Latest Coal News

Latrobe Magnesium Limited has received a non-binding Letter of Interest from the U.S. Export Import Bank to finance up to A$200 million for its Stage 2 Commercial Magnesium Plant, aiming to strengthen critical mineral supply chains for the U.S.

BHP kicked off FY26 with solid operational results, including a 4% rise in copper output and progress on major projects like Jansen potash. The miner maintains full-year guidance, supported by a constructive commodity market.

Clara Resources reveals promising scoping study results for its Ashford Coking Coal Project, underpinned by modest capital requirements and strategic infrastructure access. A capital raise is underway to accelerate development and resource expansion.

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.

Stanmore Resources delivered record coal production in Q3 2025, driven by strong operational execution at South Walker Creek and Poitrel, while adjusting full-year guidance to reflect site-specific challenges and market conditions.

Clara Resources Australia Ltd has raised $1.6 million through a placement and a fully underwritten rights issue, aiming to accelerate development of its Ashford Coking Coal Project in New South Wales.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Yari Minerals has begun a targeted drilling campaign at its Rolleston South Coal Project to confirm semi-soft metallurgical coal and upgrade its resource classification, setting the stage for a 2026 scoping study.

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.

Kinetiko Energy reports sustained strong gas flows from two production wells in South Africa, with high methane content exceeding prior reserve assumptions. These results bolster the economics of its planned micro LNG pilot project.

Queensland Brine Solutions has locked in a strategic 10-hectare site to develop its Queensland Brine Management Complex, aiming to transform waste brine from the coal seam gas industry into valuable green chemicals.

Jade Gas Holdings has raised A$5 million through a placement to advance commercial gas production at its Red Lake field, with a follow-up Share Purchase Plan aiming to raise an additional A$2.1 million.