Latest Coal News

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.

Orica Limited has reported its strongest earnings in over a decade, with a 23% rise in EBIT to $992 million and a 32% jump in net profit before significant items. The company also increased its share buy-back program and declared a higher dividend, signaling confidence in its growth strategy and sustainability commitments.

Kinetiko Energy has raised $3.15 million through a placement led by key South African and Australian investors to fast-track its Project Alpha gas development in South Africa. The capital injection supports drilling and exploration activities aimed at expanding the company’s resource base.

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.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

Clara Resources is set to begin a critical drilling program at its Ashford coking coal project in early 2026, aiming to enhance resource confidence and support a Preliminary Feasibility Study that will refine the project's economic outlook.

Kinetiko Energy has secured the first tranche of funding from FFS Refiners to accelerate development of a pilot LNG gas plant at Brakfontein, marking a key step in its multi-phase Project Alpha.

TMK Energy Limited has reported record-breaking gas production at its Gurvantes XXXV Coal Seam Gas Project in October 2025, with output continuing to rise into November. The company also appointed a new Operations Superintendent to drive operational efficiencies and explore power generation opportunities.

Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.

NuEnergy Gas Limited has announced a $4.62 million entitlement offer, primarily to fund early gas sales and development of its Indonesian coal bed methane assets. The offer is partially underwritten by a major shareholder and supports key milestones in the company’s transition to commercial production.

Galilee Energy has appointed industry veteran Joseph Graham as its new CEO, signaling a strategic push to strengthen operational leadership and advance its Queensland gas assets. This leadership change coincides with Executive Chairman Ray Shorrocks stepping back to a non-executive role.

Jade Gas Holdings has appointed industry veteran Chris Newport as Managing Director to spearhead its transition from exploration to production in Mongolia’s coal bed methane sector. Newport’s extensive global experience is expected to accelerate the company’s commercialisation efforts ahead of first gas output.