01:49 PM EST - Pacific Coal Resources Ltd. : has filed its unaudited interim condensed consolidated financial statements for three months ended March 31. The Company produced 223,346 tonnes of coal in the first quarter of 2013. Total revenues for the first quarter of 2013 were $21.9 million, reflect sales of approximately 220,751 tonnes of coal at an average realized price of$99.10 per tonne. Coal sales in the first quarter of 2013 were approximately 70% on an FOB basis. The total operating margin loss on a per tonne sold basis in the first quarter of 2013 was just over $3 million, or 85% lower than the first quarter of 2012 operating margin loss of more than $21 million. Pacific Coal Resources Ltd.
shares V.PAK are trading unchanged at $1.10.
