coal mining stocks asx. Whitehaven Coal (ASX:WHC) lifted 6. coal mining stocks asx

 
 Whitehaven Coal (ASX:WHC) lifted 6coal mining stocks asx  482

85% gain), but down the speccy end vibes were subdued. Cobalt. AGL plans early closure of SA gas power station, ANZ exits Myanmar and Chalice reveals ‘outstanding’ drilling results at Julimar. Ticker. In my view, we are closer to a cycle top than low in most commodities. 4mtpa, whilst cash costs were FOB US$84/t in 1H22. 0. About the Company. Updated Nov 2, 2023. ASX lithium shares represent a range of companies, primarily focused on finding and extracting the raw material as well as processing. Resources and energy stocks are dominating the list of ASX listings with low P/E. Bell Potter remains bullish on the ASX 200 mining share, placing a speculative buy and an $11. Sort alphabetically, by performance or market cap. Pilbara Minerals claims to be the ASX. S. According to Zen Score, the 3 best coal mining stocks to buy right now are: 1. Coal miners are now enjoying their best run in years, with some rising in double digits even as general mining stocks are being hammered. Wollongong Coal Limited (ASX Code: WLC) is an Australian mining business which owns and operates Russell Vale Colliery and Wongawilli Colliery in the Southern Coalfields Region of New South Wales. 92%. Iron ore production began in the 1960s at their Savage River Mine. Export Value (2020) Associated Stocks. It operates in Wyoming, Illinois and Indiana, as well as New Mexico, Arizona, and Colorado. There are a total of 17 company stocks in FKnol. Oct 1. View dividend history, insider trades and ASX analyst consensus. 3 times between today and 2030. +0. Download our Sustainable Development Report 2023. 49%. 8 per cent, to 7257. Rio Tinto investors benefit from diverse mining operations, with a main focus on iron ore, aluminium, and copper. Find out more about our sustainability approach, policies and performance. Its analysts expect this. Yancoal (ASX:YAL) lifted 3. The best-performing sector is Energy, up 4. It is very cheap at 3. 6. Pilbara Minerals is leading the ASX 200 mining pack so far this year, having gained 68. 55-0. equus mining (asx:eqe) Late last year, Equus signed a binding deal with TSX-listed miner Mandalay Resources to acquire the Cerro Bayo silver-gold mine and infrastructure in Southern Chile. Seriously though, the country’s mineral wealth includes copper, coal, gold, silver, iron ore and zinc to name a few. Its main focus is uranium mining, and it currently has one active mine: Langer Heinrich in. That’s why we’re focused on helping small cap investors make sense of the jargon. Golden Energy and Resources. Price target: $4. 5 resources companies made gains of 100% or more. The New South Wales township that was built on the back of the coal. +3. The company could not hope for a more favorable business environment. The Australian Securities Exchange (ASX) is home to a number of companies that are involved in coal mining and infrastructure development. 9. (ASX:CRN) is a leading international producer of high-quality Metallurgical Coal, which is an essential element in the production of steel. CORONADO GLOBAL RESOURCES INC. Boss Energy (ASX:BOE) is working toward the restart of its Honeymoon uranium project in South Australia, with first production targeted for 2023's fourth quarter. 09 at the time of. 10 Best ASX Stocks To Buy 15 Most Creative Companies In The World 5 Best Coal Mining Stocks to Buy Arch Resources Inc. Sep 26, 2023 James Thomson According to t’internet, 21 ASX stocks yield more than 10 per cent, with four coal miners topping the list. Coal miners are now enjoying their best run in years, with some rising in double digits even as general mining stocks are being hammered. 2m EBITDA (earnings before interest, tax, depreciation, and amortisation) in September from the ‘Blair Athol’ mine. Today’s WHC share price, stock chart and announcements. Coal Mining Stocks Listed in Canada Updated: Nov 22, 2023 . The stock of Whitehaven Coal ended the previous year at a price of $9. -86. A 150% jump in global average lithium prices in 2022 and record prices for spodumene saw the combined worth of the five lithium companies in the top 50 jump to just shy of $100 billion, despite. New Hope Corporation Limited (NHC) is an Australian public company that is involved in the exploration, development, production and processing of coal, oil and gas, as well as marketing and logistics. Jameson Resources has projects in the world class Elk Valley and Peace River metallurgical coal fields in British Columbia, Canada. 