Latest Coal Mining News

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.

Yancoal’s September quarter report reveals stable coal output and a slight dip in realised prices, alongside a leadership change and strategic stake increase in the Moolarben Joint Venture.

TerraCom Limited has extended the life of its Blair Athol Mine to 2033, supported by a robust 2025 JORC Code Resource and Reserve update. This reinforces the mine’s status as a low-cost, long-life asset underpinning stable cash flow and growth potential.

Bathurst Resources’ subsidiary Telkwa Mining has released an updated feasibility study for its Tenas Steelmaking Coal Project, confirming reserve validity and boosting project valuation despite significant cost inflation.

New Hope Corporation has updated its final dividend details for FY2025, confirming a fully franked payout of 15 cents per share and revising the dividend reinvestment plan price to $4.01.

Australian Pacific Coal Limited has delayed its full year accounts due to missing financial data from its Dartbrook mine subsidiary, leading to a trading suspension from October 1.

MC Mining’s FY2025 results reveal a sharp increase in losses driven by impairments and lower coal sales, while a strategic investment by Kinetic Development Group advances its flagship Makhado Project.

Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.

MC Mining Limited has appointed Yi (Christine) He as its permanent Managing Director and CEO, cementing leadership ahead of key coal production milestones at the Makhado Project.

Cokal Limited has secured a binding agreement with PT Petrindo to jointly fund and develop the BBM Haul Road into an all-weather route, appointing PT Petrosea as contractor to support coal transport capacity growth.

New Hope Corporation reported an 18.1% rise in coal production for FY25 alongside an 8.4% reduction in unit costs, declaring a fully franked 15-cent dividend and launching a Dividend Reinvestment Plan.

New Hope Corporation Limited has unveiled a Dividend Reinvestment Plan (DRP) offering eligible Australian and New Zealand shareholders a flexible, fee-free way to reinvest dividends into additional shares. The plan empowers investors to grow their holdings conveniently while maintaining control over participation levels.