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Paringa Sets Sales Record



October 8, 2019 - Coal miner Paringa Resources has reported a record sales quarter in the three months to September, with sales revenue reaching A$5.7-million.

Coal shipments during the September quarter also increased to 136 000 t, compared with the 26 000 t shipped in the June quarter, as production from the Poplar Grove operation, in western Kentucky, continues to ramp up.

Paringa told shareholders on Tuesday that further increases in coal sales were expected in the December quarter, as Poplar Grove production continues to increase.