Gloucester remains steady despite port delays

GLOUCESTER Coal’s production remains strong and mining and processing operations continue to perform to expectations in the first quarter 2007, but high vessel queuing at Newcastle is causing delays to sales and increasing demurrage costs, according to the company.
Gloucester remains steady despite port delays Gloucester remains steady despite port delays Gloucester remains steady despite port delays Gloucester remains steady despite port delays Gloucester remains steady despite port delays

Courtesy Gloucester Coal.

Staff Reporter

“The vessel queue resulted in delays of more than 10 days to Gloucester Coal shipments; however, we are expecting a good December quarter with strong sales commitments and indications from customers,” Gloucester said.

Duralie coal production and overburden removal continued to reflect the higher productivity levels Leighton Mining is achieving at the Duralie site, with 488,000 tonnes of run of mine (ROM) coal railed to Stratford (1.95 million tonnes annualised) during the quarter.

Total ROM coal delivered to the Stratford Preparation Plant reached 809,000t, compared to 698,000t in the same period of 2005.

Gloucester said it is planning to process 3.2Mt of coal at the preparation plant for the 2006-07 financial year, and is on target to achieve that figure.

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