CanAm Coal Corp. reported unaudited earnings results for the second quarter and six months ended June 30, 2013. For the quarter, the company reported loss attributable to owners of the parent of $1,527,512 on revenue (coal sales) of $15,583,114 compared to loss attributable to owners of the parent of $1,506,210 on revenue (coal sales) of $13,310,149 reported a year ago. Income from mining operations was $492,114 compared to loss from mining operations of $217,982 reported a year ago. Loss before tax was $2,151,540 compared to $1,981,081 reported a year ago. EBITDA from operations was $2,612,595 compared to $1,932,737 reported a year ago. Capex was $2.4 million compared to $3.9 million reported a year ago. Free cash flow was $0.2 million compared to $2.0 million reported a year ago. Operating cash flow was $2.5 million compared to $0.5 million reported a year ago.

For the six months, the company reported loss attributable to owners of the parent of $3,263,415 on revenue (coal sales) of $29,470,155 compared to loss attributable to owners of the parent of $2,687,090 on revenue (coal sales) of $26,098,171 reported a year ago. Income from mining operations was $311,787 compared to loss from mining operations of $345,450 reported a year ago. Loss before tax was $4,707,704 compared to $3,683,128 reported a year ago. EBITDA from operations was $4,480,344 compared to $3,786,528 reported a year ago.

For the quarter, the company's production was 168,488 tons compared to 130,517 tons reported a year ago.

The company anticipates capex for the second half of 2013 to be lower compared to the first half which should contribute significantly to free cash flow.