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Sam Chong

Qld coal mining magnate’s payday hits up to $2B

A Brisbane resources mogul celebrated huge financial gains from soaring fossil fuel prices. Jellinbah Group recently reported a $1.92 billion profit and $1.7B in dividends for the 2022 financial year...

Bengalla Coal Mine

Coal prices could exceed $648 a tonne says mining boss

A resources executive predicted unprecedented fossil fuel valuations could keep breaking records in the New Year. New Hope Group believes thermal coal prices will continue to soar above US$440...

BMA Australia

G7 considers phasing out coal before 2030

An intergovernmental meeting could shut down fossil-fuel production within eight years. Climate change ministers attending the next Group of Seven (G7) meeting might commit to phasing out coal as...