01
Aug
01:58
Stanmore reports higher coal sales in June quarter
Australian miner Stanmore Resources says its June quarter run-of-mine (ROM) coal mined, saleable production and total coal sales, are in line with its annualised guidance range.
Kallanish notes from its statement that its total sales in the June quarter increased to 3.5 million tonnes from 3.3mt in the March quarter. This brought its half year coal sales to 6.9mt, up from 5.9mt in June 2023.
Meanwhile, the firm’s ROM coal mined for the quarter also rose to …
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Very good overview of the weekly steel market.
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