Yancoal

Glencore has sold its 6.4 per cent stake in Yancoal Australia, according to Reuters.

High coal prices remain the primary driver of Yancoal’s financial performance in 2022.

The 2021 Australian Mining Prospect Awards were a chance to reward those who are excelling and going above and beyond.

Roy Hill has taken home Australian Mine of the Year at the 2021 Prospect Awards after the awards night took place in Brisbane on Thursday.  

Hunter Valley Operations has awarded Bis a multi-year contract to deliver on-road haulage at its Howick-based processing facility.

Babylon Pump & Power has added another significant contract to its books, signing Premier Coal to a $16 million deal at its namesake coal mine in Western Australia.  

Yancoal has implemented a new strategy to maximise its coal product value, while playing catch up in the second half of 2021.

Yancoal has been hit with more rainfall at its Hunter Valley operations in New South Wales which have impacted mining, rail and port activity during the June quarter.  

Glencore has acquired a majority stake in Newcastle Coal Shippers as the final part of its Hunter Valley Operations joint venture (JV) with Yancoal in New South Wales.

Yancoal has suffered a fall in coal production due to rain and flooding at its Hunter Valley mines in New South Wales.

Austmine 2021: Harnessing Intelligence Mining Innovation Conference & Exhibition is set to open the stage to a host of high-calibre guest speakers, including David Moult, who took on the role of CEO at Yancoal in March 2020. Joining the organisation as COVID-19 entered our shores, Moult’s leadership has successfully navigated Yancoal through a tumultuous year. … Continue reading Innovative mining leaders take the stage for Austmine 2021 →

Yancoal has flagged the possibility of an underground operation at the Mount Thorley Warkworth thermal and coking coal project in New South Wales.

Australia’s mid-tier mining companies have outperformed the remainder of the mining sector in 2020, according to statistics from Pricewaterhouse Coopers (PwC).

The 2020 Australian Mining Prospect Awards have proceeded despite this year’s challenges, to honour the best and brightest in the industry.

Joint venture (JV) partners Yancoal and Glencore are set to stand down contract staff at their Hunter Valley coal operations in New South Wales.

The Contribution to Mining award recognises an individual who has gone above and beyond within the mining industry over the past two years.  

Yancoal is confident that the company is well placed to manage Australia’s uncertain market relationship with China and the current lows in coal prices.

Yancoal is closely monitoring the condition of international coal markets to best assess how its business will be impacted for the remainder of 2020 and beyond.

BHP is reportedly struggling to find a suitable offer for the sale of its Mt Arthur thermal coal mine in New South Wales.

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