first qtr coal production

19 October 2006
Company Announcements Office
Australian Stock Exchange Limited
4th Floor
20 Bridge Street
SYDNEY NSW 2000
Via Electronic Lodgement
Dear Sir/Madam
ASX Announcement
Bounty Industries Limited
First Quarter FY07 Coal Production
The Board of Bounty Industries Limited (ASX: BNT) announces that its first
quarter coal production for FY07 was approximately 115,000 run of mine tonnes,
from 1.6 metre coal.
Month ROM Production Commentary
July 30,000 Variable mining conditions; started set up of
new panel of coal for second production unit
August 38,000 Continued variable mining conditions; set up of
new panel for second production unit
completed
September 48,000 Commenced mining in new panel of coal with
start of second production unit; Improved
mining conditions
Background
Bounty Industries Limited is Australia’s only specialist thin-seam coal mining
contract services group. We provide mining solutions and equipment to mineowners
who want to unlock the value of their thin-seam coal reserves.
Bounty is the first Australian company to perfect the technique of mining seams
of less than 2 metres. Our experience is in the use of place change bord and pillar
mining techniques and specialist low profile equipment to extract thin-seam coal
efficiently, making this coal an economically viable resource.
ACN 107 411 067
Level 5
95 Pitt Street
Sydney NSW 2000
T +61 2 8249 8122
F +61 2 9247 8573
www.bounty.com.au
ACN Level 5
Bo unty Industries Limited
Bounty’s techniques can aid mine owners recover thick seam coal that has been
previously found too difficult to recover. The techniques also make it possible to
advance longwall development ahead of and faster than longwall production.
For further information, please contact:
Mark Gray
Managing Director
Tel: 02 8249 8122
Mob: 0412 899 979
Anna Candler
The Six Hats - Investor Relations
Tel: 02 9908 8815
Mob: 0412 99 55 86