Latest Coal Mining News

Yari Minerals has unveiled an updated investor presentation highlighting its 222.9Mt Rolleston South Coal Project in Queensland’s Bowen Basin, aiming to expand its resource base and secure joint ventures with major operators.

Coronado Global Resources has announced the resignation of CEO Douglas Thompson, appointing former CEO and current Executive Chair Gerry Spindler as interim leader. The board also welcomes Greg Pritchard as the new Chair.

New Hope Corporation Limited has announced a fully franked interim dividend of AUD 0.10 per share for the half-year ending January 2026, accompanied by a Dividend Reinvestment Plan with no discount.

Whitehaven Coal has received stable BB+ and Ba1 credit ratings from major agencies, alongside investment grade BBB- ratings for its senior secured debt, underpinning its US$1.1 billion refinancing strategy.

The NSW Department of Planning and Environment has approved a six-year extension for the Dartbrook underground coal mine, pushing its operational horizon to 2033 despite ongoing financial administration challenges.

TerraCom Limited reported a significant half-year loss amid falling coal prices and production challenges, completing a $56 million capital raise to strengthen its financial position.

Yancoal Australia delivered record coal production in 2025, boosting volumes by 7% even as revenue fell 13% due to lower coal prices. The company maintained a strong EBITDA margin and declared a fully franked final dividend, signalling confidence amid challenging market conditions.

Coronado Global Resources announces the resignation of CEO Douglas Thompson, triggering a leadership reshuffle including interim appointments and a shift in executive roles.

Australian Pacific Coal Limited’s Dartbrook Mine has entered receivership, with the company now assuming no residual value in the asset. Despite this, AQC maintains solvency and continues to explore its options amid ongoing financial challenges.

AJ Lucas Group Limited reported a solid 29% rise in Australian Operations EBITDA for the December quarter, underpinned by disciplined cost management and a significant UK settlement. Despite a revenue dip and suspended mining operations, the company reduced related party loans, securing lower interest rates and strengthening its financial position.

Bathurst Resources reported a first-half FY26 EBITDA of NZD 16 million, maintaining its full-year guidance despite export challenges and cost pressures. Key development projects in New Zealand and Canada continue to advance steadily.

TerraCom Limited reported a stable operational quarter despite logistical challenges impacting coal shipments and cash flow, while successfully raising A$60 million to bolster liquidity. The Blair Athol mine life was extended to 2033, underpinning the company’s long-term outlook.