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04 Nov
02:52

Bathurst Resources maintains EBITDA guidance

New Zealand coal miner Bathurst Resources says it is on track to reach its full year earnings before interest, taxes, depreciation, and amortization (EBITDA) guidance of NZD 120m to NZD 130m ($69.49m to $75.28m) The company’s coal sales guidance for FY23 stood at 1.44 million tonnes, Kallanish notes. As for the September quarter, the group’s coal production and sales totalled 285,000t and 319,000t, respectively. This translated into a coal sales rev…
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