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3 September 2010
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NEW HOPE CORPORATION LIMITED STORIES

[34 Results - Showing Results 1 to 30]

New Hope lifts production, sales and exports


NEW Hope increased raw coal production by 20% to 9.67 million tonnes in the 12 months to the end of July, while the company is expecting to pick up two Central Queensland coal permits in the next few months.
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Macarthur back on the acquisition track


THE rationalisation of the Australian coal mining sector is set to continue, with Macarthur Coal calling for a trading halt this morning ahead of the announcement of an acquisition and capital raising.
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New Hope lifts output


NEW Hope Corporation’s raw coal production is up 13% year-on-year to 2.52 million tonnes for the three months to the end of April while sales increased 5% to 1.34Mt.
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Peabody dives into Macarthur data room


PEABODY Energy is accessing a data room provided by Macarthur Coal as part of the due diligence for its $A4.1 billion cash bid for the Queensland coal producer.
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Macarthur’s manic Monday


NEW Hope has revised its multi-billion dollar Macarthur Coal takeover bid, adding a cash option of $A14.50 a share, while broker circles speculate Xstrata will make a bid next week.
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Gloucester settles 100% higher


GLOUCESTER Coal has locked in 100% increases for its annual semi-hard coking coal contracts.
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Macarthur uncertainty


WITH Peabody, New Hope and possibly Xstrata interested in taking the company over, Macarthur Coal has delayed the shareholder vote on its takeover offer for Gloucester Coal from today to next Monday and is less certain on how the deal might play out.
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Macarthur becomes industry prey


NEW Hope has made a $A3.71 billion scrip-based takeover offer for Macarthur Coal, trumping Peabody’s $3.56 billion offer, while Xstrata is reportedly considering a bid.
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Rock Stocks: Juniors drive up on positive news
Exclusively for Premium Subscribers


COAL is the flavour of the day with cashed-up Australian coal miner New Hope sparking renewed interest in the commodity with a takeover bid for Macarthur Coal. By Ron Berryman, editor of RESOURCESTOCKS magazine
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New Acland boosts New Hope


NEW Hope has reported an interim net profit before non-recurring items of $A111.6 million as production increases from its New Acland mine in Queensland helped lift export sales by 31.5% to 2.2 million tonnes.
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New Hope ramps up Acland


NEW Hope increased coal production 20% year-on-year in the past three months as it completed the expansion of its New Acland mine, lifting the Queensland open cut to 4.8 million tonnes per annum of capacity.
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No dramas for New Hope


CASHED-up coal producer New Hope is shooting for production and sales of 5-6 million tonnes this financial year.
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New Hope expansions on track


NEW Hope has several expansions on the go, with the ramp-up of the New Acland mine in southeast Queensland nearly complete, a new stacker installed at Brisbane port operator Queensland Bulk Handling and exploration continuing at several projects.
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New Hope has another record year


NEW Hope has lifted net profit 2050% for the recent financial year, thanks largely to the $A2.45 billion sale of its Saraji project to BMA which was completed 12 months ago.
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New Hope living by its name


NEW Hope is still on the acquisition hunt, with managing director Robert Neale outlining how the company plans to navigate the current volatility in the industry at the 5th Coaltrans Australia conference in Brisbane yesterday.
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New Hope lifts Acland reserves


NEW Hope has boosted the total coal reserves of its Acland open cut thermal coal mine in Queensland by 20% while the resource tonnages remain unchanged for the Lenton and Bee Creek projects.
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Is more coal action brewing?


WITH Noble Group’s $A7 a share takeover bid wooing the directors of Gloucester Coal, pushing its share price up 18% this week, will there be more merger and acquisition activity in the coal sector?
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New Hope maintains record output


QUEENSLAND coal producer New Hope Corporation continued to produce at record levels during the three months to April 30 despite tough economic times.
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Queensland resources outperforming other sectors


QUEENSLAND resource stocks outperformed every other market sector in the March quarter according to Deloitte’s inaugural Queensland Energy & Resources Index.
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Cashed-up New Hope rakes in profits


HAVING bolstered its books with the $A2.45 billion sale of its Saraji coal project to BHP Billiton Mitsubishi Alliance, New Hope has raked in an extra 143.3% in net profit from ordinary activities, ramped up production and splashed out on new equipment.
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New Hope keeps schedule


NEW Hope is on schedule and budget to complete the $A36 million expansion of its New Acland open cut coal mine 35km northwest of Toowoomba in Queensland, despite the gloomy financial times.
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New Hope production lift leads to profit boost


QUEENSLAND coal miner New Hope lifted coal production by 16% to 4.5 million tonnes in the last financial year, which boosted company profits, the miner reported today.
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New Hope upgrades guidance


COAL producer New Hope Corporation has upgraded its net profit after tax guidance for the 2008 financial year to $A88–91 million.
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BHP in $2.45bn coking coal buy


BHP Billiton, as part of its alliance with Japanese company Mitsubishi, will pay $A2.45 billion for the New Saraji metallurgical coal project in Queensland’s Bowen Basin.
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High results give great hope


QUEENSLAND coal producer New Hope Corporation lifted operational net profit by 9.4% to $A36.6 million for the six months to January 31 on the back of higher production and sales.
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New Hope admits defeat in battle for Resource Pacific


NEW Hope Corporation will officially withdraw its bid for miner Resource Pacific after giant Xstrata Coal submitted a higher offer for the company.
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Xstrata, New Hope fight for Newpac


A BIDDING frenzy has began for Hunter Valley miner Resource Pacific as New Hope Corporation and Xstrata Coal launch takeover bids in an effort to gain control of the company's sole mine, Newpac.
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New Hope Coal lifts output


QUEENSLAND producer New Hope Corporation has announced an annual profit of $A69.3 million for 2006-07, up 0.9% on the previous year.
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Bumper quarter for New Hope


IT WAS good news all round for New Hope Corporation with production figures and sales up for the July quarter.
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New Hope posts positive quarter


NEW Hope Corporation has posted a 6% jump in raw coal production for the quarter ended January 31, 2007, with coal sales down from the corresponding quarter due to shipping delays.
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