Continental Coal exceeds September quarter monthly average coal production at South African mines

Continental Coal (ASX: CCC) has achieved an 18% increase on the average monthly tonnes of run of mine coal production for November, compared to the September quarter, at the Vlakvarkfontein Coal Mine in South Africa.

The mine produced 111,142 tonnes, with 105,807 tonnes of thermal coal sales made to the South African domestic market during the month.

Thermal coal sales from the mine in October and November totalled 222,929 tonnes and the operation is on track to exceed 300,000 tonnes of sales for the December quarter.

The Ferreira Coal Mine also exceeded the previous quarter’s average monthly tonnes of run of mine production in November with a 3% increase to 61,660 tonnes.

The Delta Processing Operations processed a record total of 102,090 tonnes for the month, a 17% increase on the average monthly plant feed rate in the previous quarter.

Railings to the Richards Bay Coal Terminal from Continental’s Anthra Rail Siding for the month totalled 52,845 tonnes of high quality export thermal coal.

Railings in October and November totalled 117,036 tonnes and is equivalent to 90% of the total tonnage railed in the September quarter.

Meanwhile, South African engineering, contracting and construction services contractor Murray & Roberts has commenced mobilisation to the Penumbra Coal Mine site to begin development of the twin declines.

Construction of the new workshops, change houses and decline development will begin after the Christmas break.

Earthworks contractor Leomat has begun the construction of the in pit concrete access ramp to allow accelerated decline development.

Continental is also in the process of awarding the tenders for the construction of the power line from the sub-station at the Delta Processing Operations to the Penumbra Coal Mine site and for the construction of the base for the co-disposal dam for the discard material from the wash plant.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/23505/continental-coal-exceeds-september-quarter-monthly-average-coal-production-at-south-african-mines-23505.html