Coronado Responds to Media Reports
Key points
- Minor roof fall at Buchanan Complex in U.S., not a 'coal seam collapse'
- Roof stabilized, production resumed with immaterial impact
- Buchanan has dual longwalls, southern district continued operating
Full summary
Coronado Global Resources Inc. (ASX: CRN) has responded to recent media reports that included unverified claims and speculation across several unrelated topics. The company confirms that there was a minor roof fall at an intersection in the northern district of the Buchanan Complex in the U.S. The fall was well away from the coal face and did not amount to a 'coal seam collapse'. The roof has now been stabilized, and production has recommenced in the northern district with immaterial production impact. Buchanan has dual longwalls, operating in both the northern and southern districts of the mining complex, and the southern district continued to operate throughout the incident. Coronado remains in compliance with its continuous disclosure obligations and will continue to keep the market informed as required.
Summary generated by a large language model. Please interpret with care.