Sinking export prices hit Bathurst

LOWER export coal prices were the key driver of a decrease in revenue and other key financial metrics for Bathurst Resources in the six months to December.

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Sinking export prices hit Bathurst Sinking export prices hit Bathurst Sinking export prices hit Bathurst Sinking export prices hit Bathurst Sinking export prices hit Bathurst

Bathurst Resources met coal mines in New Zealand have received less for their coal production because of lower prices.

The New Zealand producer reported revenues of NZ$129.3 (A$123.9) million for the period compared to $140.4 million previously and net profit after tax of $14.5 million compared to $25.4 million.