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Whitehaven Coal has acquired two metallurgical coal mines in Queensland from BHP Mitsubishi Alliance (BMA). The sale signals optimism about demand for Australian metallurgical coal that will prove misplaced in the long term.
Whitehaven boss Paul Flynn’s pay is the new battleground in the battle with activist investor Bell Rock, but proxy advisors have thrown support behind the miner.
But Bell Rock, the London hedge fund agitating against the company, is demanding the proposed purchase of the BHP operations be put to a shareholder vote.
The latest news, opinion and analysis for Prospect by Marcus Chown
Sarah Bax Horton, who is a relative to an officer who conducted the original investigation, claims a man named Hyam Hyams is the real mysterious serial killer who went on a spree in London in 1888.