CAPITAL MARKETS

Centennial's $15m downward spiral

CENTENNIAL Coal has reported a $A15.1 million loss for the first half of 2007, following a $34.1 million after-tax charge from the planned closure of Newstan and continued ventilation problems at Tahmoor.

MiningNews.Net
Centennial's $15m downward spiral

“Clearly, the impact of Newstan (and the central coast restructure) together with Tahmoor’s lower than expected first-half performance has significantly overshadowed the strong positive contributions from...

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