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Coal Mining Profits

Volume 888: debated on Thursday 13 March 1975

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asked the Secretary of State for Energy what was the profit per ton on opencast coal each year from 1957 to 1974.

Annual profit per ton on National Coal Board opencast output before charging interest was as follows :

£
19570·69
19580·59
19590·37
19600·31
19610·80
19620·75
1963–4 (15 months)0·92
1964–50·90
1965–60·71
1966–71·11
1967–80·93
1968–90·80
1969–701·18
1970–12·06

£

1971–21·45
1972–31·92
1973–41·76

asked the Secretary of State for Energy what was the estimated profit per ton of deep-mined coal in each year from 1957 to 1974.

The annual profit per ton of National Coal Board deep-mined coal output before charging interest was as follows :

£
19570·03
19580·06
19590·05
19600·08
19610·12
19620·28
1963–4(15 months)0·28
1964–50·16
1965–60·05(loss)
1966–70·11
1967–80·14
1968–90·08
1969–700·08(loss)
1970–10·04
1971–21·23(loss)
1972–730·56(loss)
1973–41·51(loss)