WHC News: Whitehaven Coal cuts 2023 production guidance amid labor shortages - 12th Apr 2023, 6:28am

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By Ambar Warrick

Investing.com-- Australian coal miner Whitehaven Coal Ltd (ASX:WHC) said on Wednesday that its coal production and sales in 2023 will be lower than initially expected, as the firm grapples with unexpected labor shortages, as well as additional headwinds at its biggest mine.

Whitehaven forecast total managed run-of-mine production for fiscal 2023 between 18 to 19.2 million tonnes, down from its prior guidance of 19 to 20.4 million tonnes. This compares to production of 20 milli...

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