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Production pruning - Consol plans to trim coal production
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Friday, 05 Jun 2009
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Coal producer Consol Energy said that it's cutting 2009 production guidance due to weak demand.

Consol announced that it now expects to produce 60 million tonnes of coal this year, down from 62 million.

Consol said that production is being cut at its Blacksville No 2 mine in northern West Virginia. The mine's longwall a high efficiency mining machine was idled Tuesday and will remain out of service through July 18.

Consol earlier said that it was idling a mine in eastern Kentucky and another in southern West Virginia July 1.

The company said that it plans to resume production at its Buchanan mine in southwestern Virginia in mid-July.

(Sourced from AP)

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