Ramp-up Going According to Plan

Forbes & Manhattan (Coal) Corp. is pleased to announce that the Magdalena bituminous mine and the Aviemore anthracite mine have produced an aggregate total of 92,640 Run-of-Mine (“ROM”) tonnes for the month of January 2011 and 97,638 ROM tonnes for the month of February 2011.

Highlights include:

* Production for the two months is 28% higher than the monthly average for the financial year to date. Since acquiring the assets in August 2010, there has been a 34% improvement in production (excluding December 2010 maintenance period). [Read more...]