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During the three months ending June 30, WCCC received the amended environmental assessment certificate and in July received the amended mine permit, both of which now allow for an increase in production of hard coking coal at Wolverine to 2.4 million tonnes per annum.
Spending on capital equipment and project construction at the project totaled $64.7 million for the quarter.
Sales for the quarter consisted of 320,000t of pulverized coal injection (PCI) coal shipped at an average price of $93.76 ($US83.11) per tonne.
These sales comprised solely PCI coal from the Dillon mine, located within the Burnt River property and included around 175,000t of carryover tonnage from the previous coal year.
With this quarter’s sales, the company achieved an important milestone of $100 million in sales revenues from the Dillon mine over a period of 18 months.