1 per cent, or just four points, to finish at 7,452. Chemicals industry covering commodity, specialty. The company's market cap has shown consistent growth, contributing positively to silver stocks investing. 04 million dollars USD and $0. Expert industry market research on the Coal Mining in Australia (2023-2028). Uranium is a silvery-white metal and an abundant source of. Newcrest Mining (ASX:NCM) is among the largest gold companies in the world in addition to being one of the top Australian. Snapshot. From iron ore to coal and even gold, there has literally been no way to escape the news rush affecting corporates. Mining giant BHP is the largest miner with a market capitalisation of $261. Comprehensive list of Coal stocks companies listed in All Countries, including company profiles, charts, stock quotes, news and user commentary. Paladin Energy (ASX:PDN) is an independent uranium production company based out of Western Australia whose goal is to be a reliable supplier of clean energy for the future. It operates the Langer Heinrich uranium mine in Namibia, which is one of the largest and lowest-cost uranium mines in the world. BHP Group Limited ()Market capitalisation: $316. Sep 26, 2023 James ThomsonAccording to t’internet, 21 ASX stocks yield more than 10 per cent, with four coal miners topping the list. Whitehaven investor sells $157m worth of stock after BHP win. The government expects exports to remain over. In this week's Investor Webinar we talk about ASX coal seam gas stocks that stocks offer strong upside. As a result, many ASX listed stocks have. You can skip our. 5x. The BHP Group, LTD (ASX: BHP) Market Cap: $237. 93%AU0000199929. 16 per share. 3% to $6. 01) earnings per share (EPS) for the quarter. Shares in the company will commence trading today following the successful raising of $7. 83%. Woodside Energy Group (ASX:WDS) As the largest ASX oil and gas stock by market cap, Woodside Energy Group stands as a strong contender for investors' portfolios. There are a total of 15 company stocks in FKnol records which have business operations. 8¢. 13 $100. The shares rank equally and pay largely the same net dividends (2021. Northern Star Resources Limited (ASX: NST) is an Australian gold mining company with operations in Western Australia and Alaska. The headline CPI rate is currently at 7. A-Cap Energy Limited (ACB, formerly A-Cap Resources Limited) is an Australian resources company focused on the development of critical minerals serving the world's path to carbon net zero. 98 / $6. The Company fully owns the Bluff PCI and Broadmeadow East mines as well as the Isaac River, Cooroorah, Hillalong (85%) and Comet Ridge coking coal projects in the world-renowned. Newcrest Mining (ASX:NCM) Newmont is back with a second offer to buy Newcrest, the largest gold producer on the ASX by market cap — $20. 10 Best ASX Stocks To Buy 15 Most Creative Companies In The World 5 Best Coal Mining Stocks to Buy Arch Resources Inc. Worth AU$56 billion, the miner is dual listed in London, the miner targets returning between 40% and 60% of underlying earnings back to investors in dividends each year. Paladin Energy Ltd (ASX: PDN): Paladin is a leading producer of uranium, which is a clean and reliable source of energy for nuclear power plants and one of the top ASX uranium stocks. with Rio Tinto's half-year results to drop on the ASX and London Stock Exchange around 4. Canada is third with 11%. World’s top 50 mining companies end 2022 rock solid but Chinese stocks slide down the rankings despite surging coal and lithium prices, and Russian miners trading in Moscow finally succumb. As for the next few years, earnings are expected to grow by 4. Coal Stocks for Nov 2023. Graphite. 2 million tonnes of iron ore and 551,000. The. Energy stocks provided investors a rare bright spot amidst the sharemarket’s biggest decline so far this month. Some ASX coal stocks are trading at close to half their value as calculated by leading investment banks. Glencore Coal Assets Australia Pty Ltd (ASX:GLENCORE) News and Share Price. Join the HotCopper ASX share market forum today for free. 5% dividend yield. Coronado coals, transformed in the steelmaking process, support the manufacture of everyday steel-based products, including renewable energy infrastructure. Vanadium is also found in bauxite (used to produce alumina and finally aluminium) and in deposits of crude oil, coal, oil shale and tar sands. 000-$14. Atrum Coal’s (ASX:ATU) Elan project for hard coking coal is located in an area designated as Category Two land under Alberta’s Coal Development Policy that was enacted in 1976. 