
Whitehaven soars on coking coal pivot
Whitehaven Coal’s shares rose to the highest level in a year after the miner said it had been oversubscribed by lenders and suitors

Whitehaven Coal’s shares rose to the highest level in a year after the miner said it had been oversubscribed by lenders and suitors

On January 18th, BHP Billiton (BHP) announced that in the first half of the 2023-24 fiscal year (July-December 2023)

Australian resource firm BHP expects to come in near the top of its 13mn-15mn t thermal coal production guidance

BHP Mitsubishi Alliance’s coking coal production for Q4CY23 was recorded at 11.4 mnt, dropping by 18% as against 13.9 mnt recorded in Q4CY22.

Operations at Australia’s Saraji coking coal mine in Queensland’s Bowen basin have been suspended following the death of a worker.

Safety operators are threatening to strike at Australian resources firm BHP’s coking coal mines in Queensland

Safety operators at BHP’s coking coal mines are considering strike action, with voting on underway and the ballot closing on December 20

Whitehaven Coal has been accused of using a workplace loophole to wipe out $30 million in accrued entitlements from senior managers at BHP.

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.

Whitehaven Coal is pleased to announce it has executed definitive sale agreements with BHP Group and Mitsubishi Development Pty Ltd…

Whitehaven Coal is the preferred bidder for BHP’s Blackwater and Daunia metallurgical coal mines estimated to cost up to $4.1 billion.

BHP Group plans to retain its remaining metallurgical coal assets, emphasizing a positive outlook for higher-quality raw materials.