Coal Stocks Rip, Time to Flip?
A quick rundown of the post-China stimulus rip in coal stocks, and how to think about positioning using some advice from our Substack and Twitter friend Le Shrub…
A quick rundown of the post-China stimulus rip in coal stocks, and how to think about positioning using some advice from our Substack and Twitter friend Le Shrub…
An accident on the Blackwater railway system has disrupted coal exports from Australia’s 102mn t/yr Gladstone port in Queensland, which may take some time to resolve…
An agreed deal for the Houston-based private equity firm Energy and Minerals Group to offload its 51 per cent stake in Coronado Global Resources to
March 23, 2024. Today I’m going to initiate coverage of Coronado Global Resources, CRN.AX.
Coronado Global Resources reported a 79.8% net income decline to $156.1 million, compared to $771.7 million last year,
Coronado Coal says higher costs, taxes and bad weather are squeezing its mining operations, pushing profits 80 per cent lower
US-Australian coal producer Coronado Coal is factoring in new Australian wet weather in its sales guidance of 16.4mn-17.2mn t for 2024.
Let’s start with the big overall trend, and for that we need to think in terms of thermal coal, generally when discussing US coal production.
Met coal producer Coronado Global Resources navigated a challenging final quarter of 2023 marked by production disruptions & shipping delays
US-based coal miner Peabody Energy has approved a further $109-million for capital expenditure (capex) at its North Goonyella mine
Arch Resources and Coronado Global Resources have both reduced their coal sales guidance due to mining difficulties in the US.
Coronado Global Resources is reportedly in bilateral talks with South32 regarding a potential acquisition of its Illawarra Metallurgical Coal