Largest Uk Mine Producer Trebles Its Pre-Tax Profits ; Energy
Birmingham Post › September 06, 2007
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Summary
The UK's biggest coal producer said yesterday that it had almost trebled interim pre-tax profits as its move into property development helped to offset continued declines in deep mining.
UK Coal reported a loss of pounds 15.3 million in its deep mining division in the first half of the year, hit by a halt in production at its Daw Mill mine in the West Midlands.See the full content of this document
Extract
Largest Uk Mine Producer Trebles Its Pre-Tax Profits ; Energy
However, the company said the mining business had now picked up and new chief executive Jon Lloyd was bullish about its long-term prospects.
"We see deep minin...See the full content of this document
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