NewsBite

Stanmore Resources Limited

ASX Announcements

Update - Dividend/Distribution - SMR

Dividend Record Date, Dividend Pay Date, Dividend Rate

  • Sep 5, 2024
  • 4 pages

Market Sensitive

Isaac South Project - Designated Area Agreement

Progress Report

  • Sep 4, 2024
  • 3 pages

Payment of Contingent Consideration to BHP

Progress Report

  • Aug 30, 2024
  • 1 page

Gas to Electricity Project

Progress Report

  • Aug 26, 2024
  • 1 page

Market Sensitive

Refinance of Debt Facilities

Debt Facility

  • Aug 26, 2024
  • 1 page

View all SMR announcements

June

Indonesian billionaires dig into Australian coal mines

Indonesian conglomerates have ploughed more than $3 billion on coal mining projects in NSW and Queensland since 2016, records show.

  • Elouise Fowler

April

.

China’s biggest steel maker exits Queensland coal

Chinese state-owned steel maker Baowu has called time on a dirty decade by selling an undeveloped coal asset acquired in the 2014 takeover of Aquila Resources.

  • Peter Ker

March

Tribeca’s Ben Cleary at his Brisbane office.

Glencore urged to keep coal, seek ASX home

Activist investor Tribeca has told Glencore directors they could add billions in value by retaining coal and embracing the ASX as its primary listing.

  • Peter Ker

December 2023

Investors face a fascinating year ahead, with megatrends likely to continue to shape the way markets perform.

Top investors name 11 long-term stock picks

Healthcare, digitisation and resources are the big themes that dominate the list of stock picks from top fund managers. 

  • James Thomson
Stanmore Resources’ largest shareholder has trimmed its position.

Stanmore Resources’ Indonesian backer in $167m selldown

The trade was done at $3.70 a share or a steep 9.3 per cent discount to Stanmore Resources’ $4.08 last close.

  • Sarah Thompson, Kanika Sood and Emma Rapaport
Advertisement

September 2023

BHP is in the process of selling two of its Queensland mines, Daunia and Blackwater, but has kept its most valuable coking coal mines, including Goonyella, Riverside, Peak Downs and Saraji.

Grant Samuel slings Singapore lenders for Stanmore’s BHP coal tilt

Street Talk understands Stanmore and its adviser Grant Samuel have held meetings with prospective lenders in Singapore last week.

  • Sarah Thompson, Kanika Sood and Emma Rapaport

March 2023

Sydney-based activist investor Jeremy Raper worked at Goldman Sachs.

Activist investor gets modest increase out of Indonesian coal barons

Former Goldman Sachs banker Jeremy Raper said a 15pc increase in an offer for the parent of Stanmore Resources was ‘pretty stingy’.

  • Aaron Patrick
Matt Latimer has an estimated wealth of $450 million.

Thanks to BHP, this Noosa coal salesman is worth $450m

Matt Latimore is using Indonesian capital to build an integrated coal company based on two former BHP mines.

  • Aaron Patrick
Sydney-based activist investor Jeremy Raper worked at Goldman Sachs.

Singapore investors back Australian activist on Stanmore takeover push

Former Goldman Sachs banker Jeremy Raper has won the support of the shareholder association in a campaign to force a wealthy family to pay more to increase its ownership of the coal miner.

  • Aaron Patrick

Yancoal keen on BHP’s Queensland coal mines

Acquisition of Rio Tinto’s coal mines made Yancoal arguably Australia’s most indebted company five years ago. Now it’s cashed up and ready to buy BHP’s mines.

  • Peter Ker
.

ASIC eyes Stanmore disclosures amid takeover stoush

The Queensland miner told investors it had provided information to its largest shareholder, a group controlled by the wealthy Indonesian Widjaja family.

  • Aaron Patrick

February 2023

Stanmore reports bumper profits as global energy crunch supports coal prices.

Stanmore Coal’s hundredfold profit jump

The report is the latest in a string of bumper profits reported as a result of a global energy crunch.

  • Colin Packham
BHP wants to own coking coal mines for years to come; but only the best ones.

BHP wants coking coal for the long haul despite mine sales

BHP chief Mike Henry says coking coal remains in BHP’s long-term plans but only the elite, hard coking coals that will survive longest in a low carbon world.

  • Peter Ker

BHP to offload more coal mines as profit slumps

The Daunia and Blackwater coking coal mines are on the market as the nation’s biggest company continues its pivot toward the metals needed for decarbonisation.

  • Peter Ker
Private investor Jeremy Raper worked at Goldman Sachs for four years.

Why this Sydney banker is fighting one of Indonesia’s richest families

Ex-Goldman Sachs analyst Jeremy Raper is trying to get authorities to intervene against a family’s grab for Stanmore Resources and its Australian coal mines.

  • Aaron Patrick
Advertisement
Argo Investments managing director Jason Beddow.

Argo boss says big bank dividends safe even in a downturn

The managing director of the $7 billion investment group says CBA deserves its hero status and if conditions sour, ANZ, NAB and Westpac will still be OK.

  • Simon Evans

January 2023

How fundies are playing the China reopening commodity boom

While raw material prices and mining stocks have rallied in anticipation of the boost to demand, fund managers are still finding value in the resources sector.

  • Alex Gluyas

October 2022

Timing is everything in Peabody’s pursuit of Coronado

War in Ukraine has inverted the normal coal price hierarchy, making it a good time for a thermal coal miner to forge a $9.2b merger with a coking coal miner

  • Peter Ker

August 2022

Stanmore Coal pays Mitsui $535m for full control of mines

The Australian resource company has taken full control of two coal mines in Queensland, which have helped drive it to record half-year results.

  • Updated
  • Colin Packham

Brokers sniff around Stanmore as Mitsui mulls BMC stake

Analysts are tipping a $US400 million to $US500 million price tag for the 20 per cent stake.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Original URL: https://www.afr.com/company/smr-1gf