Hillsborough Provides Quinsam Mine Update
Hillsborough Resources Ltd. recently
provided an update on thermal coal production
at its wholly-owned Quinsam
mine. The full year of production to end
December 31, 2007, is now forecast to
be 715,000 metric tons (mt) run-ofmine
yielding 472,000 mt of clean
product, all of which is committed to
customers. For 2008, Hillsborough is
budgeting production of 630,000 clean
product mt from the current underground
mine in 2008. Of this tonnage,
an estimated 230,000 product mt are
expected to be sold into the thermal
export market. Recent financing has
allowed the company to initiate further
plant improvements and upgrades that,
when completed, will improve coal
recoveries. Additional production from
other sources is under evaluation. While
Hillsborough experienced some challenges
in 2007 relating principally to
lengthy power outages, the company
looks forward to recouping this year’s
production shortfall in 2008.
As featured in Womp 07 Vol 9 - www.womp-int.com