Company News Summary
Whitehaven Coal Provides December 2012 Quarterly Activities Report
Original announcement: December Quarterly Report 2012
Whitehaven Coal provided its December 2012 quarterly activities report, reporting that the company's ROM coal production during the quarter was 2.367Mt on a 100% basis, up 96% on the previous corresponding period, with saleable coal production of 1.991Mt, up 79% on the previous corresponding period. The company also reported that the Narrabri ramp-up is progressing with 1,063 thousand tonnes produced in Q2; Maules Creek development was approved by the NSW Government, with EPBC approval awaited from the Federal Government; the corporate re-financing process including a $1.2bn facility was completed December 2012; a long term rail haulage contract was entered into with Aurizon; and Sunnyside mine was on care and maintenance, with Werris Creek to expand.
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