Whitehaven Coal revises its production guidance

Company News

by Jessica Ellerm

Whitehaven Coal Limited (ASX:WHC) has announced it has issued a revised production guidance for its Narrabri longwall operation.

New full year run-of-mine (ROM) is now expected to now be in the range of 7.5Mt to 7.8Mt.

The revised guidance has been made due to production impacts associated with adverse geotechnical conditions in a discrete area of the mine.

Despite this revision, Whitehaven remains on target to achieve its FY2017 saleable production guidance range.

Whitehaven Coal Limited reported a net profit of $20.5 million dollars at 30 June 2016.

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