13th Aug 2015 08:00
LONDON (Alliance News) - Anglo Pacific Group PLC on Thursday said it has received production guidance for the Narrabri coal mine in New South Wales in Australia.
Whitehaven Coal Ltd, the operator of the mine, said its guidance for run of mine production from Narrabri in the next year is 6.6-6.8 million tonnes of coal.
Anglo Pacific said the guidance is higher than the 6.5 million tonnes it expected and said the royalty from the project continues to exceed its expectations.
Shares in Anglo Pacific were untraded early Thursday, having last traded at 88.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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