
Stanmore Resources’ Indonesian backer in $167m selldown
About 5% of listed coal miner Stanmore Resources changed hands after market close on Friday, as Sinar Mas Group sold a $167M block

About 5% of listed coal miner Stanmore Resources changed hands after market close on Friday, as Sinar Mas Group sold a $167M block

I’ve been trying to figure out how serious this Shanxi “safety overhaul” is in China over the past couple of days

Stanmore will drop 5.82 US cents a share in the pockets of investors, led by Indonesia’s Widjaja family’s Golden Energy and Resources or GEAR


Queensland’s Coordinator General has recommended the Winchester South metallurgical coal project to proceed, Whitehaven Coal said on Friday.

Soul Patt’s is in talks to join Whitehaven Coal’s debt stack for the latter’s $4.1B acquisition of BHP’s coal mines in Queensland.

UK hedge fund Bell Rock failed to disclose it was a substantial holder of Whitehaven Coal shares to the market for more than a year.

Russia’s coal producer ELSI is offloading its Siberian assets to focus on developing its flagship Elga coal complex in the Far East.


Australian seaborne metallurgical coal prices increased for the second consecutive trading day following a sell-side tender at $326.77/t.

Randall Atkins, CEO of Ramaco Resources, discusses the discovery of rare earth elements in a coal mine bought in 2011.

I spent some time updating metallurgical producer financial models today, so this will be a chart heavy post.