Articles On Stanmore Coal (ASX:SMR)

Allkem shares fall as investors digest poor quarter at Mt Cattlin Wet weather hammers Yancoal production but record thermal prices drive coal miner to strong ever position Stanmore remains on track at Queensland met coal mines, says demand...

A strong lead-in from Wall Street gave solid impetus to the Australian market on Tuesday, and the result was a lift of 114.8 points, or 1.7 per cent, in the benchmark S&P/ASX 200 (INDEXASX: XJO) Index, to 6779.2; while the broader S&amp...

It’s been an exercise in kicking thyself in 2022 for investors who ignored ASX coal shares or got out of them because they thought the transition to renewable energy was going to kill the coal industry quick. Case in point: Whitehaven Coal...

The bogeyman for metals prices in 2022, which seemed like they would go haywire in the aftermath of major global producer Russia’s invasion of Ukraine, has been China’s strict Covid response. Seemingly months and years behind the well vacci...

Aussie markets end Friday on a -0.80% disappointment US signals new cannabis laws, good news for Aussie producers Zelensky the hot tip to win a rare mid-war Nobel Peace Prize   The ASX has dribbled  it’s way towards Friday’s -0.80% close,...

The ASX drops 0.80% with 10 out of 11 sectors in the red Australia outperforms US and UK markets year-to-date The mythical soft landing may or may not be in sight, CBA sort of says   Aussie shares dropped 0.80% today, with a whopping 10 o...

Materials down 0.78% at 4pm on drops for iron ore trio Whitehaven hits new record high (again) with ERA and Allkem also up big Stanmore soars after completing buyout of Mitsui’s share of 10Mtpa+ SMC coal operations   The big iron ore mine...

In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to end the week in the red. At the time of writing, the benchmark index is down 0.5% to 6,782.9 points. Four ASX shares that are not letting that hold them back are list...

It’s lunchtime on Thursday in Waterloo’s Cauliflower Hotel and as Eggplant Bruschetta  the benchmark is trading stupidly higher – up 1.80% – and the Energy Sector is leading the way, as per, up 3%. Talk turns from weird pub food and the lon...

Highlights The ASX 200 benchmark index closed 1.23% lower to end at 6,474.20 points. Over the last five days, the index has lost 1.53% and has shed 11.70% over the last 52 weeks. Industrials, incurring the most losses, closed 3.04% lo...

Stanmore Resources (SMR) receives approval from the Australian Foreign Investment Review Board to acquire the remaining 20 per cent interest in BHP Mitsui CoalBHP Mitsui Coal, Mitsui’s subsidiary, will now be wholly-owned by Stanmore and h...

After three losing days, the Australian sharemarket or S&P/ASX 200 (INDEXASX: XJO) turned northward again on Tuesday, led by the resources stocks. After being scorched on Monday, the ASX 200’s coal and lithium stocks rallied on Tuesday...

South32 emissions rise as it commits to abandon greenfields met coal developments ASX mining giants are making little dent in near term emissions amid exposure to electricity grids and rising production   Net Zero by at least 2050 is a mu...

ASX 200 jumps 1.8%  Small Caps index adds 0.8% TYR and AQC lead small cap wins   The ASX Emerging Companies index (XEC) has risen 0.7% on Thursday. The benchmark 200 index climbed 1.8% on heavy late trade following quasi-dovish language...

It’s the canary in the, well, you’ve probably read enough of these by now to know the idiom. For iron ore prices that is steel production in China and downstream demand from things like car production, infrastructure and property developme...

ShareCafeEvening Report: 6 September, 2022 by Paul Sanger   The ASX started off optimistically on Tuesday, but reversed early gains as investors mulled the Reserve Bank’s latest rate hike, closing down on the day. The RBA’s latest raise of...

ShareCafeLunch Report: 6 September, 2022 by Paul Sanger   Coal, one of Australia’s biggest commodity exports, has surged to record levels as a result of the energy crisis, with the price of Newcastle coal soaring to all-time highs as miners...

ShareCafeStocks of the Hour: 6 September, 2022                    Coal, one of our biggest commodity exports, has surged to record levels as a result of the energy crisis, with the price of Newcastle coal soaring to all-time highs as...

13 resources stocks made gains of over 100% in August – a huge jump from June (1) and July (3) Rare earths and lithium stocks dominated top 50 Copper explorer Cobre  backed up July’s sector-leading 231% gain with another 435% in August  ...

ShareCafeLunch Report: 19 August, 2022 by Paul Sanger   At noon, the S&P/ASX 200 is 0.07 per cent or 5.30 points higher at 7118.10. Coal mining stocks on the move again today. Terracom (ASX:TER) up 6.15 per cent, Whitehaven Coal ( ASX:W...

Newcrest holds fire on US$60 million option for 5% of Havieron gold-copper mine Shares in Australia’s biggest gold miner lift as it declares “confident” US20c dividend Energy stocks go mad on Friday, with Whitehaven Coal pushing to record...

BHP’s record day powers materials to 1.66% gain Mt Gibson Iron falls after deadly combo of fire and non-cash impairment It’s earnings season on the ASX and BHP’s (ASX:BHP) stupidly big profit and dividend payout has papered over some seri...

Today, Monday the 15th of August, we are happy to buy ResMed Inc. (ASX:RMD), Stanmore Resources (ASX:SMR), and Alliance Aviation (ASX:AQZ).

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...