Latest Coal Mining News

Coronado Resources has locked in a $150 million asset-based lending facility with Oaktree affiliates, refinancing existing debt and funding key coal production expansions amid a challenging market.

Yancoal Australia Ltd reported robust 2024 financial results and outlined key corporate governance actions at its 2025 Annual General Meeting, reinforcing its position as a leading coal producer amid market challenges.

TerraCom Limited has reached a significant settlement with ASIC to resolve whistleblower-related civil proceedings, agreeing to pay $8.5 million pending Federal Court approval.

Jameson Resources has announced a $3.5 million equity raise to advance its Crown Mountain Hard Coking Coal Project in British Columbia, supported by a positive feasibility update and strong government backing amid geopolitical trade tensions.

New Hope Corporation reports steady coal production but a 27% drop in EBITDA amid falling prices and rail constraints, prompting revised FY25 guidance.

Jameson Resources has released a comprehensive update on its Crown Mountain steelmaking coal project, revealing improved project economics and robust progress on environmental and Indigenous engagement fronts. The update underscores the project's strategic positioning amid tightening global supply and supportive government policies.

Jameson Resources has released a 2025 feasibility update for its Crown Mountain Hard Coking Coal Project, confirming reserves and revealing a 200% increase in pre-tax NPV despite significant capital and operating cost inflation.

Jameson Resources has released a 2025 feasibility update for its Crown Mountain Hard Coking Coal Project, confirming reserves and revealing a doubling of project NPV despite inflationary cost pressures.

Coronado Global Resources Inc. posted a $96.2 million net loss for Q1 2025, reflecting weak metallurgical coal prices and ongoing liquidity challenges. The company is navigating covenant waivers and pursuing refinancing amid market uncertainty.

Stanmore Resources has released an updated maiden Reserves Statement for its Isaac Downs Extension metallurgical coal project, confirming 52 million tonnes of Run of Mine coal reserves and a robust +20-year mine life supported by existing infrastructure.

Aspire Mining Limited has made significant strides in developing its Ovoot Coking Coal Project in Mongolia, securing key infrastructure bids and maintaining a robust financial position as it moves closer to production.

MC Mining reports steady progress on its Makhado hard coking coal project with key construction milestones met, while Uitkomst Colliery faces production setbacks and rising costs amid depressed coal prices.