CanAm Coal Corp. reported consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company's revenue and EBITDA from operations were $17.5 million and $2.6 million respectively as compared to $15.6 million and $2.6 million in the prior year. Loss was $1.6 million as compared to $1.5 million in the prior year. Sales were 186,000 tons as compared to 168,000 tons in second quarter of 2013 or an increase of 10%. Free cash flow was at $1 million for the quarter is significantly up from $0.2 million in second quarter of 2013.

For the six months period ended June 30, 2014, the company's revenue and EBITDA from operations were $34 million and 5.3 million respectively as compared to $29.5 million and $4.5 million in the prior year. Loss was $3.2 million as compared to $3.4 million in the prior year. Sales were 353,000 tons as compared to 318,000 tons or an increase of 11%. Operating cash flow for the first half of 2014 of $3.7 million was fairly consistent with the prior year. Investment in equipment and mine development was $1.6 million as compared to $2.4 million in the prior year. Capex (net of equipment sales), was $3.5 million as compared to $4.9 million in 2013. Free cash flow was $1.8 million compared to negative free cash flow of $0.4 million in the prior year.