SURFACE

Lower volumes erode Stanmore's profitability

HIGHER operating costs resulting from lower production volumes have eaten into Stanmore Coal's interim earnings and revenues - leading to a 194% and 57% decline respectively.

Isaac Plains introduced downsizing of fleet size to control costs from the challenging prevailing market conditions.

Isaac Plains introduced downsizing of fleet size to control costs from the challenging prevailing market conditions.

For the six months to June, the company reported revenues of $93.7 million and a loss of $15.4 million.    The decrease was driven by a $38.40/t drop in the Australian dollar realised price to an average...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

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