New Hope Group is buoyed by the steadfast demand for coal in Asia, which the company says will sustain its assets going forward.
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BHP offloads QLD coal assets to Stanmore
BHP has divested its 80 per cent stake in BHP Mitsui Coal (BMC) to Stanmore Coal as the company targets higher quality metallurgical coal in its hunt for decarbonisation.
BHP feels impact of border closures
BHP’s iron ore production for the September 2021 quarter has declined by six per cent due to planned maintenance and ongoing labour shortages caused by COVID-19-related border closures in Australia.
Guiding coal companies to meet a dual challenge
As the build-up continues to the pandemic-delayed UN Climate Change Conference (COP26), all eyes – and hopefully all agendas – are on how to reach net-zero carbon emissions.
Whitehaven given green light for Vickery extension
The Federal Government has approved Whitehaven Coal’s Vickery extension project in New South Wales, which will see an additional 135 million tonnes of coal produced at the site over a 30-year mine life.
Mineral exploration in Australia continues to grow: ABS
Mineral exploration expenditure has increased by 33 per cent in the year to June 2021, according to data from the Australian Bureau of Statistics (ABS).
South32 drives up earnings with base metals success
South32 has more than doubled its underlying earnings for the 2020-21 financial year following record performance at its alumina and manganese assets in Australia.
South32 prepares for higher coal operating costs
South32 is anticipating that its operating costs for metallurgical coal will be “moderately higher” for the 2021 financial year than its guidance of $US83 ($113) per tonne.
NRW to cut debt with Boggabri machinery sale
NRW Holdings has secured an agreement to sell 38 mobile mining assets owned by subsidiary Golding Contractors to Boggabri Coal for $81 million.