00%. Gold Futures for December. Goldman made the move on valuation grounds, noting: "Since upgrading MIN to a BUY on 11 April 2022, the stock is up ~58% vs. 50 $101. The Australian stock exchange is known as the home of many mining companies. 5. S. " Newcrest Mining. Extremely High Very High High Normal Low Extreme Low 100 Interconnector flow in MW. The shares of New Hope Corporation Limited ( ASX:NHC) closed 4. Morella Corp. Rio Tinto is a diversified mining company. Investor;Full list of Palladium companies trading on the ASX. As of Nov 22, 2023, the stock price has reached $6. MMI Metro Mining Ltd. 28% while Woodside (ASX:WDS) was up 1. 80% nickel. Companies that generate and distribute the energy we rely on to power our devices are known as ASX energy shares. -listed ETFs on certain investment-related metrics, including 3-month fund flows, 3-month return, AUM, average ETF expenses and average dividend yields. Sort alphabetically, by performance or market cap. Comprehensive list of Coal stocks companies listed in Canada, including company profiles, charts, stock quotes, news and user commentary. Currently, the Pilbara Minerals share price is $1. 10% least volatile stocks in AU Market. This article presents the list of the Australian companies which are categorized under the Coal subsector or have business operations under this segment,. There are 903 companies in the Metals & Mining industry listed on the Australian Stock Exchange (ASX) Use the filters below to refine the list of companies, or click a company. ASX: MAF Ma Financial - MAF. Whilst the stock prices of virtually all ASX listed coal stocks have re rated materially over that period, there is still one stock in particular we continue to see. Bathurst Resources Limited is listed on the Australian Stock Exchange ASX Announcements. Coal Mining Stocks. “The market price of germanium is currently ~US$2,450/kg and gallium is. 82 billion; current share price: AU$23. Compare Company Ticker Last Price (native). The ASX 200 index rebounded and erased much of yesterday’s losses; Coal stocks rallied as risk trades return; The RBA Board considered a rate hike pause next month, says minutes . The industry average was set at 0. Alpha Metallurgical Resources, Inc. Also in Gabon, junior Genmin (ASX:GEN) says it has applied for a large scale mining permit for an initial term of 20 years to support a large-scale operation at its Baniaka deposit. List of all Australian stocks which belong to the Coking Coal subsector with market cap, price, performance, percent returns and YTD gains/loss of 2023. We are committed to finding new ways of operating more sustainably while supplying products that are essential for the global transition towards a more sustainable future. What are ASX Coal Stocks? There are Australian companies listed in the Australian stock exchange are called ASX coal shares, where traders buy and sell these ASX coal shares. List of mining companies with operations throughout Australia, including Queensland, Western Australia, NSW, SA, VIC. The broker is expecting an FY22 dividend of US$8. There's one stock in particular we really like!. The Company fully owns the Bluff PCI and Broadmeadow East mines as well as the Isaac River, Cooroorah, Hillalong (85%) and Comet Ridge coking coal projects in the world-renowned. One kilo of uranium can produce about 20 terajoules of energy — as much energy as 1,500 tonnes of coal. Today, 3668 is traYancoal ASX:YAL is the largest pure-play coal miner in Australia. -22. Among the biggest decliners was Qantas (ASX:QAN), which fell by 2% despite the Albanese government’s decision to block Qatar Airways from running more flights in Australia. Adelaide-based Leigh Creek plans to address this. Full list of Cobalt companies trading on the ASX. 0. Source: Morningstar Direct. Amid renewed global focus on nuclear energy, the company's flagship Letlhakane Uranium Project in Botswana hosts one of the world's top 10 undeveloped. 70 (AU$12. Rex-2 was subsequently brought into production at a rate of 865 barrels of oil equivalent (boe) per day, substantially higher than the 340boe per day from the Rex-1 well. First, the demand for raw ore is only increasing as more and more companies use them in manufacturing. ASX: M8S M8 Sustainable - M8S. -45. View dividend history, insider trades and ASX analyst consensus. 