ASX:NHC

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ASX:NHC

Outlook: Aus shares set to open steady

18 Jul 2012 - Aus shares set to open steady. Australian coal miner New Hope Corporation (ASX:NHC) says it will close down its New Oakleigh mine near Ipswich in Queensland.

Miners reassess expansion

04 Jun 2012 - Fortescue chief Nev Power says the company will reassess its aggressive iron ore expansion plans and a new report shows falling commodity prices and rising costs are …

New Hope grows Q3 coal output and sales

30 May 2012 - New Hope Corporation Limited (ASX:NHC) growns its coal output and sales in the third quarter.

Miners prepare for tax battle

The controversial $10.6 billion Minerals Resource Rent Tax is facing fierce opposition from Fortescue’s Andrew Forrest and WA Premier Colin Barnett with more joining the fight.

New Hope H1 profit down 75%

20 Mar 2012 - New Hope Corporation Limited's (ASX:NHC) first half net profit has fallen around 75 per cent to $101.1 million.

Global demand for rare earths rises

05 March 2012 - Rare earths mining has been dominating the headlines this past week, including government quotas in China and the West Australian government’s royalty on rare earth…

Market Wrap: Aus shares close 1% down

01 Mar 2012 - Aus shares close 1% down. Orica Limited (ASX:ORI) inks an agreement with Yara and Apache to form a JV and start building an ammonium nitrate plant on the Burrup penin…

New Hope abandons sale process

01 Mar 2012 - New Hope Corporation Limited (ASX:NHC) abandons plans to put itself up for sale and forecasts its first half net profit result.

New Hope advances takeover talks

30 Nov 2011 - New Hope Corporation Ltd (ASX:NHC) confirms it has received a number of preliminary takeover proposals and is continuing talks to sell the company.

Outlook: Aus shares tipped to fall

17 Nov 2011 - Aus shares tipped to fall. New Hope Corporation Ltd (ASX:NHC) is reportedly in confidential talks with up to 15 suitors interested in buying the coal producer.

Outlook: Aus shares look to extend gains

25 Oct 2011 - Aus shares look to extend gains. India's JSW Steel is reportedly putting together a $5 billion bid for coal producer New Hope Corporation Ltd (ASX:NHC).

Foreign Investment in Australian Mining

Resources and mining companies dominating the headlines this past week include BHP Billiton’s expansion of its Olympic Dam mine and Rio’s record iron ore sales. This week we take a…

Investing in Mining Shares

Resources and mining companies dominating the headlines this past week include New Hope inviting more bidders to submit proposals. We also speak exclusively with Mantle’s Company S…

Outlook: EU action to push up Aus shares

07 Oct 2011 - EU action to push up Aus shares. Billabong International Ltd (ASX:BBG) could be in breach of its covenants and be forced into a dilutive capital raising if the Austra…

New Hope shares leap on takeover offer

05 Oct 2011 - Shares in New Hope Corporation Ltd (ASX:NHC) leap after the coal producer reveals it has received takeover proposals.

Asset sale boots Washington H profit 67%

22 Sep 2011 - Washington H. Soul Pattinson and Co. Ltd (ASX:SOL) increases its annual net profit by 67 per cent but its underlying profit falls 11 per cent in fiscal 2011.

New Hope FY profit jumps on stake sales

20 Sep 2011 - New Hope Corporation Ltd (ASX:NHC) almost triples its full year net profit, but its underlying profit falls 20 per cent.

Resources and Mining Report - 02/09/11

A range of results capped off the final week of a busy reporting season in a volatile market.

Midday: Aus shares dip in choppy trade

31 Aug 2011 - Aus shares dip in choppy trade. New Hope Corporation Ltd (ASX:NHC) forecasts a jump in its full 2011 year net profit.

New Hope makes offer to Northern Energy

29 Aug 2011 - New Hope Corporation Limited (ASX:NHC) has announced a cash offer for Northern Energy of $2 a share.

New Hope coal sales cut by floods

31 May 2011 - New Hope Corporation Ltd (ASX:NHC) blames heavy rainfall and flooding for a 42 per cent drop in coal sales for the quarter ended on 30 April, 2011.

Midday: Aus shares rise as miners advance

24 Mar 2011 - Aus shares rise as miners advance. Leighton Holdings Ltd (ASX:LEI) scores $317 million worth of gold mining contracts and a $150 million subcontract as part of the Gl…

Market Wrap: Aus shares end flat

22 Mar 2011 - Aussie shares ended flat. Rio Tinto has confirmed at an industry conference that first quarter iron ore production will be hit by the recent string of cyclones to las…

New Hope H1 profit triples with Arrow sale

22 Mar 2011 - New Hope Corporation Ltd (ASX:NHC) more than triples its first half earnings, aided by the sale of its $326 million stake in Arrow Energy.

Market Wrap: Telcos weigh on Aus shares

10 Feb 2011 - Telcos weigh on Aus shares. ING Industrial Fund (ASX:IIF) narrows its half year loss to $92 million in the six month to 31 December 2010.