Media Room

Whitehaven posts record profits

Coal miner Whitehaven Coal has reported a record net profit after tax for the first half of 2019, on the back of an 11% increase in sales revenue.

Net profit after tax for the six months to December reached A$305.8-million, up 19% on the previous corresponding period, after revenues increased to A$1.27-billion, up from the A$1.14-billion in the previous corresponding period.

South32 finalising preferred list of coal mine bidders

The complete preferred list of bidders for South32’s energy coal interests is still being finalised, South32 CEO Graham Kerr told Mining Weekly Online on Thursday, when he also provided three reasons why the company’s Australian manganese operations are doing better than its South African manganese operations, and also commented on the steps that his group's aluminium smelters have taken t