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Rain washes away Curragh guidance

PERSISTENT rain in Central Queensland around Coronado Global Resources’ Curragh coal mine has prompted the company to issue a notice that it will not be able to meet its stated production for FY22 and its cost per tonne of coal guidance for FY22 is also at risk.

Lou Caruana
Persistent rain impacted Curragh production volumes and mining costs per tonne.

Persistent rain impacted Curragh production volumes and mining costs per tonne.

Coronado managing director Gerry Spindler said he remained hopeful both the weather situation and the company's production schedule would improve in 2023. "The record rainfall experienced by Coronado...

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