Latest Coal Mining Sector News

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.

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

Mastermyne Group has extended its exclusive distribution agreement with Jennmar Holdings for critical strata consolidation products by a decade, locking in supply until 2047. This move strengthens its foothold in the Australian underground coal mining sector.

Australian Pacific Coal Limited has successfully challenged a statutory demand for payment, securing a favourable Supreme Court ruling that removes a significant legal threat.

New Hope Corporation has updated its final dividend details for FY2025, confirming a fully franked payout of 15 cents per share and revising the dividend reinvestment plan price to $4.01.

Cokal Limited has secured a binding agreement with PT Petrindo to jointly fund and develop the BBM Haul Road into an all-weather route, appointing PT Petrosea as contractor to support coal transport capacity growth.

New Hope Corporation Limited has unveiled a Dividend Reinvestment Plan (DRP) offering eligible Australian and New Zealand shareholders a flexible, fee-free way to reinvest dividends into additional shares. The plan empowers investors to grow their holdings conveniently while maintaining control over participation levels.

New Hope Corporation Limited has announced a fully franked final dividend of AUD 0.15 per share for FY2025, with a Dividend Reinvestment Plan available to shareholders.

Mastermyne Group has received a Letter of Intent to extend its underground mining contracts with Anglo American Steelmaking Coal, potentially adding $31 million in revenue through April 2026.

Mastermyne Group Limited reported a significant 27% decline in revenue and a 96% plunge in profit for FY2025, signaling a challenging year for the coal miner.

Alfabs Australia Limited reported a robust 76% jump in net profit for FY2025, driven by mining equipment hire and new profit centres, while planning a significant $31 million capital expenditure for FY2026.