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Stanmore posts solid June quarter
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Stanmore Resources provides financing update
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Highlights
Rolling 12 month total recordable injury frequency rate (TRIFR) at 5.1, down from 10.6 in the prior corresponding period.
Rate of mine (ROM) coal mining performance of 514 000 t for the quarter, reflecting a reduction in fleet capacity.
The Isaac Downs environmental impact statement (EIS) assessment report was finalised by the Department of Environment and Science (DES) and posted on the DES website.
Safety performance
During the March quarter, there was one recordable injury at Issac Plains, with no other injuries recorded at Stanmore’s other projects and tenements. The 12 month rolling TRIFR at the end of 1Q21 was 5.1.
Stanmore continued to operated in the quarter with reset and reduced fleet capacity focusing on higher productivity and lower cost mining equipment and on minimising strip ratios and cost.