Whitehaven Coal Ltd on Thursday reported a record full-year 2019 underlying profit and a bumper dividend that beat expectations, although analysts said an oversupply of thermal coal could cause headwinds to future profits.
Australia&rsqu... Continue reading
National Australia Bank is forecasting steady growth in thermal coal prices though to July-September next year after a retreat in the current quarter, but prices are not expected to return to the levels seen earlier in 2019, National Australia Ban... Continue reading
One of the few remaining bulwarks propping up the U.S. coal industry is languishing.
Prices for steelmaking coal, which has sustained miners as exports decline and power plants forsake the fuel, are down 22% since May as concerns about t... Continue reading