Latest Coal Mining News

Yari Minerals has significantly expanded its flagship Rolleston South Coal Project resource by 91%, positioning itself strongly in Queensland’s Bowen Basin ahead of a maiden drilling campaign planned for late 2025.

Bowen Coking Coal’s initial attempt to defer state royalty payments has been declined by the Queensland Revenue Office, prompting plans for a revised proposal amid ongoing debt restructuring efforts.

Australian Pacific Coal faces creditor pressure as Vitol Asia reserves rights on a parent guarantee, while the company insists it remains solvent amid uncertainty.

Yancoal’s June quarter report reveals steady coal production despite weather disruptions and a dip in realised prices, supported by a robust $1.8 billion cash reserve. The company remains confident in hitting upper-end production guidance amid ongoing market volatility.

Bowen Coking Coal Ltd has been hit with a $6.8 million statutory demand from contractor BUMA Australia, raising the spectre of insolvency if unresolved within 21 days. The dispute centers on claims and counterclaims involving liquidated damages.

MC Mining’s subsidiary, Uitkomst Colliery, has launched a strategic Turnaround Plan aimed at operational restructuring and cost reduction, positioning the mine for growth amid a challenging coal market.

Bowen Coking Coal has been hit with a $15.3 million payment demand from BUMA Australia, prompting a reassessment of its financial and legal options amid ongoing recapitalisation talks.

Bowen Coking Coal Limited (BCB) has responded to ASX inquiries about its liquidity challenges, working capital needs from transitioning to an owner-operator model, and deteriorating operating margins, affirming compliance and financial viability despite market pressures.

Australian Pacific Coal Limited has been served a statutory demand for over A$1 million by M Resources Trading Pty Ltd, linked to a previously announced management fee. The company is reviewing the claim while continuing operations at its Dartbrook mine.

Australian Pacific Coal Limited has announced receivership over its Dartbrook Mine assets following the operator's voluntary administration, signaling a significant setback for the company’s joint venture interests.

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Tigers Realm Coal’s ongoing efforts to divest its Russian mining assets have hit a significant impasse amid geopolitical tensions, regulatory hurdles, and a stalled sale agreement, leaving the company suspended from ASX trading.