Articles On Stanmore Coal (ASX:SMR)

One of the biggest threats to decarbonising the steel industry is a lack of high grade iron ore IEEFA energy finance analysts say new tech could enable lower grade iron in low emissions steelmaking BHP thinks blast furnace using met coal w...

Stanmore Resources (ASX: SMR) has announced it will buy Mitsui and Co’s remaining 20% stake in BHP Mitsui Coal (now renamed Stanmore SMC) the company’s joint venture with BHP Group (ASX: BHP), for an estimated for $380 million. The Australi...

Iron ore prices remain steady but ANZ commodity strategists say supply-side failures are propping up prices ANZ and Westpac knock down year end forecasts Coal miners lead resources stocks as ASX closes the week Analysts at one of Australi...

The benchmark grumbles to a slovenly 0.7% slide Aussie bond yields have risen 13 basis points as recession chatter continues Domino’s sinks after getting laughed out of Italy The ASX has been consistently indolent, even – dare we say it –...

S&P/ASX 200 Index (ASX: XJO) coal shares are firing up again today despite the broader market hovering in negative territory. At the time of writing, the ASX 200 is down 0.8% following a choppy session on Wall Street overnight. This fo...

Stanmore Resources pays US$380 million to suck up 20% stake in Poitrel and South Walker Creek mines $2 billion coal miner generated US$232.7m profit in the first half after buying 80% of the asset from BHP in May Materials stocks fall with...

The Stanmore Resources Ltd (ASX: SMR) share price is in the green on Friday following the release of its half yearly results for the period ending 30 June 2022. At the time of writing, Stanmore is trading 6% higher at $2.14 apiece, a shad...

Stanmore Resources’ (SMR) subsidiary Dampier Coal signs a share sale agreement with Mitsui to acquire the remaining 20 per cent interest in Stanmore SMC SMR plans to fund the US$380 million acquisition (set to be reduced by any dividends p...

  ASX makes a warm-ish 0.7% start to the month US shares help fuel the rise after Wall Street’s best month since November 2020 10 from 12 Aussie sectors in the green with battery metals driving Large Cap wins     The ASX 200 is on track t...

Just when you thought it was safe to get back in the hot water, the chiefs in charge of keeping the lights on – literally – the Australian Energy Market Operator, broke the glass on the emergency (panic) gas button again late on Tuesday. Th...

The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) were mostly flat on Tuesday around midday. However, ASX tech shares led the ASX higher on Monday, taking a lead from the bullish vibe displayed on Wall Street on Friday. The...

S&P/ASX 200 Index (ASX: XJO) shares bounced back from Friday’s disappointing trade today, starting the week out on the right foot. The index closed Monday’s session 1.23% higher at 6,687.10 points. Leading the upwards charge was th...

ShareCafeStocks of the Hour: 18 July, 2022                    Coal stocks are moving higher today after Australia’s Whitehaven Coal (ASX:WHC) on Monday posted a 16.9 per cent rise in fourth-quarter production — driven by higher output...

A research note suggesting China could open up to Australian coal within two months sent stocks soaring yesterday Shaw and Partners research head Peter O’Connor says it could improve demand and prices for Australian coking coal Australian...

Rumours of China lifting coal ban on Australian set markets a flutter Coal stocks surge after Shaw and Partners mining guru Peter O’Connor says news could give boost to met coal RBC says low expectations could lead to happy punters as mine...

ShareCafeEvening Report: 13 July, 2022 by Melissa Darmawan   Australian shares lacked conviction as investors remained cautious ahead of the US inflation data. The index remained in a holding pattern as it jumped above and below the flat li...

ShareCafeLunch Report: 13 July, 2022 by Melissa Darmawan   Australian stocks have lacked conviction today, shuffling above and below the flat line as investors weigh up the prospect of an aggressive rate hiking path to combat multi-year hig...

Highlights The Australian share market finished the financial year 2022 in the red. The benchmark ASX 200 ended 9.5% lower. The metals & mining and resources sectors emerged as top gainers. The Australian share mar...

Energy and utility shares helped drive the S&P/ASX 200 Index (ASX: XJO) higher on Tuesday. The index is up 0.6% at 6,7426.10 points at market close on Tuesday. The two leading sectors brushed off Wall Street’s poor start to the wee...

ShareCafeQueensland’s New Coal Royalty Program After a decade-long freeze, the Palaszczuk government announced that it would be increasing royalties on the production of coal, sending waves of concern through the coal-mining industry. Alrea...

Queensland coal miners have reacted angrily to changes in the state’s royalty rate they say are the “highest in the world” Bowen Coal’s Nick Jorss says the sudden move, which outstripped pre-budget expectations, will harm QLD’s status as a...

ASX and US futures dip in afternoon session Crown gets gaming license for Sydney US Fed Chairman Jerome Powell is due to testify at the Capitol tonight After rallying by as high as 0.50% in the morning, the ASX lost momentum and finished...

ASX coal shares have, as a whole, been riding high on the back of record thermal and coking coal prices. Coal prices were already high by historic standards heading into 2022. This came as supplies were unable to match soaring demand, foll...

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...

