MANAGEMENT

Curragh, Buchanan issues cause Coronado to cut guidance

MECHANICAL issues with a dragline at Coronado Global Resources’ Curragh mine in Central Queensland have been partly to blame for the company downgrading its guidance for the 2023 financial year.

 Dragline issues are affecting Curragh production.

Dragline issues are affecting Curragh production.

Coronado works on a financial year ending December 31. It had expected saleable production of 16.8 million tonnes to 17.2Mt for FY23. That has been cut to 16.2-16.4Mt. Average mining costs per tonne...

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