Latest Coal Industry News

Yari Minerals has appointed seasoned coal geologist Courtney Taylor as Executive Director and incoming Managing Director to spearhead the Rolleston South Coal Project’s next phase. This leadership change marks a strategic pivot as the company prepares for feasibility studies.

TerraCom Limited has announced a partially underwritten renounceable entitlement offer aiming to raise approximately A$60 million to bolster its financial position amid ongoing coal price pressures. Key directors have committed to participate, while substantial shareholder Orbit Marketing stands ready to underwrite a significant portion of any shortfall.

TerraCom Limited confirms stable mining operations at Blair Athol despite logistical hurdles, while launching a A$60 million capital raise to bolster liquidity amid shipment timing challenges.

European Metals Holdings has released a Definitive Feasibility Study confirming the Cinovec Lithium Project as a long-life, battery-grade lithium carbonate producer strategically positioned to supply Europe's electric vehicle and energy storage sectors.

Aspire Mining has secured a $69.9 million lump-sum EPC contract with China Coal Technology and Engineering Group’s international arm, significantly de-risking its Ovoot Coking Coal Project and targeting first coal production by late 2027.

Jameson Resources has raised an extra A$450,000 through a discounted share placement, reinforcing investor confidence in its Crown Mountain coal project amid ongoing regulatory progress.

Cokal Limited has clarified the recent spike in its share price and trading volume, attributing the market activity to a series of operational milestones and strategic partnerships rather than undisclosed information.

Coronado Global Resources has finalized its financial support agreement with Stanwell Corporation, cementing previously disclosed terms and providing clarity on its capital position.

TerraCom Limited anticipates delays in coal shipments from its Blair Athol Mine due to rail and supply chain constraints, potentially squeezing December quarter revenues and cash flow.

Coronado Global Resources posted a $109.5 million net loss for Q3 2025 amid subdued metallurgical coal markets and announced a proposed refinancing deal with Stanwell Corporation to strengthen its financial position.

MC Mining reports strong safety performance and steady progress on its flagship Makhado coal project, while Uitkomst Colliery implements a turnaround plan amid production setbacks. Cash reserves have strengthened following significant share subscription payments.

Bathurst Resources reported a Q1 FY26 EBITDA of NZD 5.2 million, maintaining full-year guidance and progressing major development projects in New Zealand and Canada.