91: ZIG: A: The Acquirers Fund: 10. Gains in the materials and energy sectors helped offset some of the losses elsewhere, although miners closed. Detailed Company Profile. Mineral sands have a number of uses. August 16, 2021 | Josh Chiat. The dividend payout ratio is 35. While Australia's mining sector is perhaps best known for its iron ore and coal exports, the Australian Stock Exchange (ASX) is host to a range of copper-related stocks for investors who would like exposure to one of the. 9. Mongolia-focused Aspire Mining (ASX:AKM) has been the best performer over the past six. All my transactions older than 1 month FOR FREE: Click here. 3%, driven by a pullback from Northern Star Resources of 6. Sign up to Stake to start investing in the top ASX mining stocks today with $3 brokerage. About. They have a secondary listing in Hong Kong HKEX:3668 . Operating ethically and responsibly. The company holds 100% interest in the Ovoot coking coal project that consists of one mining license located in north-western Mongolia. The Whitehaven Coal share price served up a. 9. ASX-listed uranium stocks are companies traded on the Australian Securities Exchange that are involved in uranium mining and extraction. 482. The Top 20 Shareholders of SMR hold 0% of shares on issue. Overall the industry is down 5. Coal prices have been extraordinary in 2022. Materials (953) Materials (953) Metals & Mining (902) Amount of cash a business has after it has met its financial obligations such as debt and outstanding payments. The S&P/ASX 200 Index rose 0. Discover historical prices for WHC. BHP. ASX Coal Companies. 73. Top Communication Equipment Stocks for Nov 2023. 2. These companies are all major players in the Australian mining sector, particularly in the mining of iron ore, which is a major export commodity for Australia. 2 days ago · Whitehaven nabs win in Takeovers Panel and New Hope presents. All the latest Stanmore Coal Limited (ASX:SMR) share price movements, news, expert commentary and investing advice from The Motley Fool Australia. . Mining is Australia’s largest sector by share of national Gross Domestic Product. It operates through the following segments: Coal Mining, Lithium Mining, Exploration Services, and Mineral Exploration. 70% on Friday and for the week, the. “The market price of germanium is currently ~US$2,450/kg and gallium is. Whatever the reason for Whitehaven's big drop today, longer-term investors would still be way ahead with this coal mining giant. ws . The latest Coal Stocks news and insights published daily by Australia’s best business journalists. Development of Vickery could see around 7 million metric tons of extra equity production, with first output likely from about 2025 in our view. Top ASX resources stocks for January: LML, MEI, PMT, C1X and AMD. 24 billion and $43. View today’s share price activity. 11 billion; current share price: AU$3. Given mining companies are such dominant players in our economy, Australian investors have long seen ASX 200 mining shares as their ticket to a. At a time of bumper dividend payouts from the likes of Rio Tinto (ASX: RIO) and – presumably – BHP (ASX: BHP),. Published by L. 56%. 08% below its 52-week high of 0. 10% year to date. 90 Australian dollars ($5. Protecting and respecting our people. By Danica Cullinane - December 29, 2021. The share price of the Australian-listed miner has risen about 150% since the Russia-Ukraine crisis started in late February, and hit a record high of 7. 02, -23. Newcastle Coal, the. Sort alphabetically, by performance or market cap. New Hope Corporation (ASX: NHC) New Hope Corporation is an ASX-listed coal mining company with a strong presence in Queensland's Bowen Basin. ASX coal shares sector review Carl Capolingua 11/08/2022 In this coal shares sector review, I will provide an overview of the current coal market dynamics, a comprehensive list of ASX coal producers, and finally, investigate for you the charts of several of Australia's key coal producers to uncover any prospective buys in the sector. Last but not least a bit of a coal round up with Whitehaven Coal (ASX:WHC) securing a minor victory in its battle with activist shareholder Bell Rock Capital. 4 billion; current share price: AU$0. Mining accounts for 20% of the nation’s GDP, which has grown at an average rate of 7. Stock in S&P/ASX 200 Index (ASX: XJO) coal producer and 2022 dividend winner Coronado Global Resources Inc ( ASX: CRN) is tumbling on Tuesday despite the company posting record full-year results. 1, with the tech. Natural Resource Partners L. Copied 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. Dividend yield (TTM): 10. WordPress Tables Plugin. Investors looking to capitalise on the higher prices paid by Chinese coal buyers for North American coking coal can do so. Top 3 ASX Coal Stocks To Invest In Right Now! Our Active Trades Performance in September COMPANY NAME ASX CODE OPEN DATE BUY RANGE CURRENT. There are a total of 18 company stocks in FKnol records which have business operations in the Coal. 00%:. The ASX 200 index lost 0. ASX coal shares opened strongly on Wednesday, with the share prices of the biggest players surging. Resources Shares. 