Less Ads, More Data, More Tools Register for FREE

Pin to quick picksATC Music Group plc Regulatory News (ATC)

Share Price Information for ATC Music Group plc (ATC)

Share Price is delayed by 15 minutes
Get Live Data
170.00    2.50 (1.49%)
Bid:
165.00
Ask:
175.00
Spread: 10.00 (6.061%)
Market Cap: £40.48m
ATC Live PriceLast checked at - London Stock Exchange

Intraday ATC Music Group plc Share Chart

Production Update

18 Apr 2012 12:30

RNS Number : 5953B
Atlantic Coal PLC
18 April 2012
Ā 



Atlantic Coal plc / Index: AIM / Epic: ATC / Sector: Mining

18 April 2012

Atlantic Coal plc ("Atlantic" or the "Company")

Production Update

Ā 

Atlantic Coal plc, the AIM listed open cast coal production and processing company with activities in Pennsylvania, USA, is pleased to announce a production update for the three months ended 31 March 2011 from the Stockton Colliery ("Stockton"), its opencast anthracite operation in Pennsylvania.

Ā 

Production at Stockton increased 12% to 31,729 tons of clean coal during Q1 2012 compared to the equivalent period in 2011 (Q1 2011: 28,376). During the period Atlantic removed 715,691 bank cubic yards ("BCY") of overburden (Q1 2011: 658,785). 85,911 tons of run of mine coal was washed (Q1 2011: 62,000).Ā 

Ā 

Demand for Stockton's high quality anthracite remains strong with production from Pennsylvanian anthracite mines struggling to meet demand. As a result there has been a substantial increase in the average sale price of Pennsylvanian anthracite with a Q1 2012 average price of $166.30 per ton compared with a Q1 2011 price of $134.25, an increase of approximately 24%.

Ā 

Production Summary:

Ā 

Run-of-mine washed (tons)

Overburden

Removed (bank cubic yards)

Clean Coal Production

(tons)

Average

Price per ton (US$)

85,911

715,691

31,729

166.30

Ā 

Atlantic Managing Director, Steve Best, said, "I am pleased to report that production at Stockton during the first quarter of 2012 has been steady and that we have experienced an increase in comparison to Q1 2011. As announced earlier today, the railroad diversion is now complete allowing the working of over approximately 1.0 million tons of coal of previously unworkable reserves, which will enable us to increase production at the mine over the coming months."

Ā 

**ENDS**

Ā 

For further information on the Company, visit www.atlanticcoal.com or contact:

Ā 

Steve Best

Atlantic Coal plc

Tel: 020 3328 5670

Nick NaylorĀ 

Allenby Capital Limited

Tel: 020 3328 5656

Mark Connelly

Allenby Capital Limited

Tel: 020 3328 5656

Simon Leathers

Fox-Davies Capital Limited

Tel: 020 3463 5010

Andy Frangos

Cornhill Capital Ltd

Tel: 020 7710 9618

Hugo de Salis

St Brides Media & Finance Ltd

Tel: 020 7236 1177

Elisabeth Cowell

St Brides Media & Finance Ltd

Tel: 020 7236 1177

Ā 

Ā 

This information is provided by RNS
The company news service from the London Stock Exchange
Ā 
END
Ā 
Ā 
MSCLLFLLSFITLIF
Date   Source Headline
3rd Jun 20267:00 amRNSAnnual Results and Notice of AGM
31st Mar 20265:00 pmRNSTotal Voting Rights
10th Mar 20267:00 amRNSAcquisition of Push Media Ventures and Cirkay
26th Feb 20267:00 amRNSYear End Trading Update
16th Jan 20261:32 pmRNSChange of Company Website
15th Jan 20261:53 pmRNSChange of Name
7th Jan 20267:00 amRNSGrant of Options and UK Office Lease Renewal
31st Dec 20251:00 pmRNSTotal Voting Rights
31st Dec 20251:00 pmRNSTotal Voting Rights
22nd Dec 202512:15 pmRNSHolding(s) in Company
22nd Dec 202512:15 pmRNSHolding(s) in Company
18th Dec 202510:45 amRNSHolding(s) in Company
17th Dec 20257:01 amRNS-RROAM awarded Booking Agency of the Year
17th Dec 20257:00 amRNSAdmission to AIM and completion of fundraising
20th Jan 20165:59 pmRNSImplementation of quality management systems
11th Jan 20164:45 pmRNSResult of General Meeting
21st Dec 20157:30 amRNSSuspension of Trading on AIM and Notice of GM
21st Dec 20157:30 amRNSSuspension - Atlantic Coal Plc
2nd Dec 20157:00 amRNSNotice of requisition of General Meeting
25th Nov 20157:08 amRNSCancellation of OTCQX listing
23rd Nov 20157:00 amRNSDirector dealing
9th Nov 20157:00 amRNSStockton Mine Update
8th Oct 20157:00 amRNSFurther Trading Update
1st Oct 20157:00 amRNSTrading update & Q3 2015 production & sales update
30th Sep 20155:15 pmRNSTotal Voting Rights
29th Sep 20159:43 amRNSDirector Dealing
11th Sep 201512:00 pmRNSIssue of Equity
27th Aug 20157:01 amRNSHalf Yearly Report
14th Aug 20157:00 amRNSNew rail loading facility
23rd Jul 20157:00 amRNSQ2 2015 Production and Sales Update
30th Jun 20154:45 pmRNSResult of AGM
30th Jun 20157:31 amRNSH1 2015 production and sales, Stockton, update
8th Jun 20157:00 amRNSFinal Results and Notice of AGM
26th May 20157:01 amRNS37% increase in Stockton mine reserves
14th May 20155:00 pmRNSStatement of resignation of company secretary
9th Apr 201512:02 pmRNSDirector dealing
7th Apr 20157:00 amRNSQ1 production & sales and Stockton update
13th Mar 20157:00 amRNSPurchase of Equipment in Partnership with Komatsu
27th Feb 20152:30 pmRNSHolding(s) in Company
7th Jan 201512:50 pmRNSRecord production at Stockton Mine
12th Dec 201410:51 amRNSDirector/PDMR Shareholding
20th Nov 20147:00 amRNSDirector/PDMR Shareholding
7th Oct 20147:00 amRNSQ3 2014 Production and sales update
6th Oct 20146:25 pmRNSDirectorate Change
24th Sep 20147:00 amRNSHalf Yearly Report
8th Aug 20142:30 pmRNSLoan Repaid and Swap Completion
1st Aug 20147:00 amRNSDirector Shareholding
31st Jul 20147:00 amRNSHolding in Company
16th Jul 20149:15 amRNSDirector Shareholding
7th Jul 20147:00 amRNSQ2 2014 Production and Sales Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.