New Hope

The Chuwar coal mine, located just 5 kilometres from Ipswich, has become the first open-cut coal mine in Queensland to be fully rehabilitated and relinquished.

New Hope Corporation has acquired a 15 per cent interest in Malabar Resources for a total investment of $94.4 million.

The Queensland Resources Council (QRC) is calling on the State Government to stop stalling and declare New Acland Stage 3 a prescribed project.

The Land Court of Queensland has recommended that New Hope’s New Acland coal mine be granted stage three mining leases subject to conditions.

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.

New Hope Group has flagged that the monthly average thermal coal price at its New South Wales operations have increased by 78 per cent since September 2020.

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.

New Hope Group has received the final federal approval that it requires to move ahead with stage three of the New Acland coal project in Queensland.

Keep up with the latest executive movements across the mining sector, including at Aus Tin Mining, New Hope Group and Red 5.  

New Hope Group intends to re-enter negotiations with the re-elected Queensland Labor Government to secure a stage three approval for the New Acland coal mine in Queensland.

New Hope Group has recommended its corporate workers take voluntary redundancies due to ongoing approval delays for the expansion of the New Acland coal mine in Queensland.

New Hope Group forecasts that 500 jobs could be created, and a further 125 jobs saved, if the New Acland coal mine in Queensland finally wins a stage three approval.

New Hope Group has been forced to again reduce its mining activities at the New Acland mine in Queensland due to legal disputes regarding the project’s stage three development.

New Hope Group has appointed a new chief executive, Reinhold Schmidt, who will transfer from the same position at Yancoal Australia in September.

Stay on top of the latest executive appointments across the mining sector over the past week, including at Kirkland Lake Gold, PepinNini Lithium, New Hope and more. Kirkland Lake Gold has made a number of new appointments in the company’s leadership team. The appointments, which are effective immediately, are: Mining general manager Evan Pelletier being promoted … Continue reading Follow the leaders: This week’s appointments →

Australia’s Minister for Resources, Water and Northern Australia Keith Pitt has called on the Queensland Government to stop delaying and immediately approve the expansion of the New Acland coal mine.

New Hope Group is ramping up job creation opportunities for the New Acland stage three (NAC03) coal mining project in a bid to persuade the Queensland Government to grant a long-awaited approval.

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.

New Hope Group is yet to receive the Queensland Government’s approval for the New Acland stage 3 (NAC03) mining project after it was forced to cut jobs at the site.

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.