Latest Thermal Coal News

Bowen Coking Coal has started owner-operated mining at its Burton Mine Complex with a reduced fleet and production focus, responding to weak global steel markets and low coal prices. The company is actively pursuing refinancing and strategic funding to sustain operations during this challenging period.

Australian Pacific Coal Limited has been served a statutory demand for over A$1 million by M Resources Trading Pty Ltd, linked to a previously announced management fee. The company is reviewing the claim while continuing operations at its Dartbrook mine.

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Bowen Coking Coal has surpassed its full-year 2025 production and sales targets ahead of schedule while transitioning the Burton Mine Complex to an owner-operator model. However, ongoing market challenges and funding uncertainties cast a shadow over its near-term outlook.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

Coronado Global Resources has strengthened its financial position with a $150 million liquidity injection and a pivotal five-year coal supply agreement with Stanwell Corporation, reshaping its export potential from 2027.

Yari Minerals has announced a significant 91% increase in its inferred coal resource at the Rolleston South Coal Project, leveraging new data from coal seam gas wells to boost the resource to 151 million tonnes.

Yari Minerals has completed the acquisition of the Rolleston South Coal Project in Queensland’s Bowen Basin, adding a substantial 78.9 million tonnes inferred coal resource and planning further drilling to expand it.

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

OM Holdings has agreed to sell its 26% interest in Ntsimbintle Mining to Exxaro Resources for US$101.4 million, marking a strategic shift to refocus capital on core operations while maintaining a commercial partnership.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

Stanmore Resources has released an updated maiden Reserves Statement for its Isaac Downs Extension metallurgical coal project, confirming 52 million tonnes of Run of Mine coal reserves and a robust +20-year mine life supported by existing infrastructure.