001 -4. Today’s BRL share price, stock chart and announcements. It's not possible to publish a real-time Top 20 Shareholder list. Yancoal (ASX:YAL) was today’s big standout, up 10. 941 0 744 232 72 435 $83. The company is divided into segments, including KCGM and Kalgoorlie Operations, which encompass significant mining assets. AVERAGE : Whitehaven Coal exhibits a price/book ratio which is within a 15% range of the industry average for energy stocks. Over the last 7 days, the Metals and Mining industry has dropped 1. The Bloomfield Group is an Australian owned group of private companies which operate in the Hunter Valley, New South Wales. " Royal Gold. Coal stocks were smashed on Friday after a slump in thermal prices and reports Whitehaven Coal has lost one of its biggest investors put traders on. Find everything from its Valuation, Future Growth, Past Performance and more. 06-$0. 007¢, a far cry from the 50¢ at which the company was floated on the ASX in 2011. 8 percent making the company rank among the top performing stocks of the Coal for the year 2023 till date. Granwal , Jul 27, 2023. Stock price (as of 06/04/2023): $0. 75 as of 3. SMR acquired Isaac Plains in 2015, after it had been put on care and maintenance in 2014 by the previous owners. NHC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. See the List of Top 10 Mining Stocks. The M & A boom in Australia’s mining sector is primed for an extended run as companies scramble to bolster their exposure to the riches. Expert industry market research on the Coal Mining in Australia (2023-2028). 99 – a whopping 60. 90) = -18. Mining companies, including Constellium SE, Copper Mountain Mining Corp. Australian (ASX) Metals and Mining Industry Analysis. Natural Resource Partners L. 24%. 34. The US market regulator has struck its second multi-million dollar settlement with Rio Tinto in eight months, ending a probe into a Mozambique coal scandal. Cash cost guidance for 2H22 is US$68-73/t. 35. &P/ASX 200 fell by 57. Allkem Ltd ( ASX: AKE ) The last company on the list is lithium carbonate and. Metallurgical coal, also known as coking coal, is a type of coal that is used in the production of steel. Full list of Coal companies trading on the ASX. As for the longer term, the industry has declined 13% in the last year. Volatile times normally call for investing in defensive stocks. They anticipate the company to incur a final loss in 2023, before generating positive profits of AU$182m in 2024. That compares to a gain of. Universal Coal Plc, a coal mining company, engages in acquisition, exploration, development, and commercialization of coal projects in the Republic of South Africa. Bookmark this site to track the top stocks regularly. 05 billion for 45% of the Sierra Gorda copper mine in Chile, while Glencore is known to be shopping its Cobar. Ltd ( ASX: SOL) shares are currently down 0. From new energy commodities to old ones, coal miner Stanmore Resources Ltd ( ASX: SMR) has seen its share price rocket around 200% since this time last year to trade at $3. The Company has emerged as a strong participant in the junior mining and exploration sector. BHP $ 47. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). 020-0. 24 billion, up 989%. Rio Tinto is a leading global mining group that focuses on finding, mining and processing the Earth’s mineral resources. It operates two open-cut coal mines: Bloomfield at East Maitland and Rix's Creek at Singleton. It rose from $1. It is also the largest private-sector coal company in the world. 2. Date Director Type Amount Price Value Notes; 22/09/23: Thomas Millner: Buy +50,000: $5. is a mining and exploration company, which engages in the provision of mining services, including drilling and geology services. There are 902 companies in the Metals & Mining industry listed on the Australian Stock Exchange (ASX) Use the filters below to refine the list of companies, or click a company name to see information, share prices, news, dividends and annual reports. 