Latest Coal Industry News

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.

Bowen Coking Coal has announced it will remain suspended on the ASX as it reassesses its operational plans and explores financing options amid challenging market conditions.

Bowen Coking Coal has surpassed its full-year 2025 production and sales targets ahead of schedule while transitioning the Burton Mine Complex to an owner-operator model. However, ongoing market challenges and funding uncertainties cast a shadow over its near-term outlook.

Coronado Global Resources has finalised a US$150 million secured lending facility to bolster its liquidity, supporting ongoing expansion and cost-saving efforts amid a tough coal market.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

Bowen Coking Coal is set to transition its Burton Mine Complex to an owner-operator model from July 1, 2025, aiming to increase production and reduce costs. This strategic shift marks a new chapter in Bowen’s operational control and growth ambitions.

Coronado Resources has locked in a $150 million asset-based lending facility with Oaktree affiliates, refinancing existing debt and funding key coal production expansions amid a challenging market.

Yancoal Australia Ltd reported robust 2024 financial results and outlined key corporate governance actions at its 2025 Annual General Meeting, reinforcing its position as a leading coal producer amid market challenges.

Jameson Resources has announced a $3.5 million equity raise to advance its Crown Mountain Hard Coking Coal Project in British Columbia, supported by a positive feasibility update and strong government backing amid geopolitical trade tensions.

Jameson Resources has raised A$3.5 million through a two-tranche placement to fund environmental approvals and Indigenous engagement for its Crown Mountain Hard Coking Coal Project in Canada.

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

Jameson Resources has released a 2025 feasibility update for its Crown Mountain Hard Coking Coal Project, confirming reserves and revealing a doubling of project NPV despite inflationary cost pressures.