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BMA Australia

New owner takes control of Bowen Basin coal mines

Multiple coal operations have changed hands in Central Queensland’s Isaac region. Stanmore Resources recently seized control of an 80 per cent stake in BHP Mitsui Coal (BMC) for at least US$1...

Blackwater Coal Mine

New Central Qld coal project proposed

A multinational mining company plans to construct a new coal development in Queensland’s Central Highlands region. BHP recently applied for federal approval to construct its new $1 billion...

BMA Australia

Demand for coal tipped to skyrocket due to Russia ban

International sanctions on at least one Russian fossil fuel is predicted to start a new Australian mining boom. A prohibition on coal imports from Russia recently took effect, removing up to 187...

Maxwell Coal Mine

Underground coal mine receives $94M boost

A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...

Glencore coal

Demand for coal hits a decade high

Global fossil fuel consumption rose to record levels not seen in almost 10 years, new data shows. The International Energy Agency (IEA) recently confirmed coal demand rose to the previous annual...

Blair Athol mine

Foreign owner exits multinational coal producer

An Asia-backed investment company reportedly sold its minority stake in a mining company that operates in multiple countries. Hong Kong-headquartered OCP Asia is rumoured to have disposed of TerraCom...

Coal mining QRC

Mining giant sells stake in foreign coal producer

A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...