pit development paying off.
Contract completion is anticipated to be in January 2021.
The smaller increase in saleable production was due to a 2% lower yield on open cut coal.
Moving overburden within the pit will see reduced haul lengths
Stanmore is mindful of the potential for volatility as a result of the commodity cycle.
The Bauxite Hills mine has a good month.
The result is an improvement of 181,974t compared to the prior record.
Lower prices could come with the uncertainties and weakness in the global macroeconomic environment.
Bengalla's production rate of 10Mtpa provides an enlarged profitable and sustainable asset base.
A decision to award the Curragh North mining contract is expected in the September 2019 quarter.
Operating margins are robust as prices received for contracted tonnes outperformed spot prices.
The platform is set for the company to continue to grow into a mid-tier coal producer.
Yancoal actively considers the effect that its supply level can have on specific coal markets.
Revenue from continuing operations was $2.3 billion, which was consistent with 1H18.
Unit costs in the 2020 financial year are expected to be between $67/t and $74/t.
Also brought in blast monitoring technology to reduce ore dilution.
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