COMPANY ACTIVITY

Rain fails to dampen New Hope result

DESPITE wet weather having a negative impact on New Hope’s Queensland coal mining operations during the October quarter, saleable coal production was only slightly lower than the prior corresponding period with the operations able to use raw coal inventory that had been accumulated during the winter months.

Lou Caruana
New Hope's Acland mine in Queensland.

New Hope's Acland mine in Queensland.

  The company reported total saleable coal production of 2.3 million tonnes for the quarter and 2.1Mt of total coal sold, which was 16% higher than the previous corresponding period.   “Coal sales...

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