Stanmore signs $380m deal to buy Queensland coal venture
The deal to buy the remaining stake in Stanmore SMC forms part of Stanmore’s efforts to develop existing operations.
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Glencore H1 2022 profits soar on coal boom
The firm’s adjusted EBITDA stood at $18.92bn and its total revenues were $134.4bn.
New Hope purchases Malabar Resources stake for $65.2m
The acquisition forms part of New Hope’s efforts to boost its coal business amid rising commodity prices.
Polish state to purchase stakes in anthracite mine operator PGG
Energa, PGNiG, PGE and Enea will each offload their stakes held in Polska Grupa Gornicza to the Polish state for…
Astrindo signs $471m deal to acquire PTT’s coal business
PTTML holds coal concessions in Brunei Darussalam and Madagascar, as well as three coal mines in Kalimantan, Indonesia.
Glencore divests stake in Yancoal Australia for $293m
The mining firm offloaded 84.5 million shares at A$5 apiece, in a block trade.
Australian coal output to remain flat in 2022, mainly due to scheduled closures
Output will be affected by the gradual closure of some mines but will be balanced by the commencement of other…
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China coal mine accident claims ten lives and injures seven
An investigation is being carried out to determine the cause of the coal mine accident, assess the risks and hazards.