COMPANY ACTIVITY

Debbie swells Stanmore stockpile

DELAYS to the Goonyella Rail Network in Queensland following Tropical Cyclone Debbie in late March lead to Stanmore Coal’s stockpiles reaching 432,000 tonnes in June.

Lou Caruana
Stanmore Coal's Isaac Plains dragline.

Stanmore Coal's Isaac Plains dragline.

The company said it expected to convert a large proportion of the 320,000t of run-of-mine and product coal inventories on hand at June 30 into cash in the September quarter. “In December 2016 the company...

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