Quest Minerals & Mining Stays On Par With Production Results For November
December 7, 2009 (FinancialWire) — Quest Minerals & Mining Corp. (OTC: QMIN) (Frankfurt: QMN9), a Kentucky based operator of energy and mineral related properties, announced coal revenues of $292,000 for the month of November 2009. Quest’s operating subsidiary, Gwenco, Inc., produced and shipped 8,700 gross tons for the month, resulting in sales of 4,150 clean tons of coal.
Eugene Chiaramonte, Jr., president of Quest, stated, “Nine days straight of an annual Federal electrical inspection, coupled with extra equipment repairs, caused almost two weeks of downtime for the operation. Even with only half a month of production, we were able to match October’s results. This means that the company is still on course to produce 20,000 gross tons per month.”
Quest Minerals & Mining Corp., or Quest, acquires and operates energy and mineral related properties in the southeastern part of the United States.
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