52%. +2. NHC also holds exploration tenements in Queensland. Pavel Tykac’s purchase of a 51 per cent stake in ASX miner Coronado Global Resources shows there’s still huge money to be made in coal’s final decades. Collectively they have gained 20 per cent in 2019 and 35 per cent in the last 12. Mr Matthew J Latimore. These ASX stocks prove thermal coal is far from dead. CHN Chalice Mining Ltd. Coal mining stocks Yancoal (ASX:YAN) and Whitehaven Coal (ASX:WHC) were also trading higher. Coal mining industry revenue in Colombia 2012-2021 Colombia: largest motor vehicle selling companies 2020 Colombia: largest agricultural companies 2019, by revenueSTOCKS TO WATCH. 0653 tonnes of carbon per tonne of coal mined, which was higher than the rate discussed during the consultation period; 0. The company is a marketer and an integrated producer of commodities like energy products, agricultural products, metals and minerals, and corporate and other. 24 billion and $43. Jan. Amid renewed global focus on nuclear energy, the company's flagship Letlhakane Uranium Project in Botswana hosts one of the world's top 10 undeveloped. 00%: $0. Soul Pattinson is a. which are its "non-core metallurgical coal assets", will add value to the stock. 7 billion, which is the highest in nearly 15 years. In this piece, we will take a look at the eleven best coal stocks to buy now. Firstly, Gerrish's team is generally bullish on ASX mining stocks, as they have been for the past six months. 22,857,354. Commodity. Someone on Whitehaven Coal’s register isn’t too happy about the ASX-listed miner clinching a deal to buy BHP’s Daunia and. Yancoal Australia Limited (YAL) is a coal miner. Mining. Top Coking Coal Stocks for Nov 2023. It came amid a broader run for energy stocks, with oil prices on the rise. The company stated in its 2022 annual report. It's a leading producer of the three most-consumed industrial metals -- iron ore, aluminum, and copper. Data as of 11/23/23. ASX Large Caps: Coal stocks gain, online fashion retailer Cettire jumps 20pc as sales double August 10,. We are the dominant player in Australia’s only emerging high-quality coal basin. Updated Nov 2, 2023. “The majority of lithium. The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 5. 19 Aug 2022 - At noon, the S&P/ASX 200 is 0. Top Performing Coal Stocks Full List of Coal Stocks Top Coal Stocks for Nov 2023. 00 0. Key points. Local blue chips ended Friday flat as a rally in energy stocks was offset by a fall in pretty much every other sector. Currently, the Pilbara Minerals share price is $1. 268% higher at AU$3. 4c. ASX: COB Cobalt Blue Holdings - COB. Mining for the good of New Zealand. Name. 8%. This VanEck Vectors Coal ETF is tracking the MVIS Global Coal Index. It is a mineral sands and rare earths company with a number of quality operations across South Australia and Western Australia. Coal, gold and copper make up the next most valuable exports – though as the table below highlights – combined they still are not as valuable as iron ore. +3. 440 0. Manganese nodules and cobalt rich crusts, found on the ocean floors around 4 to 5. 9% Implied Growth explainedOver the past year, Whitehaven Coal shares have dropped almost 30%, while the ASX 200 is up by 3. 0650: $0. Latest Whitehaven Coal Ltd (WHC:ASX) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and. It operates in Wyoming, Illinois and Indiana, as well as New Mexico, Arizona, and Colorado. 16 3) Stock Thermal Coal ZVZZT Thermal Coal Corp Ltd. 23 at the time of writing, that's a grossed-up dividend. Whitehaven Coal (ASX:WHC) lifted 6. Share Price Activity (ASX) Last (Price). Longer term, the coal market is positively positioned because new mines are generally quite difficult to permit and the output from existing mines is falling, and this is despite relatively stable. , the following three companies are some of the most highly valued. Yancoal is an Australian based coal producer and developer operating open cut and underground coal mines in New South Wales, Queensland and Western Australia. Alpha Metallurgical Resources, Inc. The mining sector has been crucial to the Australian economy over the years, making up almost 70% of our country's exports in 2021, 1 and posting another record year of exports in FY22. 09 $120. The federal Department of Industry, Science and Resources has released its June quarter report, which. Coking Coal Stocks List Australia 2023 (ASX) Updated Nov 2,. 2 points, or 0. Also, Australia has good trade relations with China, which helps. Whatever the reason for Whitehaven's big drop today, longer-term investors would still be way ahead with this coal mining giant. 6%. Paladin Energy Market cap: AU$2. 90. 8% on no news as Newcastle thermal coal prices rose by more than 3% overnight to US$218/t. Premier Coal is Western Australia’s largest coal producer, mining about 4 million. Australian 6000kcal Newcastle coal hit peaks in excess of US$450/t this year.