Guildford Coal to Begin Production at South Gobi Project Mid-Year

Platts reported that Guildford Coal (ASX:GUF) said production at its Mongolia-based South Gobi coking coal project would begin mid-2012.

As quoted in the market news:

Guildford expects South Gobi to have production costs of around $20/mt ROM and forecasts selling prices of around $60/mt for raw semi-soft coking coal.

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