INTERNATIONAL COAL NEWS

Gloucester racks up solid half-year

GLOUCESTER Coals half-year results showed increased profits for the fledgling Australian producer...

Angie Tomlinson

This article is 20 years old. Images might not display.

December quarter coking coal sales were 32% higher than the corresponding 2004 quarter and export thermal coal sales were 19% higher. Gloucester achieved coking and thermal sales prices of $A133 and $A52 per tonne respectively.

For the December quarter, the Duralie opencut produced 415,000 tonnes and the Bowens Road North opencut recorded output of 244,000t.

Gloucester’s operations also managed to achieve four years of Lost Time Injury Free.

For 2005, Gloucester’s shipping allocation under the Port Waratah Coal Services capacity allocation scheme was 1.823Mt, but the company managed to ship extra coal for no cost by acquiring additional tonnage from other Newcastle producers. Total coal shipped for the year was 1.97Mt.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions