Latest Coal News

Jade Gas Holdings has lodged its initial Plan for Development of Operations and secured approval for a substantial 502 km² production licence area, marking pivotal steps towards commercialising Mongolia’s first coal bed methane project.

Neometals faces uncertainty over $7.5 million owed from its Tranche 2 placement but gains financial flexibility through a new $2 million standby debt facility with a former chairman's company.

Stanmore Resources maintained steady coal production in the first half of 2026 while boosting earnings and completing a corporate debt refinancing that enhances financial flexibility.

Mitchell Services (ASX:MSV) posted a strong FY26 with revenue up 5% to A$207.4 million and EBITDA surging 67% to A$42.8 million. The company returned to a net cash position of A$3.5 million and declared a fully franked 2 cent dividend, reflecting robust operational execution and a strategic pivot towards gold.

Eastern Gas Corporation reports robust gas indications and steady progress at its Venus-2H horizontal appraisal well in Queensland's Surat Basin, advancing toward a key well intersection and flow testing phase.

LGI Limited posted a robust FY26 with a 35.5% rise in net profit, underpinned by a 33% jump in biogas flows and a $56 million capital raise fueling expansion beyond 80MW.

Parkway Corporate has cleared major regulatory hurdles for its Queensland Brine Management Complex, the first Australian facility authorised to convert coal seam gas waste brine into industrial chemicals, setting a new benchmark in sustainable waste management.

Botala Energy reports promising early gas observations at its Serowe-3.5B well in Botswana, signaling reservoir responsiveness as the well approaches a critical dewatering stage in its Pitse Pilot.

Whitehaven Coal reported a 29% drop in underlying net profit to $227 million for FY26, despite record safety outcomes and successful debt refinancing that lowered funding costs and extended maturities.

BHP Group Limited’s 2026 US Annual Report (Form 20-F) filed with the SEC details robust production across key assets, disciplined capital allocation, and advances in sustainability and leadership transition.

Morphic Ethical Equities Fund Limited delivered a 1.34% rise in net profit to $7.32 million for FY26, outpacing its benchmark with a 29.11% portfolio return and announcing a fully franked 1.4 cent dividend alongside plans for a substantial share buyback.

The Queensland Court of Appeal has overturned a prior Supreme Court decision that had set aside a statutory demand against Australian Pacific Coal, ordering the company to cover legal costs for both proceedings.