Latest Safety And Compliance News

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.

Alliance Aviation Services has secured a materially improved wet lease agreement with Qantas, including higher pricing and a fleet reduction, while reaffirming its FY26 profit guidance amid operational realignment.

Stanmore Resources bounced back from early-year weather disruptions with a 27% jump in ROM coal production in Q2 2026 and secured a refinancing deal that lowers debt costs and extends maturities, positioning the company for a robust second half.

Yancoal's June quarter saw a 20% jump in attributable saleable coal production to 10.8 million tonnes, supported by rising realised coal prices and operational improvements. The company advances its strategic growth with the pending acquisition of an 80% stake in the Kestrel Coal Mine, while planning to close Ashton mine by early 2028.

Amaero has resumed titanium powder production following a six-week safety-driven pause, implementing extensive facility and process upgrades to enhance operational safety and support future growth.

EROAD Limited reported stable FY26 revenue of NZD 195 million amid a $134.7 million North American impairment, unveiling a strategic reset centred on ANZ growth and its expanding electronic Road User Charges platform.

Amaero has fast-tracked the commissioning of its third advanced atomizer, expanding its US production capacity for refractory and titanium powders. The company completes a major capital plan on budget and prepares for a potential US IPO.

Bass Oil lifted May production by 5% with a 219 barrels per day average, while drilling commenced on the Bunian 6 well, expected to double group output.

Freehill Mining has successfully defended itself in a Chilean labor court, with all claims dismissed related to a fatal accident at its Yerbas Buenas Project. The ruling marks a significant legal resolution for the company amid ongoing safety commitments.

Coronado Global Resources reported a $432.1 million net loss for FY2025, impacted by a 22% revenue decline due to softer metallurgical coal markets and logistical challenges. Despite operational gains and cost cuts, the company strengthened liquidity through refinancing and support from Stanwell.

MLG Oz Limited reported a robust half-year with revenue up 5.3% to $287.2 million and net profit soaring 73.3% to $7.1 million, overcoming early weather disruptions and a significant safety fine.

Paladin Energy reported a strong half-year performance with uranium sales revenue climbing to US$138.3 million, driven by ramp-up at its Namibian mine and significant progress on Canadian development projects.