Articles On Stanmore Coal (ASX:SMR)

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...

BHP and Rio partner with shippers in green consortium while BHP Nickel West announces major renewable deal Rio reveals it paid US$13.3 billion in taxes and royalties in 2021 after profit boom, most of that in Oz Coal miners soar on news of...

Financial stocks led the way as the ASX 200 dipped by around 0.5%. Large cap coal stocks also found demand following news of more Russia sanctions ASX 200 tech companies fell sharply, after leading the market on Monday ASX large caps outp...

S&P Global analysis shows global mining equities hit s 10 year high of US$2.34 trillion in February Pipeline activity index, a measure of activity globally in the mining industry, steady last month with few new resource announcements S...

Escalating conflict in Ukraine sends investors heading for gold as a safe haven with bullion now fetching US$1936.50/oz Newcrest Mining up 2.81% to lead gold sector BHP leads materials to 3.34% gain with outsized 5.1% increase in share pri...

Mining, Energy were the two best sectors today Tech was the worst performer following J Powell comments   Blue chip shares resumed their winning ways, posting a 1% gain today with miners and energy stocks leading the way. The ASX 200 inde...

Goldman Sachs says Rio’s Oyu Tolgoi bid a 43% discount to valuation Sanction threat tightens around Russian resources oligarchs with Aussie interests Materials index gains 1.41% in morning session on Friday Rio Tinto (ASX:RIO) could be fo...

Australia’s largest miners were marched back to the pavilion today thanks to some terrific bowling from the Omicron variant, as Covid reemerged in China’s most intense outbreak and lockdown in two years. The tech capital of Shenzhen, a city...

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...

The chooks are coming home to roost after Guinea’s September Coup d’Etat, after the military’s ‘transitional government’ sensationally ordered a halt to work on the Simandou iron ore mine. Simandou is a monster a multi-billion tonne deposit...

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...

Looking the goods ahead of the open, the ASX has been given a hideous Monday haircut, down about 1%, after the White House floated a thought bubble on slapping Russia with an oil embargo. Offshore markets have now overcome their initial pan...

The benchmark S&P/ASX 200 Index (ASX: XJO) has started the week poorly. On Monday morning the ASX 200 is now tracking 54 basis points lower at 7,056 points. One ASX share is flaming ahead of the pack today and is now trading 52.84% hi...

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

Coal explorer Stanmore Resources (SMR) is raising US$506 million (A$693 million) to partially fund the acquisition of an 80 per cent stake in BHP Mitsui Coal (BMC) The buy is costing the company US$1.2 billion (A$1.64 billion) and is consi...

The ASX Emerging Companies index (XEC) is up more than 1.5% on Thursday, while the benchmark ASX 200 is higher as well. Local investors are totally unconcerned by weak US futures when commodity prices behave like incensed lemmings. The alre...

Sitting and watching the world burn has never been so profitable for coal miners, who are in for a bonanza as Newcastle coal prices hit a new record of US$400/t and futures rose US$140/t in a single day. ICE Newcastle thermal coal futures f...

Stanmore Resources (SMR) has awarded EPSA Pacific a five-year, $564 million contract at its Isaac Downs metallurgical coal mine near Moranbah, New South Wales EPSA will also replace Golding as the statutory coal mining operator for the Isa...

The threat of supply disruptions across base metals and iron ore as well as continued strength in gold prices have proven a perfect storm for the materials sector. On a red letter day gold prodded US$1830/oz, iron ore packed on the pounds t...

Stanmore Resources (SMR) executes definitive documentation with certain financiers for its US$625 million (A$845 million) debt facility It follows a deal to acquire BHP’s 80 per cent stake in BHP Mitsui Coal (BMC) for US$1.2 billion (A$1.6...

Stanmore (SMR) provides an update on the 80 per cent acquisition of BHP’s 80 per cent interest in BHP Mitsui Coal (BMC) The company says the acquisition is expected to be complete by the middle of next year SMR has applied for approval fr...

There is a world of difference between a commitment to “phase-out” a commodity, and a proposal to “phase-down” a commodity, which is a reason for taking a fresh look at heavily oversold Australian coal mining companies. While not widely res...

There’s a new Aussie player in the green steel space and they have nothing to do with Andrew Forrest. A favourite of ESG investors across Australia and the world, Calix has shot up by more than 600% over the past 12 months on growing enthus...

BHP (ASX:BHP) believes China’s economy remains strong enough to support iron ore and other commodity prices despite evidence of a slowdown in the Asian economic powerhouse. Iron ore prices hit record highs of US$237/t in mid-May as Chinese...

Westpac is the latest major financial institution to knock down its iron ore forecasts after prices dived below US$100/t again on a slowdown in steel production in China it describes as the largest since 2008. It revised its price forecasts...

The S&P/ASX 200 (ASX: XJO) experienced a rare loss on Monday, falling around five points or less than 0.1% as a sell-off in the technology and healthcare sector offset gains in energy and mining. Healthcare fell by over 1% with CSL Limi...

Highlights  BHP Group Limited has decided to sell its 80% stake in BHP Mitsui Coal to Stanmore Resources Ltd. As per the agreement, Stanmore will be required to pay AU$1.1 billion upon the completion of the sale with an additional AU$1...

Highlights Australian shares retreated today. The ASX 200 dropped 0.1 per cent, or 4.7 points, to 7452.2. Travel stocks posted solid gains. Asian stock markets were mostly lower after Wall Street hit a new high. Bitcoin prices today s...