ASX-listed miner, Tigers Realm Coal Limited (ASX: TIG), has completed its transition from explorer to producer with strong FY18 production and financial results as well as the affirmation of its FY19 guidance, forecasting increased production and sales volumes.
In just its third year of operation, production at TIG’s Amaam Coal Basin mine in Russia’s Chukotka Autonomous District is forecast to increase from 576kt in FY18 to 680-750kt in FY19. Sales volumes are forecast to increase from 393kt to 650kt-720kt.