London, United Kingdom, 21 Dec – The first shipments of 10,650 tons of thermal coal mined by the Beacon Hill Resources mining group in Mozambique departed from the port of Beira, in Mozambique’s Sofala province, this week the chief executive of the group’s subsidiary BHR Mining said.
Peter Wilson also said that the company expected to start exporting coking coal in the first quarter of 2012, which would go to the same export markets as the thermal coal that had just been exported, which means it will be loaded onto truck to be transported from the Moatize Mines to the port of Beira.
The CEO of BHR Mining also said that a feasibility study to expand the mining project was in its final stages. The project will increase the capacity of the coal washer from 120 tons per hour at the moment to between 350 and 400 tons.
Meanwhile, an agreement was signed with South African group Basil Read for exploration of the mine and BHR Mining intends to increase production over the next 12 months to 4 million tons per year out of the mine in order to obtain 2.35 million tons of coal that can be both sold on the Mozambican market and for export.
Projected production includes 920,000 tons of coking coal and 880,000 tons of thermal coal, and the remaining coal will be sold at the mine itself or exported to neighbouring countries. (macauhub)