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miningbusiness.net – Tigers Realm Coal: FY19 Production jump flagged on FY18 $11M profit

Australia-based Tigers Realm Coal has flagged a big jump in Dec 2019 year (FY/CY19) coking coal production/sales from its new Amaam Coal Basin Mine in far east Russia after posting a FY/CY18 profit of $A10.9M. A transitional explorer-to-producer Dec 2018 (FY/CY18) 3rd year of operation has seen TIG lift production expectations from its Amaam mine, in the Chukotka Autonomous District, from 576,000t in FY/CY18 to 680,000t-750,000t in FY/CY19, with sales up from 393,000t to 650,000t-720,000kt.