Production for the September quarter was lower than planned across all three of Whitehaven Coal’s open cut mines in New South Wales, primarily as a result of rain disruption and flooding impacts.
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Whitehaven profits surge on rising coal prices
Whitehaven Coal has reported a record net profit after tax of $2 billion for the year ended June 30, 2022, and EBITDA of $3.1b, a significant increase on the $204.5m in the prior year.
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Whitehaven joins in coal royalty hike protest
Whitehaven Coal has become the latest miner to raise its dissatisfaction with the Queensland Government’s increase to coal mining royalties.
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Production and profits up for Whitehaven
Whitehaven has achieved a record average coal price of $514 per tonne for the quarter and $325/t for FY22.
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Whitehaven to battle Narrabri legal challenge
Whitehaven Coal says it will “vigorously defend” proceedings seeking to invalidate the State Significant Development Consent granted for the Narrabri Stage 3 Extension Project by the NSW Independent Planning Commission (IPC) in April.
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Whitehaven rides record coal price through rough patch
Whitehaven Coal has made the best of a bad situation, achieving record first-half earnings despite lower production following the scheduled Narrabri mine longwall move.
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Coal prices boost Whitehaven despite disruptions
Whitehaven Coal has seen its coal prices soar in its operations, increasing by 144 per cent in the past year.
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South Korea, Japan drive booming met coal demand
Interest in Australia’s metallurgical coal (met coal) has enjoyed a significant increase in recent times, as South Korea, Japan and Europe pounce on the popular resource.
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Whitehaven Vickery extension gets Federal nod
Whitehaven Coal’s Vickery extension has got the go ahead by the Federal Government after an approval process that spanned five years.
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Judge dismisses court battle against Whitehaven
A Federal Court judge has thrown out proceedings that would prevent Whitehaven Coal’s Vickery extension project in New South Wales from receiving Environment Minister approval.
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Whitehaven cautious of project spending
Whitehaven Coal is wary of investing in its development projects due to turbulent coal markets that have been amplified by Chinese restrictions on imports from Australia.
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Whitehaven to delay investment decisions amid coal slump
Subdued coal markets have forced Whitehaven Coal to be cautious in allocating its capital to expansion, the company stated in its September quarterly report.
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Whitehaven optimises NSW operations amid global slowdown
Whitehaven Coal expects to receive a government approval for its Vickery extension project in New South Wales in the next few weeks.
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Whitehaven to ramp up ‘larger’ New South Wales mines
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.
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Whitehaven increases stake in Narrabri through EDF acquisition
Whitehaven Coal is set to acquire EDF Trading Australia for US$72 million ($106.5 million), allowing the company to increase its stake in the Narrabri mine in New South Wales.
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Whitehaven growth defies softening coal markets
Whitehaven Coal has beaten its production guidance for the 2019 financial year on the back of strong performance at its New South Wales mines.
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Whitehaven Coal records increased coal output
Whitehaven Coal has recorded an increase in coal output following the release of their September quarterly report.
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Whitehaven Coal’s Maules Creek mine officially opened
Whitehaven Coal’s $767 million Maules Creek mine has been officially opened by Federal Minister for Industry and Science, Ian MacFarlane.
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Arrests for Whitehaven Coal protesters
Coal trains have resumed travelling to the Port of Newcastle this afternoon after being stranded for over two hours after an activist chained himself to the rail line.
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BREAKING: Coal trains halted as part of coordinated action against NSW mining industry
Mining activists said they have stopped coal trains from reaching the Port of Newcastle with a man chained to the rail line.
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