Paciflc Coal'S strategy: Boost production and lower operating costs

摘要

Pacific Coal produced 1.53 million tonnes of thermal coal at its La Caypa and Cerro Largo mines in 2011, just slightly below the forecast level of 1.6 to 1.7 million tonnes. "In terms of margin expansion we are working towards reducing costs on a per tonne basis," Luis Carvajales, CEO at Pacific Coal said. "As royalty payments from La Caypa increased last quarter based on international coal prices, this increased costs significantly.