Consol production picks up

CONSOL Energy coal mines produced 15.2 million tons during the 2004 third quarter, ending September, improving on the 14.4Mt the company produced during the September 2003 quarter.
Consol production picks up Consol production picks up Consol production picks up Consol production picks up Consol production picks up

Consol longwall operation

Staff Reporter

For the month of September, the company’s mines produced 5.7Mt, up 9% on the 5.3Mt produced the previous September.

The company said coal production improved 7.6% in the September period-to-period comparison primarily due to an improvement in production at McElroy Mine and production from the Loveridge Mine, which was idle in September 2003.

The company also revised its outlook for the quarter, from a forecast loss of US$0.30 - $0.40 per diluted share to US$0.13 per diluted share. The company expects to announce complete results of its first quarter on October 28.

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