Coronado Global revises guidance after revenue and price declines
Coronado Global Resources (ASX:CRN) reported $608m in group revenue for Q3 FY24, down 9.7% from the previous quarter.
Read More
Coronado Global Resources Inc.
Coronado Global Resources is a leading international producer of high-quality metallurgical coal, an essential element in the production of steel. Our coals, transformed in the steelmaking process, support the manufacture of every day steel-based products that enrich lives around the world.
We own a portfolio of operating mines and development projects in Queensland, Australia, and in Virginia and West Virginia in the US. In 2017, we were the fifth largest met coal producer globally by export volume1 and the largest met coal producer in the US by production volume2.
Our management team has over 100 years of combined experience in all aspects of the coal value chain and has a successful track record of building and operating coal mining operations in Australia, the US and globally. This operational experience is supplemented with a strong knowledge base of Australian and US domestic and international coal markets and their key drivers.
Videos
Videos coming soon for Coronado Global Resources Inc..
News
Coronado cuts full-year guidance
A significant drop in the price of shares in Coronado Global Resources (ASX:CRN) occurred on Thursday after the company announced it had reduced its full-year guidance due to issues at a key Queensland coking coal mine.
Read More
Coronado’s tough half
Quarterly updates from the likes of Yancoal (ASX:YAL) and Whitehaven (ASX:WHC) have already given a big hint about the likely slide in June 30 earnings for the coal mining sector, but the interim results from US and Australian miner, Coronado (ASX:CRN), confirmed that the reporting season for this sector won’t be pleasant.
Read More
Pavel Tyka’s bid for Coronado Global Resources falters
Billionaire Czech businessman Pavel Tykac's plan to buy a controlling stake in Australian-US coal miner Coronado Global Resources has collapsed. His family investment group, Seven Global Investments (SGI), failed to secure approval from the Foreign Investment Review Board (FIRB) for the deal.
Read More
Czech group acquires majority stake in Coronado Global Resource
Australian-US coking coal miner and exporter, Coronado Global Resources (ASX:CRN), welcomes a new major shareholder as America's Energy and Minerals Group (EMG) sells its 51% stake to a Czech private equity group.
Read More
Peabody-Coronado Deal Goes the Way of the Dodo
Coronado and Peabody Energy - each of which owns coal mines in Australia and the US - have ended discussions that would have created a company worth about $US6bn.
Read More
Coronado and Peabody Talking Loud but Doing Nothing
Talk aplenty but no joy yesterday for the enthusiasts wanting to see a marriage between US/Australian coal companies Coronado Global Resources and Peabody Energy.
Read More
Stock Snippets: CRN, CSL
Word of possible takeover talks with Peabody Energy sent shares in coal miner Coronado charging Wednesday, while CSL also brought some good news to the market.
Read More
Costs, Climate Change Dull Coronado’s Glow
Amid all the positivity of record earnings for Coronado Resources in the six months to June 30 were reminders about marketplace realities and how climate is now an increasing factor.
Read More
CRN – Morgans rates the stock as Add
The broker lowers its target to $2.50 from $2.97 and the Add rating is maintained.
Read More