Bowen Coal bypasses traditional banks to secure $190 million in funding to advance revival of Burton mine in Central Queensland Shares fall more than 40% after announcement of financing arrangement, which includes a $40 million convertible...

ASX 200 closed lower by 0.2% Coal stocks rose after BHP announcement Link in hot water after the ACCC throws its weight on merger deal   Aussie blue chips mostly traded sideways today, with the ASX 200 index finally ending the day down by...

MoneyTalks is Stockhead’s regular drill down into what stocks investors are looking at right now. We’ll tap our extensive list of experts to hear what’s hot, their top picks, and what they’re looking out for. Today we hear from Jessica Amir...

The All Ordinaries Index (ASX: XAO) has struggled this year – tumbling 6% year to date – but not all shares on the index have suffered. In fact, these three have gained more than 130% in 2022 so far. Let’s take a look at what’s been drivin...

Coal prices surged 27.1% to keep the record run going for the energy commodity in May Rare earths and lithium prices rebounded from short term dips Uranium, iron ore, copper, nickel and gold all fell, with China’s Covid lockdowns a major f...

Highlights Australia is considered the fifth largest producer and the second-biggest coal exporter in the world. Australia has the third-largest reserves of coal in the world after the US and Russia. Shares of three ASX-listed coal st...

After a strong start to the week, the All Ordinaries Index (ASX: XAO) has slipped into the red on Monday afternoon. But not all is dire. Some of its constituents smashed their 52-week highs earlier today. In fact, one All Ordinaries share...

The acquisition of BMC (80%) transforms Stanmore Resources’ (ASX:SMR) operating scale, improves its risk profile and significantly improves its equity appeal.

ASX 200 rose to its fourth consecutive day Miners led the bourse as risk sentiment returns Australian wages grew less than expected   The rebound in sentiment has been as swift as its drop last week, with the ASX now notching up its fourt...

Ask A Fund Manager The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In this edition, Glenmore Asset Management portfolio manager Robert Gregory explains why he loves two particular A...

PCI coal prices surged to record highs of around US$650/t after Russia’s invasion of Ukraine While that will be a short term boon for miners, analysts from IEEFA say hydrogen injection in blast furnaces could make it the first style of met...

Superheated commodities at risk of 2008 style “pump and dump” as stock markets recede: Bloomberg Intelligence As industrial metals like copper fade gold could take up the running and move beyond US$2000/oz Miners in positive territory toda...

The BHP Group Ltd (ASX: BHP) share price has kicked off May 2022 in the red. What is the outlook for the company for the rest of the month and beyond? Without a crystal ball, it’s impossible to know what a company’s share price is going to...

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...

Today, the S&P/ASX 200 Index (ASX: XJO) slipped into the red following the Reserve Bank of Australia’s decision to lift the cash rate for the first time in 11 years. At the end of the session, the benchmark index finished 0.42% lower a...

China’s PMIs dropped to their weakest level in more than two years in April While that’s bad for commodities, Commbank analyst Vivek Dhar says a wave of government infrastructure investment could support demand for steel, aluminium, zinc a...

Today, the S&P/ASX 200 Index (ASX: XJO) had another leg up as numerous companies posted their quarterly updates. At the end of the session, the benchmark index finished 1.06% higher at 7,435 points. Tech investors inhaled a breath of...

The All Ordinaries Index (ASX: XAO) recovered from a disastrous 4-session, 4.3% tumble today, recording its first gain of the week with the help of these shares. They each gained more than 9% today. Impressively, some have managed to chalk...

Today, the S&P/ASX 200 Index (ASX: XJO) broke free of the prevailing concern surrounding markets. At the end of the session, the benchmark index finished 1.32% higher at 7,356.9 points. Surprisingly, nearly all sectors across the Auss...

Highlights Australian markets remain low reaching a new 20-day low today (27 April). Materials sector, especially metal and mining stocks are amongst the few in green today. Top metal and mining stocks in focus are FMG, RIO and BHP....

Alumina boss says medium term outlook for market for aluminium feedstock is very strong Decarbonisation and industrial growth will increase demand by 11Mt, 3.5 times planned new supply outside China BHP brings materials sector down as Dete...

Well, it was another top day of trading today for the All Ordinaries Index (ASX: XAO). The All Ords ended up finishing this Thursday at just under 7,900 points, its highest level since January. But it was an even better day for some ASX Al...

ASX energy shares received plenty of attention over the quarter just past. And for good reason. Energy prices, as we’re sure you’re aware, have gone through the roof. The trend commenced last year, with energy demand ramping up as the worl...

Most everyone investing in ASX shares is looking for companies that will go up in value over time. And perhaps pay some healthy dividends along the way. But that’s not the sole concern for many investors, who also seek out ASX shares that...

With some ASX shares almost doubling while other fell by more than half, the All Ordinaries Index (ASX: XAO) finished the quarter almost flat, gaining a slender 0.1%. So, which were the top two performers and which came in last? We’ll star...

After a strong run in 2021, which saw the All Ordinaries Index (ASX: XAO) gain 14%, ASX All Ordinaries shares have had a more difficult time in 2022. From the closing bell on 31 December through to the closing bell on 31 March, the All Ord...