Subdued coal markets have forced Whitehaven Coal to be cautious in allocating its capital to expansion, the company stated in its September quarterly report.
Stanmore Coal has cushioned itself from the blow of plunging thermal coal prices by concentrating its operations on metallurgical coal.
Coronado Global Resources has become the latest coal producer to withdraw its 2020 financial year market guidance due to the coronavirus crisis.
BHP holds a favourable outlook for its products in the long-term, beyond the market’s mixed short-term sentiment.
Yancoal has temporarily suspended operations at several Hunter Valley mines in New South Wales for a few days due to poor air quality resulting from bushfires.
Rising energy demand and climate concerns are facing off over the continuity of coal production in Australia.
Anglo American is backing metallurgical coal to be a hot commodity for the company from 2020 and beyond.
Whitehaven Coal chairman Mark Vaile has talked up two significant, near-term assets that will underpin the company’s future growth – Vickery in New South Wales and Winchester South in Queensland.
The Australian Government expects commodity export earnings to peak a year later than expected due to a swing in the global iron ore price and a slight weakened exchange rate against the United States dollar.
Peabody Energy has started re-ventilating the first segment of the North Goonyella underground coal mine following consultation with the Queensland Mines Inspectorate.
Whitehaven Coal has reached a milestone in the proposed development of the Winchester South metallurgical coal site, with the Queensland Government declaring it a coordinated project.
Glencore Australia has overcome inclement weather and industrial action in the 2017 financial year to post a 7 per cent increase in annual coal production to 129.4 million tonnes for 2018.
The Queensland resources sector is experiencing increased exploration spending, particularly in the coal sector, according to a report from the Queensland Exploration Council (QEC).
Anglo American has delivered a first for its metallurgical coal division following completion of a drill hole using a remote-operated, semi-autonomous drill at the Dawson coal mine in Queensland.
Stanmore Coal has achieved sales and revenue growth for FY2018 on the back of strong operational performance and improved coal sector prices.