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Whitehaven Coal Limited : Annual Report 2013
72 Whitehaven Coal Limited Annual Report 2013 A key positive performance measure for Whitehaven is the number of safety observations conducted at operation, construction or exploration areas. Late in 2011 Whitehaven introduced the behavioural safety observation process, with a steady uptake in 2012. From 2012 to 2013 safety observations were a key focus for Whitehaven with a marked improvement achieved in the number of observations completed, increasing from 758 to 6,070. Operating Performance Consolidated Equity Production and Sales (Equity Share) Whitehaven Total -- 000t 2013 2012 Movement ROM Coal Production 7,352 4,657 +58% Saleable Coal Production 6,630 4,275 +55% Sales of Produced Coal 6,441 4,289 +50% Sales of Purchased Coal 982 1,243 -21% Total Coal Sales 7,423 5,532 +34% Coal Stocks at Period End 841 478 +76% Gunnedah Operations Ownership: Tarrawonga -- Whitehaven 70% and Operator and Idemitsu 30%; Rocglen -- Whitehaven 100% and Sunnyside -- Whitehaven 100%; Gunnedah CHPP -- Whitehaven 100%. The Gunnedah operations include the Tarrawonga, Rocglen and Sunnyside open cut mines and the Gunnedah coal handling and preparation plant (CHPP) and train load out facility. Operations at the Gunnedah open cuts have progressed through a number of changes during the year. In the rst instance a review of the Sunnyside open cut resulted in placing the mine into care and maintenance as the high cost mine was not pro table in the current coal price environment. The decision resulted in several contract positions being made redundant. All Whitehaven employees were o ered roles at the other group mines. Production of 0.4Mtpa ROM coal from Sunnyside mine has been made up by increased production from the Werris Creek mine leaving overall output by the Company unchanged. An application was lodged early in the year with both the New South Wales (NSW) State Government and the Federal Government seeking approval to increase production from 2.0Mtpa to 3.0Mtpa and extend the mine life from 2017 to 2030 at the Tarrawonga open cut. The project was approved by the NSW Planning and Assessment Commission (PAC) in January which was followed later in the year by Federal Government approval. The project is now approved to mine a total of 50.5Mt of coal in the period up until 2030. In response to the current coal market conditions a detailed review of both the Rocglen and Tarrawonga open cuts was carried out in the second half of the year. As a consequence, the mine plans at both open cuts are being revised to re ect the reduced strip ratio. Therefore the number of trucks required for overburden removal has been reduced by four and several positions were made redundant. This will result in lower costs for both of the mines. In the short- term production will be maintained at about 3.5Mtpa ROM coal from both open cuts. Gunnedah Operations (Equity Share) Gunnedah Operations -- 000t 2013 2012 Movement ROM Coal Production 3,099 3,129 -1% Saleable Coal Production 2,656 2,662 0% Sales of Produced Coal 2,601 2,621 -1% Sales of Purchased Coal 982 1,243 -21% Total Coal Sales 3,583 3,865 -7% Coal Stocks at Period End 379 342 +11% 5. OPERATING AND FINANCIAL REVIEW CONTINUED Safety (continued) Directors' Report
Annual Report 2012