Latest Coal News

Green360 Technologies says more than 3,500 cubic metres of concrete containing its MKX metakaolin product has now been used across major Melbourne infrastructure projects. The milestone gives the company a growing field record while it develops demand before committing to dedicated large-scale production.

White Energy has completed its US metallurgical coal and Surat Basin acquisitions, backed by a $15 million placement and a leadership change that puts Nathan Tinkler in the executive chair. The transactions materially expand the company’s asset base, but the announcement provides no production forecasts or development timetable.

NuEnergy Gas has removed an OGIP and resource-density chart from its investor presentation and warned investors not to rely on the retracted information. The amended document also corrects a resource classification and adds cautionary language around undiscovered and undeveloped gas resources.

Aspire Mining has retained the Ovoot project’s 130.1 million-tonne JORC Coal Reserve while redesigning how the Mongolian mine is funded and built. The refreshed model forecasts a US$1.48 billion post-tax NPV10, but depends on debt raising, infrastructure delivery and a 12% Inferred Resource contribution to planned output.

Neometals has cleared a key regulatory hurdle for an A$2 million standby loan from a company controlled by former chairman David Reed. The facility provides near-term funding, but carries 10% interest, security over Barrambie-related assets and potential conversion into equity.

Jameson Resources has opened the retail leg of a A$5 million accelerated entitlement offer, giving eligible shareholders the chance to buy new shares at a 22.2% discount to the latest stated closing price. The company says institutional demand has already delivered about A$3.7 million, with a further A$1.59 million placement, but the retail component remains non-underwritten.

Bass Oil has set out a growth plan spanning Indonesian oil production, a planned Vanessa gas restart and development of its Kiwi discovery in South Australia. The strategy offers several potential catalysts, but much of the upside remains dependent on funding, approvals and execution.

Botala Energy has secured three wholly owned Botswana prospecting licences covering 1,812km², taking its Serowe CBM footprint beyond 6,000km². The expansion comes as the company prepares to flow-test Serowe-3.5B, while the new acreage remains an interpreted exploration opportunity rather than a booked resource.

Black Cat Syndicate has appointed mining veteran Chris Stone as Acting Managing Director, with the interim arrangement beginning immediately and running indefinitely. Stone will earn $600,000 a year plus superannuation while the company searches for a permanent appointment.

NuEnergy Gas Limited has secured A$3.05 million through a placement to fund early gas sales and production expansion at its Tanjung Enim project, alongside advancing other Indonesian coal bed methane assets.

Yari Resources reveals multiple coal product pathways at its Arcadia Coal Project, including semi-soft coking, PCI, and high-energy thermal coal, supported by a 10% average in-situ ash and expanded technical data.

Stanmore Resources is set to acquire the Moranbah South tenements for US$105 million, significantly expanding its metallurgical coal resources and enhancing synergies with nearby projects.