Corsa Coal rallies as sales, revenues jump

May 9, 2018

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TSX-V-listed metallurgical coal miner Corsa Coal has reported an 89% jump in first-quarter coal sales, helping to lift revenues 54% year-on-year, as strong export shipments and price realisations led to improved financial results.

The Canonsburg, Pennsylvania-based miner said it sold a total of 557 721 t of metallurgical coal in the three months ended March, as it reported strong growth of its sales market share in both the international and domestic markets.

Category: General