02
Oct
04:20
Coronado cuts coal output guidance amid mine challenges
Australian coal miner Coronado Global Resources has revised down its saleable coal production guidance for fiscal year 2023 (FY23), given the geological and operational issues experienced in the September quarter at Buchanan and Curragh mines, Kallanish notes.
The firm says saleable coal production has been cut to 16.2-16.4 million tonnes from 16.8-17.2mt previously.
During the September quarter, mining activities at the Buchanan mine were tempora…
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Very good overview of the weekly steel market.
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