ASX Announcements
Update - Notification of buy-back - WHC
Daily Share Buy-Back Notice
Update - Notification of buy-back - WHC
Daily Share Buy-Back Notice
Blackwater Reserves & Resources Update
Progress Report
Update - Notification of buy-back - WHC
Daily Share Buy-Back Notice
Update - Notification of buy-back - WHC
Daily Share Buy-Back Notice
November
The six BHP leaders who could drastically change the company
The next chief executive faces a big decision over how to maximise the company’s copper division. Some believe a break-up should be on the cards.
The secret weapon boards are deploying to survive AGM season
Anger from Australia’s largest investors is spilling over this AGM season but boards are fighting back.
October
AustralianSuper spells end of coal mining troika
The country’s largest super fund is Whitehaven’s largest shareholder, bringing some governance glare to the company’s board.
August
Whitehaven blasts Queensland coal royalties as jobs go on the line
The coal producer joins BHP in warning it may be forced to cut jobs in Queensland, with both stepping up criticism of the state’s royalty regime.
Aurizon in discussions to sell $4b stake in Queensland rail network
The country’s largest listed freight business has spoken to private infrastructure investors and hedge funds in what could be its biggest shake-up in 15 years.
June
AustralianSuper found another $60m behind the couch
The country’s largest super fund’s disclosure of more shares in Queensland coal producer Whitehaven came late to the market.
AustralianSuper’s $298m bet on coal
The country’s largest super fund has become the second-largest shareholder in Queensland coal producer Whitehaven.
Billionaire bust-up spells trouble for decades old mining empire
The two octogenarian founders of global commodities giant AMCI have had a bitter falling out, and it has paralysed one of Australia’s most successful miners.
May
AustralianSuper invests in Whitehaven Coal, says it is ESG consistent
The big investor says it was drawn to the miner’s shift to metallurgical coal and remains committed to net zero by 2050 after buying shares last week.
April
Big mining’s decade of inflationary pressure is ending
Market updates from Fortescue, Whitehaven and Stanmore Coal suggest production costs at Australian mines are falling after almost a decade of inflation.
Australian exports safe from Trump’s ‘beautiful coal’ dream
The president’s push to reinvigorate the US coal industry will not seriously affect Australia dominance of exports to China, experts say, but prices are likely to fall further.
February
What we learnt: Telstra’s mobile dominance is making investors say OMG
Telstra gets its balancing act right, Wesfarmers deregulates itself, Transurban goes for growth and Fortescue struggles to get its shiny project up and running.
Andrew Forrest takes control of rare earths mine, magnet maker
While his flagship company Fortescue retreats from hydrogen, Andrew Forrest’s private company has taken control of some rare earths mining and processing assets.
Whitehaven, New Hope and Bowen dig deep to revive coal lobbying
From t-shirts to right-wing campaign groups to its own lobbyists and new industry group, the coal industry is getting its mojo back.
January
Whitehaven sells more coal but supply depresses prices
Australia’s largest independent coal miner has fetched “disappointing” prices over the last quarter as the coal super-cycle fades.
Coal price slumps to three-year low as super-cycle fades
The commodity is now selling for 23 per cent less than it was only five months ago as a surge in global supply meets a warmer-than-usual northern summer.
November 2024
Private credit will lick its lips over Peabody’s $3.2b bridge loan
We’ve seen this movie elsewhere in Australian coal: a miner buys mines, and funds the deal with a short-term loan. Enter private credit.
As Ukraine crisis worsens, big oil and gas see rising share prices
Two major oil benchmarks rose 6 per cent last week, and are expected to continue climbing amid fears the conflict with Russia will intensify.
Coal miners halt climate fund donations citing lack of projects
Australia’s cashed-up coal miners have put the brakes on contributions to an industry decarbonisation fund and the decision will be reviewed “periodically”.
October 2024
BHP grooming ‘internal candidates’ for chairman, CEO succession
BHP chairman Ken MacKenzie says directors of the miner will discuss whether it’s time for a new chairman in 2025.