Total
0
Shares
New Elk coal loading train. Source: Allegiance Coal
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Allegiance Coal (AHQ) has recorded three COVID-19 cases at its New Elk Mine, forcing it to operate with a reduced workforce until next week
  • The positive cases have forced crew members into quarantine until the earlier of returning a negative test result or August 21
  • AHQ said several of those tested have already returned a negative result
  • The lost production has meant Allegiance has had to reschedule its first vessel of steelmaking coal
  • Allegiance Coal shares closed today’s session down 4.29 per cent to trade at 67 cents

Allegiance Coal (AHQ) has recorded three COVID-19 cases at its New Elk Mine, forcing the company to operate with a reduced workforce until next week.

The company recorded two positive cases from its number one unit day shift, which meant the 30 crew working on the roster were forced to quarantine the until a negative COVID test result or August 21.

AHQ said several of those tested had already returned a negative result.

The third case was from the company’s number one unit night shift, which meant that some of the crew have been forced to isolate for a similar period.

Allegiance said production is continuing but with a reduced workforce until the week of August 23, when New Elk is expected to return to its prior levels of production.

According to Allegiance, the lost production could impact its scheduling for the first vessel of steelmaking coal to an undisclosed buyer. Discussions with the buyer are said to be underway to reschedule the delivery date.

The New Elk Mine is located in Las Animas County in southeast Colorado and currently operates two production units, both of which are still in the start-up phase and working towards production.

Allegiance Coal shares closed today’s session down 4.29 per cent to trade at 67 cents.

AHQ by the numbers
More From The Market Herald

" Strike successfully runs the final casing string at West Erregulla 2

Strike Energy has successfully run the final casing string in the West Erregulla 2 well.

" Alligator Energy invests in foreign field

Alligator Energy is stepping away from the namesake Alligator Rivers Uranium Province for the first time by inking up a farm-in agreement with

" Bounty Oil & Gas (ASX:BUY) buys stake in Carnarvon oil play

Bounty Oil & Gas (BUY) is acquiring a 25 per cent stake in four oil exploration licences in the Carnarvon Basin of Western

" Global Oil and Gas (ASX:GLV) begins exploration at EP127

Global Oil and Gas (GLV) has begun an exploration program at its wholly owned exploration permit EP127 in the southern Georgina Basin of