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
167.50    0.00 (0.00%)
Bid:
165.00
Ask:
170.00
Spread: 5.00 (3.03%)
Market Cap: £39.89m
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
 



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

18 April 2012

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

Production Update

 

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.

 

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). 

 

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%.

 

Production Summary:

 

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

 

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."

 

**ENDS**

 

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

 

Steve Best

Atlantic Coal plc

Tel: 020 3328 5670

Nick Naylor 

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

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCLLFLLSFITLIF
Date   Source Headline
23rd Oct 20085:31 pmRNSDirector Declaration
23rd Oct 20085:20 pmRNSHolding(s) in Company
21st Oct 20087:00 amRNSHolding(s) in Company
2nd Oct 200811:44 amRNSHolding(s) in Company
2nd Oct 200810:30 amRNSTotal Voting Rights and Share Capital
26th Sep 200811:45 amRNSHolding(s) in Company
24th Sep 200812:01 pmRNSInterim Results
23rd Sep 200811:48 amRNSHolding(s) in Company
22nd Sep 20083:10 pmRNSHolding(s) in Company
15th Sep 20083:02 pmRNSIssue of Equity
15th Sep 20087:00 amRNSRaises ?2.1million and Board Restructure
29th Aug 20085:51 pmRNSHolding(s) in Company
27th Aug 20087:00 amRNSHolding(s) in Company
21st Aug 200812:15 pmRNSAppointment of Broker
14th Aug 200810:45 amRNSAGM Statement
31st Jul 20084:31 pmRNSDirector's Disclosure Update
17th Jul 200810:30 amRNSNotice of AGM
17th Jul 200810:30 amRNSSuspension Lifted
17th Jul 200810:30 amRNSRestoration - Atlantic Coal p
17th Jul 200810:30 amRNSFinal Results
27th Jun 20083:15 pmRNSTemporary Suspension
27th Jun 20083:15 pmRNSSuspension - Atlantic Coal pl
13th Dec 20075:05 pmRNSShare Purchase
13th Dec 20074:48 pmRNSWilliam Ransom & Son plc
30th Nov 20074:15 pmRNSSubsidiary Results
21st Nov 20071:09 pmRNSHolding(s) in Company
19th Nov 200711:03 amRNSRestoration of Listing
13th Nov 20072:52 pmRNSEGM Statement
2nd Nov 20075:27 pmRNSSchedule 1 -Summit Resources
30th Oct 20072:37 pmRNSHolding(s) in Company
29th Oct 200711:33 amRNSHolding(s) in Company
17th Oct 20074:23 pmRNSAcquisition of SCG
28th Sep 20077:01 amRNSInterim Results
16th Aug 20072:40 pmRNSChange of Adviser
16th Aug 200711:05 amRNSCompany Website
9th Jul 20073:28 pmRNSChange of Registered Address
27th Jun 20077:00 amRNSFinance facilities extended
11th Jun 20075:01 pmRNSMailing of Annual Report
11th Jun 20079:10 amRNSNotice of AGM
11th Jun 20079:00 amRNSFinal Results
31st May 20072:56 pmRNSBridging finance extension
17th Jan 200712:27 pmRNSExtension of Bridging Finance
14th Dec 20063:41 pmRNSTotal Voting Rights
10th Oct 200612:01 pmRNSSecond Bridge Financing
25th Sep 20065:01 pmRNSInterim Results
12th Sep 200610:23 amRNSBridge Finance Facility
8th Jun 20068:00 amRNSPlacing and Admission to AIM
14th Nov 20057:00 amPRNDividend Declaration
21st Oct 200511:19 amPRN3rd Quarter Results
22nd Sep 20056:00 amPRNDividend Declaration

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.