
Whitehaven Coal tumbles as profit drops
Australia’s Whitehaven Coal reported an 86% drop in first-half profit and announced an interim dividend that missed market consensus

Australia’s Whitehaven Coal reported an 86% drop in first-half profit and announced an interim dividend that missed market consensus

Whitehaven Coal’s net profit after tax nosedived 86% year-on-year to A$257.6 million (US$166.8 million) in the first half of FY 2024

Arch Resources generated strong results in Q4, fueled by a robust metallurgical segment and improved thermal performance.

Warrior Met Coal reported solid financial results for Q4 2023, exceeding analyst expectations and building on the previous year’s performance

Queensland’s coal exports witnessed a significant 167% drop in January 2024 compared to the same month in 2023.

Ramaco increased its 2024 sales and production guidance due to strong market demand. Sales guidance raised to 4.2-4.6 million tons

Ramaco Resources has raised its 2024 sales and production guidance, which it says reflects the strong market acceptance of the company’s coal

Peabody Energy is one of the more difficult coal names to wrap your arms around in terms of their segments and coal assets around the world

Ramaco Resources unveiled positive operational & financial updates today, highlighting a successful 2023 and an optimistic outlook for 2024.

Stanmore Resources on Monday announced that it will buy diversified mining firm South32’s 50% interest in Eagle Downs

Stanmore Resources has acquired South32’s 50% stake in the Eagle Downs metallurgical coal project in Queensland for $15 million

Chinese coking coal market sees quiet activity before the holiday, with PLV prices dropping below $315.00/t FOB.