On__http://www.westerncoal.com/15 Feb 2008 11:34
Western Canadian Coal Announces...Third Quarter 2008 Operating Results
Vancouver, B.C. February 14, 2008 - Western Canadian Coal Corp. (TSX WTN &
WTN.DB; AIM: WTN) (or the 'Company') is pleased to announce a strong improvement
in the current quarter as a result of a 5% reduction in cash costs, 11% increase
in production and improved coal prices realized. Operating losses have
diminished by 40% during the current quarter as compared to the second quarter
2008. 'The productivity improvement plan established last quarter has resulted in
improved operations and lower costs. While much work still needs to be done, I
am pleased to see that we are heading in the right direction,' said John W.
Hogg, President and CEO. 'Being a northeast BC coal producer with underutilized
rail and port capacity, our mines are well positioned to take advantage of the
anticipated record coal prices next year, which maybe as much as 100% higher
than current coal year contracts.'