Coronado production gets rained out

Coronado

Image: Coronado Global Resources

Saleable production for Coronado Global Resources was down 10 per cent on the previous quarter as a result of above-average rainfall across the Bowen Basin in Queensland and the temporary suspension of mining activities at the Curragh coal mine.

Coronado’s Australian operations had 2.6 million tonnes (Mt) of saleable production in the December quarter, compared to 2.8Mt in the September quarter.

Across the Coronado group, saleable production was 17.4Mt for the 2021 financial year, an increase of almost 2 per cent from the previous financial year.

“Coronado completed 2021 with total saleable production of 17.4Mt, exceeding prior year production of 17.0Mt and revised guidance targets of 17.0-17.2Mt,” Coronado chief executive officer Gerry Spindler said.

In November 2021, Curragh suspended operations following an incident in its dragline operations where a 54-year-old worker lost his life.

Operations fully resumed on December 10, 2021, almost three weeks after the incident, when Resources Safety and Health Queensland (RSHQ) lifted the directive to suspend the dragline operations.

Spindler said that no ongoing directives or restrictions on the Curragh mine are in force.

“Coronado continues to provide counselling and support to all employees, contractors and their families,” he said.

“Coronado has complied with all regulatory obligations to investigate and provide a report to RSHQ on the incident.”

On February 1, 2022, installed capacity at the Curragh Main mining area will increase as NRW Holdings’ Golding Contractors will introduce a seventh fleet to the mine for a 12-month period.

The seventh fleet at Curragh builds upon the six fleets currently in operation under a more than $1 billion mining services contract with NRW Holdings.

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