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Whitehaven Coal Posts September Quarter Managed Run-Of-Mine Production Of 5.2Mt
Whitehaven Coal Says Sees FY22 Managed ROM Coal Production Between 20.0 – 21.5 MT
Whitehaven Coal Gets Notice From Market Forces Seeking Resolutions At AGM
Whitehaven Coal Ltd is an Australia-based company engaged in the production of coal. The Company is focused on the development and operation of coal mines in New South Wales and Queensland. The Company operates through two segments: open cut operations and underground operations. It operates four mines, three open cut and one underground, in the Gunnedah Coal Basin in North West New South Wales, producing metallurgical and thermal coal for export to developing economies across North and South East Asia. It also operates two development assets , Vickery, near Gunnedah, and Winchester South, in Queensland's Bowen Basin. The Company produces coal using open-cut mining methods at Maules Creek, Tarrawonga, and Werris Creek, and underground mining methods at Narrabri. The Maules Creek is located approximately 45 kilometers south east of Narrabri. The Narrabri underground mine is located approximately 17 kilometers south-east of Narrabri and 70 kilometers north-west of Gunnedah.
L 28 259 George St
Mark Anthony James Vaile
Independent Non-Executive Chairman of the Board
Chief Executive Officer, Managing Director, Executive Director
John C. Conde
Independent Non-Executive Deputy Chairman of the Board
Chief Financial Officer
General Counsel, Company Secretary
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Australia's Environment Minister Sussan Ley on Thursday approved an expansion of a Whitehaven Coal mine - a decision which comes despite a historic court ruling that she had an obligation to children to consider the harm caused by climate change.
* Says no weakening in demand for thermal coal (Recasts with annual output, adds comments and shares)
Australia's Whitehaven Coal said on Thursday it expected a government decision by Aug. 30 on approval for its Vickery coal mine extension, after a court ruled in May that climate change factors must be considered in the decision.
Australia's Whitehaven Coal posted a 39.2% fall in fourth-quarter saleable coal production on Thursday, hurt by downtime at the Narrabri mine following geological challenges and repair work.
A class action against a coal mine extension that begins on Tuesday could make it more difficult for coal mines to be approved in Australia on the basis of intergenerational equity and climate change, if the claimants prove successful.
Whitehaven Coal said on Wednesday it had swung to a half-yearly loss due to a decline in coal prices and held back dividends, but anticipates a stronger second half as coal markets recover in 2021.
Whitehaven Coal on Wednesday reported it had swung to a half-yearly loss as the COVID-19 pandemic led to a decline in coal prices over the period.
Whitehaven Coal on Friday urged its shareholders to vote against a resolution at its annual general meeting that pushed for disclosing a plan annually on how it would meet certain goals of the Paris Agreement on climate change.
A New South Wales state regulator on Wednesday gave the green light for Australian miner Whitehaven Coal Ltd to proceed with the expansion of a controversial coal mine, in a blow to local farming communities.
* Notes coronavirus impact on customer demand (Adds analyst comment, share price movement)
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