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    coal investing

    Continental Coal February Production Soars 81 Percent at Penumbra

    Investing News Network
    Mar. 25, 2013 04:51AM PST
    Industrial Metals Investing

    Continental Coal (ASX:CCC) announced that February ROM production soared by 81 percent, far exceeding their production forecasts.

    Continental Coal (ASX:CCC) announced that February ROM production soared by 81 percent, far exceeding their production forecasts.

    As quoted in the press release:

    Underground production in February 2013 was approx. 27,311t, a 93% increase on January 2013 monthly underground production of 14,031t. ROM coal production of 19,352t was achieved for the month, an 81% increase on ROM coal production of 10,716t achieved in January 2013. Production increased during the month as more panels were developed in the bord and pillar underground operations and following the commissioning of the second Joy 14HM15 Continuous Miner in the second section.

    To view the whole press release, click here. 

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