Whitehaven Coal 1H Net Profit A$257.6 Million, Down 86% On-Year
By Rhiannon Hoyle Australian miner Whitehaven Coal reported an 86% slump in first-half profit as coal prices fell from record-high levels and costs...
Source: marketwatch.com
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Whitehaven Says Annual Costs Tracking High, Cuts FY Capital Expenditure
By Rhiannon Hoyle Whitehaven Coal said production costs are tracking toward the top end of its full-year forecast as more coal comes from its open-cut...
Source: marketwatch.com
Will the End of Fossil Fuels Spoil the Lucky Country's Streak?
Australia’s moniker has often proved apt in part because of its plentiful natural resources. It is also uniquely vulnerable to climate change. Would a fossil-fuel-free world save it or destroy it?
Source: wsj.com
Materials Slide as Treasury Yields Hit New Highs -- Materials Roundup
Producers of metals and other raw materials fell after mixed earnings reports. Shares of Alcoa fell to their lowest level in roughly 20 months after the...
Source: marketwatch.com
Australia's Whitehaven to Buy Two BHP, Mitsubishi Coal Mines -- 2nd Update
By Rhiannon Hoyle Mining giant BHP Group and Japan's Mitsubishi have agreed to sell two jointly owned steelmaking coal mines in Australia to Whitehaven Coal...
Source: marketwatch.com