INTERNATIONAL COAL NEWS

Mine output to kick-in for NRP

INCREASED mine production and coal transportation throughput will propel master limited partnersh...

Staff Reporter

NRP chief Nick Carter said these factors, combined with lessees reporting increased sales prices on both metallurgical and steam coal, would add to increased revenues and distributable cash flow this year.

Total revenues are also forecasted to increase over 20% from the current 2007 guidance to $242-277 million.

About 75% of total revenues will be generated from coal royalties, ranging from $187 million to $207 million based on royalties of between $3.09 and $3.27 per ton.

Production volumes are expected to be 57-67 million tons and are more heavily weighted towards the second half of the year, as new mines ramp up production.

Transportation fees are forecast to nearly triple in 2008 to $14-16 million.

About 23% of NRP's production and 30% of its coal royalty revenues should be derived from metallurgical coal, with the increased percentage in anticipated revenues resulting from improved pricing.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions