Articles On Allegiance Coal (ASX:AHQ)

Aussie markets lower Regional markets also sink ahead of US inflation data iSelect jumps 75% on takeover   Local markets were overdue some bloodletting and the Commonwealth Bank (ASX:CBA) drew the first cut in morning trade, boring invest...

Coal miners will be watching international markets closely tonight as a ban on Russian coal proposed by the European Commission back in April comes into effect. Ever since Russia’s invasion of Ukraine, the frailty of European energy markets...

ASX coal shares are in focus today amid a large steel maker issuing supply warnings. Coal shares on the ASX include Whitehaven Coal Ltd (ASX: WHC), New Hope Corporation Limited (ASX: NHC). Others include Yancoal Australia Ltd (ASX: YAL)...

ASX benchmark ends 0.6% ahead Peregrine’s gold rush slows, but still up more than 85% for the day The UK is looking awesome, if you’re a fan of recessions The ASX has had a pretty stable afternoon today, after the ASX 200 rose to a 0.5% g...

Ever since the Medibank Private Ltd (ASX: MPL) share price was first listed on the ASX boards back in 2014, the company has made a name for itself as a strong and consistent dividend payer. Medibank use to be a government-owned company. Bu...

NIB Holdings Limited (ASX: NHF) shares have fallen slightly over the past month, but what are their future prospects? The NIB share price has slipped 0.41% in the last month, closing at $7.33 on Tuesday. That was 2.37% higher on the day....

The Australian share market is home to a large number of high quality companies with strong long term growth potential. In order to narrow things down, I’ve picked out two ASX shares that are highly rated by experts. Here’s what you ne...

Goldman Sachs analysts say iron ore prices could drop faster than expected on bearish steel sentiment But iron ore prices have strengthened as steel margins have improved and Chinese authorities have moved to support its property market an...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Wall Street inspires strong Asian market gains Bubs leads quarterly numbers at home Victory Goldfields becomes Victory REE for Wednesday Let’s start big and go little today. The S&P500 closed 2.6% higher early this morning – best sess...

The S&P/ASX 200 Index (ASX: XJO) is having a very strong day on Wednesday. In afternoon trade, the benchmark index is up 1.5% to 6,751 points. Four ASX shares that have failed to follow the market higher today are listed below. Hereâ€...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Benchmark down, small caps up Utilities ahead 1% and well, the energy sector is on fire And why early buyer James Gerrish from Market Matters was never bearish on WHC  The ASX Emerging Companies (XEC) index has closed 0.6% higher and the...

A planned merger between Australia and New Zealand Banking Group Ltd (ASX: ANZ) and Suncorp Group Ltd (ASX: SUN)’s Suncorp Bank will undoubtably bring about a major shift among ASX 200 bank shares. If successful, the $4.9 billion takeove...

Owners of Commonwealth Bank of Australia (ASX: CBA) shares may want to consider how the banking landscape may be affected by Australia and New Zealand Banking Group Ltd (ASX: ANZ)’s plan to buy the banking division of Suncorp Group Ltd (AS...

One ASX financial company is soaring ahead today following the release of its initial FY22 results. The Harmoney Corp Ltd (ASX: HMY) share price is currently surging 20.29% higher, trading at 83 cents a share. In comparison, the S&P/...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a disappointing decline. At the time of writing, the benchmark index is down 0.6% to 6,649 points. Four ASX shares that are falling more than most today are l...

The Allegiance Coal Ltd (ASX: AHQ) share price has cratered on Tuesday. The move follows the ASX coal miner releasing its quarterly activities and cash flow report and announcing an equity facility and strategic review. The company’s coal...

ShareCafeStocks of the Hour: 19 July, 2022                    Mesoblast (ASX:MSB)  announced this morning results from three randomised controlled trials that show single intervention with REXLE MESTR OCEL-L improves left ventricular...

19 Jul 2022 - A snapshot of the stocks on the move featuring Mesoblast (ASX:MSB), Allegiance Coal (ASX:AHQ) and TNG (ASX:TNG).

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Fenix Resources boss Rob Brierley says weakness in iron ore supply means prices will be set by demand Iron ore futures in Singapore hit 2022 low as China’s steel mills drop prices Coal miners begin to look cheap again as thermal prices pic...

Fenix Resources buys out haulage JV to take control of logistics, mimicking the structure of the Pilbara majors Rio Tinto opens 43Mtpa Gudai-Darri mine in the Pilbara as junior Strike prepares first shipment from Paulsens East Queensland c...

ASX 200 coal shares are enjoying huge gains on the market today. Multiple ASX 200 coal companies, including Whitehaven Coal Ltd (ASX: WHC), New Hope Corporation Limited (ASX: NHC), and Coronado Global Resources Inc (ASX: CRN), are on t...

Iron ore miners suffered a heavy sell-off yesterday as commodity prices fell on fears of Covid lockdowns in China Iron ore and steel market observer Mark Eames says there is more upside than downside thanks to the tight supply-demand balan...

Australia’s biggest bank has upgraded its long-term iron ore and coking coal forecasts in response to Covid, Chinese commodity demand and Russia But high energy prices could drive investment in decarbonisation, clouding the outlook for the...

