Forbes Coal Reports First Quarter 2012 Run of Mine Production of 311,000 Tonnes

Forbes & Manhattan Coal Corp. (TSX:FMC,JSE:FMC) announced its most recent quarterly financial results.

The press release is quoted as saying:

The average monthly revenue for the first quarter 2012 was $6.5 million. In fiscal 2011, from the date of acquisition to February 28, 2011 (a seven month period), average monthly revenue was $3.9 million. This represents a 65% increase in average monthly revenue.

Click here to read the entire news release.