Upgrades & Downgrades
March 22, 2024
March 23, 2024. Today I’m going to initiate coverage of Coronado Global Resources, CRN.AX.
Category: NHC.AX
New Hope positive despite a green legal challenge to its coal expansion
March 22, 2024
New Hope says the outlook for its business is positive despite an ongoing environmental challenge to its Queensland operation.
New Hope asks NSW for Bengalla Extension
March 19, 2024
New Hope Coal boss Rob Bishop prepares to ask the NSW government for permission to extend its Bengalla coal hub beyond 2037.
New Hope Group Announces Interim Financial Results
March 18, 2024
New Hope Group, a coal mining company, has released its financial results for the half year ended 31 January 2024.
New Hope boosts stake in Malabar Resources with $180M equity raise
February 21, 2024
New Hope is pleased to announce that it has entered into agreements to increase its shareholding in Malabar Resources Limited
Coal News & Price Data – February 20, 2024 – Coronado net income down 80% YoY
February 20, 2024
Coronado Global Resources reported a 79.8% net income decline to $156.1 million, compared to $771.7 million last year,
New Hope Says Will Alternate Bengalla Mine Output to Get Best Margins
February 19, 2024
Australian miner New Hope on Monday reported flat production of saleable coal quarter-on-quarter, but said total coal sales were 7% higher
New Hope commits A$105 million to Maxwell Mine project development
February 8, 2024
Coal mining company New Hope is looking to increase its stake in Malabar Resources by committing up to $68.4m in an equity-raising initiative.
Sin-binned coal stocks
December 20, 2023
Investors ready to hold their nose over environmental concerns can pocket strong dividends from coal stocks in 2024
Coal News & Price Data – September 19, 2023 – New Hope Posts Solid Results
September 19, 2023
New Hope Coal reported record profits due to high coal prices, and plans to nearly double production this decade.
Market Updates
June 6, 2023
Market Updates: Steel sector has moved past the hype-cycle of a Chinese reopen boom and is settling into a new reality.
Alert on Australian Thermal Producers
April 21, 2023
It’s time to put Australian thermal producers on alert again, namely Whitehaven, New Hope and Yancoal.