ASX coal shares are struggling on the market today. The Whitehaven Coal Ltd (ASX: WHC) share price is falling 3.88% — having earlier been down almost 11% — and Allegiance Coal Ltd (ASX: AHQ) is dropping 4.35%. The S&P/ASX 200 Energy...

The Coronado Global Resources Inc (ASX: CRN) share price is in the red today. The coal miner’s shares are currently trading at $2.26 apiece, a 3% fall. The fall comes on the day of the company’s annual general meeting. Let’s take a look a...

China’s Covid Zero policy has seen analysts knock down economic forecasts Bad news for sentiment in steel and raw materials, with iron ore futures tumbling in afternoon trade Coal prices remain freaking high A precipitous slide in Asian i...

WoodMac sees pathway for steel industry to reduce emissions 30% by 2050 Transition will require shift away from blast furnace to scrap-based electric arc furnace steelmaking Despite Chinese strong steel output in April, Commbank sees suppo...

Iron ore miners have been looking fragile over the last week, clawing to hopes of a second half revival in the Chinese economy as the impact of its Covid lockdowns worsen. Prices remain relatively high compared to major producer margins, wi...

Stanmore has completed its ambitious US$1.2 billion ($1.7b) acquisition of BHP’s Poitrel and South Walker Creek coal mines Its founder Nick Jorss is aiming to repeat his success at new coal producer Bowen Coking Coal Jorss says steelmaking...

Commodities have been on a tear in the past couple of months and for most part, they have taken resource companies along for the ride. Here are what some of our miners were up to in the March quarter.   Aura Energy (ASX:AEE) Aura is cashed...

Allegiance Coal (AHQ) appoints Javelin Global Commodities as the exclusive marketing and sales agent for its coal production in Alabama, USA Javelin will market coal from both Allegiance’s Mary Lee and Blue Creek coal produced at its opera...

China’s steel output has shown signs of life, building throughout the first quarter of 2022 after collapsing to its slowest rate in four years in October and November 2021. That came despite widespread curbs on mill output due to the Winter...

ASX posts steady gains on Tuesday Activity stays strong in the small cap resources space US stocks futures pointing ~0.3% higher Local stocks shrugged off the post-Easter food coma with solid gains on Tuesday — a calm session in what’s be...

Iron ore and coal to drive $425 billion windfall for resources exports in 2021-22 according to Canberra forecasters India removes tariffs on Aussie coal exports as part of free trade deal Coal prices start to normalise (kinda), with premiu...

Australian companies are lining up to deliver new high grade iron ore mines in a bid to capture tailwinds from the need to reduce emissions across the sector. This week no less than three studies have been released by ASX-listed juniors, ta...

Analysts tipping a major correction in the coal price by the end of 2022 have changed their tune after Russia’s war with Ukraine blew up the market. Prices have confounded belief, with tightness in the seaborne segment of the coal market bo...

Highlights The benchmark ASX 200 was trading 0.15% up at 7,141.2 in the first 10 minutes of trading. The consumer price index in the US surged to a 4-decade high of 7.9%. European Central Bank (ECB) sped up the end of its gigantic sti...

Stockhead’s Top 10 at 10, published at 10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

Coal prices have bounded to new record highs on Russia’s invasion of Ukraine, extending the bonanza Australian based coal miners have enjoyed since the middle of last year. The stunning turnaround in metallurgical and thermal coal prices ha...

Allegiance Coal (AHQ) appoints Jonathan Romcke as Chief Executive Officer (CEO) and a Director of Intelligence Mr Romcke has a Bachelor of Engineering (Mining) Honours, from the University of Wollongong as well as Coal Mine Managers’, Unde...

Allegiance Coal (AHQ) files its application for an Environmental Assessment Certificate for the Tenas Coking Coal project in Canada The application was filed by Telkwa Coal with the British Columbia Environmental Assessment Office (BC-EAO)...

Back before the last mining boom buying a tonne of iron ore was little more than a trip to the corner store, with the bulk commodity fetching prices in the range of US$30/t. When Chinese steel production and industrial growth began to overt...

In one of the big iron ore headline makers of the past month the WA Government has released its new plan for Port Hedland, the world’s largest iron ore export hub. The Pilbara Ports Authority has already pushed its export rate beyond the 49...

Iron ore is in familiar territory right now. Talked down by analysts who predict it is due for a dive, the headline Australian commodity has been defiant in 2022 so far. Despite the column inches expended on the rise in crude oil prices so...

Allegiance Coal has quadrupled its revenues as it looks to take advantage of booming US coking coal prices and ramps up to full scale production at its Black Warrior and New Elk mines. The ASX-listed, American coal producer saw revenues cli...

The Pilbara iron ore miners are facing business pressures on a number of fronts, including the on again, off again story around the reopening of WA’s Covid border. The WA Government’s decision to delay its planned February 5 reopening inde...

The iron ore market does not offer the simple narrative that it did in the first two decades of the 21st century nor that of the suite of “green metals” like lithium, nickel and copper now hitched to electric vehicle sales and efforts to ma...