Forbes & Manhattan Coal Corp Produces 363,000 Tonnes In Q4

Forbes & Manhattan Coal Corp. (TSX:FMC) announced that total run of mine production (ROM) for Q4 was 363,000 tonnes.

As quoted in the press release:

Total run of mine production (ROM) for the fourth quarter of 2013 was 363,000 tonnes, a 48% increase over the 246,000 tonnes produced in the third quarter of 2013 and a 20% increase over the fourth quarter of 2012. Total saleable production for the fourth quarter of 2013 was 213,000 tonnes (excluding bought in tonnes), a 40% increase from the previous quarter of 152,000 tonnes and an 8% increase over the fourth quarter of 2012.

Forbes’ President and CEO, Stephan Theron, said:

We have resumed a healthy pace of production and our fourth quarter results reflect the consistent growth the company has achieved up to the third quarter, where production was lost as a result of a four and a half week labour disruption. The company has made a strong recovery from the third quarter, and with a record February in ROM production, we are starting the 2014 fiscal year in a strong position. Forbes Coal remains focused on diligent operational efficiency.

To view the full press release, click here.