April 19 (Reuters) - Australia's Whitehaven Coal (WHC) posted a 2.3% rise in its third-quarter production on Friday, underpinned by strong performance at its Maules Creek and Gunnedah open cut mines.
The country's top independent coal miner said its managed run-of-mine (ROM) coal production for the three months ended March 31 was 4.4 million tonnes (Mt), compared with 4.3 Mt a year earlier.
The coal miner also indicated that a near 20% stake sell-down process at its recently bought Blackwater mine from BHP Group (BHP) is underway.
News: WHC Whitehaven Q3 ROM coal output up over 2%; Blackwater stake sell-down underway
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Last
$5.52 |
Change
0.050(0.91%) |
Mkt cap ! $4.618B | |||
| Open | High | Low | Value | Volume |
| $5.48 | $5.57 | $5.45 | $29.26M | 5.305M |
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| 1 | 2400 | $5.52 |
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| Price($) | Vol. | No. |
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| WHC (ASX) Chart |