UK Coal has announced a fall in production just two weeks after announcing it had returned to profit in 2011.
The Doncaster-based company says coal production fell by a third in the first three months of the year, compared with the same period in 2011.
The Harworth-based business says its deep mines produced 1.0 million tonnes to the end of March, compared with 1.6 million tonnes during the same period in 2011, while its opencast developments produced 0.5 million tonnes, compared with 0.4 million tonnes.
UK Coal says its Harworth Estates subsidiary is continuing to make progress and disposed of £3 million worth of surplus land in the first quarter of 2012.
Since then, the company has sold land on the Advanced Manufacturing Park site at Waverley to Rolls-Royce, which plans to build three plants on the Park, and has started work on the first residential developments at Waverley.
The company says it is continuing to consult on restructuring plans and will report on progress at it’s AGM on June 22.