New Hope Corporation has delivered a net profit before tax of $1.401 billion for the year ended July 31, following an exceptional financial and operational performance across the company.
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New Hope stays positive on coal demand
New Hope Group executives have epitomised the optimism flowing through Australia's coal industry, with production at the Bengalla mine in New South Wales underpinning such positivity.
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New Hope invests in Bengalla to lift productivity
New Hope Group chief executive officer Reinhold Schmidt is expecting a stronger period ahead for the company, who experienced a decline in coal sales and production for the first half of the 2021 financial year.
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New Hope registers steady revenue on the back of Bengalla
New Hope Group has reported solid earnings from its coal operations, driven mainly by increased production at the Bengalla mine in the Hunter Valley, New South Wales.
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New Hope prepares 150 New Acland workers for redundancy
New Hope Group is set to make 150 New Acland workers redundant by Friday as its stage three project continues to be in abeyance pending final approvals.
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MRS Services moves into voluntary administration
Management Resource Solutions (MRS) Services Group, a mining services business with 400 workers across Newcastle, the Hunter Valley and Queensland, has gone into voluntary administration.
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New Hope ups coal production with Bengalla expansion
New Hope Group produced 40 per cent more coal during the quarter ending April against a year ago after twice increasing its stake in the Bengalla joint venture in New South Wales.
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New Hope rides to a record on back of Bengalla
New Hope Group is benefitting from its growing interest in the Bengalla Mining Company, which has guided the coal miner to a new record.
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New Hope on track for larger Bengalla stake
New Hope has sealed the deal on its acquisition of Wesfarmers' stake in the Bengalla joint venture (JV) in the Hunter Valley, New South Wales.
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New Hope consolidates Bengalla ownership with $215m Mitsui deal
New Hope Corporation has secured deals with minority partners Taipower and Mitsui to cement a controlling stake in the Bengalla thermal coal mine in New South Wales.
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Tragic incident at Bengalla mine in Muswellbrook
Bengalla Mining Company has suspended its operations following the death of a man in an onsite accident at the Bengalla coal mine in Muswellbrook, New South Wales.
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