Wesfarmers release quarterly statement of production
Published by Louise Mulhall,
Editorial Assistant
World Coal,
Overburden removal for the quarter ended 31 March 2017 was 2.1% higher than the previous quarter, driven by improved performance of the overburden removal fleet.
Coal production for the quarter was 3155 000 t, 1.5% lower than the previous quarter. Metallurgical coal production of 2268 000 t was in line with the previous quarter and steaming coal production of 887 000 t was 4.7% lower than the previous quarter. For the 12 months to 31 March 2017, metallurgical coal production increased by 11.2% to 8 326 000 t and steaming coal production increased by 10.8% to 3612 000 t.
Production and sales volumes for the fourth quarter ended 30 June 2017 are expected to be affected by the impacts of Cyclone Debbie on mine and rail operations. As a result, export metallurgical coal sales volumes for the 2017 financial year are expected to be at the lower end of the previously guided range of 8.0 to 8.5 million t, subject to production, rail availability and shipping.
Development
There was no significant development activity during the quarter.
Exploration
There was no significant exploration activity during the quarter.
Bengalla
Production Wesfarmers’ share of coal production for the quarter was 764 000 t, 15.3% below the previous quarter as the operations progressed through a less productive area of the mine sequence. For the 12 months to 31 March 2017, Wesfarmers’ share of coal production decreased by 1.3 % to 3264 000 t. Development There was no significant development activity during the quarter. Exploration There was no significant exploration activity during the quarter.
Read the article online at: https://www.worldcoal.com/coal/27042017/wesfarmers-release-quarterly-statement-of-production/
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