03:52 PM EST - Forbes & Manhattan Coal Corp. : reported record first-quarter production at its Magdalena bituminous and Aviemore anthracite mines (March 1 to May 31). Total run of mine production (ROM) for the first quarter of fiscal 2014 was 447,000 tonnes a 23% sequential increase over the 364,000 tonnes produced in the fourth quarter of fiscal 2013, and a 16% increase over the first quarter of fiscal 2013, with the combined operations achieving record production levels in each of April and May. Total sales for the first quarter of fiscal 2014 was 261,000 tonnes a 55% sequential increase from the previous quarter of 168,000 tonnes and a 12% increase over the first quarter of fiscal 2013. Forbes & Manhattan Coal Corp.
shares T.FMC are trading unchanged at $0.42.
