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Coronado reports record revenues despite sodden Curragh production

Expectations are that weather patterns will improve in 2023.

Lou Caruana
Despite the impacts of the Bowen Basin rain events, Coronado executed its capital investments in the Curragh mine plan.

Despite the impacts of the Bowen Basin rain events, Coronado executed its capital investments in the Curragh mine plan.

The company reported record net income of $771.7 million, an improvement of $582.3 million, or 307.4%, compared to net income of $189.4 million in FY21. Mining costs per tonne sold of US$88.4 per tonne...

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