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New Hope Corporation Ltd (NHC.AX)

NHC.AX on Australia Stock Exchange

2.07AUD
17 Jan 2020
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Latest Key Developments (Source: Significant Developments)

New Hope Says NSW Court Of Appeal Confirms Co Has Not Guaranteed Debts
Friday, 20 Dec 2019 

Dec 20 (Reuters) - New Hope Corporation Ltd ::COURT OF APPEAL IN NEW SOUTH WALES CONFIRMS CO HAS NOT GUARANTEED DEBTS OF NORTHERN ENERGY & COLTON COAL UNDER DEED OF CROSS GUARANTEE.  Full Article

New Hope Corp Unit Served With Application By Oakey Coal Action Alliance
Tuesday, 3 Dec 2019 

Dec 3 (Reuters) - New Hope Corporation Ltd ::UNIT NEW ACLAND COAL PTY LTD (NAC) HAS BEEN SERVED WITH AN APPLICATION BY OAKEY COAL ACTION ALLIANCE.APPLICATION OR SPECIAL LEAVE TO APPEAL TO HIGH COURT OF AUSTRALIA IN REGARD TO ORDERS MADE BY QUEENSLAND COURT OF APPEAL.NEW ACLAND STAGE 3 EXPECTED TO GENERATE $7 BILLION IN ECONOMIC ACTIVITY OVER ESTIMATED 15 YEAR LIFE OF THE PROJECT.  Full Article

New Hope Corp Updates on Production Levels For 2020 At New Acland Mine
Tuesday, 19 Nov 2019 

Nov 19 (Reuters) - New Hope Corporation Ltd ::AT NEW ACLAND MINE, PRODUCTION & EMPLOYMENT LEVELS REDUCED ON 1 NOV DUE TO INACTION FROM GOVERNMENT ON APPROVALS, 150 DIRECT JOBS LOST.AT NEW ACLAND MINE, PRODUCTION LEVELS FOR 2020 EXPECTED TO BE AROUND 60% OF 2019 LEVELS IN ABSENCE OF STAGE 3 APPROVALS.  Full Article

New Hope Corporation Says Court Of Appeal Ruled Against Oakey Coal Action Alliance
Tuesday, 10 Sep 2019 

Sept 10 (Reuters) - New Hope Corporation Ltd ::RECEIVED JUDGMENT FROM QUEENSLAND COURT OF APPEAL IN RELATION TO NEW ACLAND STAGE 3 PROJECT.COURT OF APPEAL RULED AGAINST OAKEY COAL ACTION ALLIANCE INC.COURT FURTHER RULED IN FAVOUR OF COMPANY'S SUBSIDIARY, NEW ACLAND COAL PTY LTD ON MATTER OF GROUNDWATER.WILL WAIT FOR COURT TO MAKE ITS FINAL ORDERS BEFORE ASSESSING NEXT STEPS FOR NEW ACLAND STAGE 3 PROJECT.CO PLEASED WITH OUTCOME & TO WAIT FOR COURT TO MAKE ITS FINAL ORDERS BEFORE ASSESSING NEXT STEPS FOR NEW ACLAND STAGE 3 PROJECT.FINAL ORDERS WILL BE HANDED DOWN BY COURT OF APPEAL IN DUE COURSE.REMAINS COMMITTED TO DELIVERING NEW ACLAND STAGE 3 PROJECT IN A TIMELY MANNER TO ENSURE CONTINUITY OF OPERATIONS.  Full Article

Mitsui & Co Ltd Says To Sell Its 10 Percent Interest In Australian Bengalla Joint Venture For A$215 Million
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Mitsui & Co Ltd <8031.T>::MITSUI & CO LTD SAYS TO SELL ITS 10 PERCENT INTEREST IN AUSTRALIAN BENGALLA JOINT VENTURE FOR A$215 MILLION ($158.43 million).MITSUI & CO LTD SAYS EXPECTED GAIN FROM SALE OF INTEREST IN BENGALLA JV NOT INCLUDED IN REVISED FORECAST FOR FY2018/19.MITSUI & CO LTD SAYS ITS EQUITY PRODUCTION OF COAL AT BENGALLA JV WILL FALL BY ABOUT 0.9 MILLION TONNES/YEAR.  Full Article

New Hope Corporation Says Acquisition Of Stake In Bengalla JV Completed
Monday, 3 Dec 2018 

Dec 3 (Reuters) - New Hope Corporation Ltd ::ACQUISITION OF STAKE IN BENGALLA JV COMPLETED WITH CO BUYING FURTHER 30% & TAIPOWER BUYING FURTHER 10% STAKE IN JV.CO NOW HOLDS A 70% INTEREST IN JOINT VENTURE WITH TAIPOWER AND MITSUI HOLDING INTERESTS OF 20% AND 10% RESPECTIVELY.  Full Article

New Hope Corporation Posts FY NPAT Before Non Regular Items Of $252.6 Mln
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - New Hope Corporation Ltd ::FY PROFIT AFTER TAX BEFORE NON REGULAR ITEMS $252.6 MILLION VERSUS $128.7 MILLION.FY REVENUE FROM OPERATIONS $1.08 BILLION VERSUS $844.1 MILLION.DECLARES FINAL DIVIDEND 8.0 CENTS PER SHARE.IN 2019, ALL COAL OPERATIONS ARE EXPECTED TO PRODUCE AT SIMILAR LEVELS TO 2018 FINANCIAL YEAR.  Full Article

New Hope Corp Says Bridgeport's Net 2P Reserves As At Aug 1 5.6 Mln Barrels Of Oil
Tuesday, 18 Sep 2018 

Sept 18 (Reuters) - New Hope Corporation Ltd ::BRIDGEPORT'S NET 2P RESERVES AS AT 1 AUGUST 5.6 MILLION BARRELS OF OIL.BRIDGEPORT'S NET 2C RESOURCES AS AT 1 AUGUST 2018 WAS 11.4 MILLION BARRELS OF OIL.  Full Article

New Hope Corp Says Qtrly Total Coal Sold 1.9 Million Tonnes, Down 12.5 Percent
Tuesday, 29 May 2018 

May 29 (Reuters) - New Hope Corporation Ltd ::QTRLY TOTAL COAL SOLD 1.9 MILLION TONNES, DOWN 12.5 PERCENT.QTRLY TOTAL SALEABLE COAL PRODUCTION 2.1 MILLION TONNES VERSUS 2.0 MILLION TONNES.  Full Article

New Hope Corporation Says H1 Profit After Income Tax Before Non Regular Items $‍115.6 Million
Tuesday, 20 Mar 2018 

March 20 (Reuters) - New Hope Corporation Ltd ::H1 REVENUE FROM OPERATIONS $509.4 MILLION VERSUS $374.6 MILLION.H1 PROFIT AFTER INCOME TAX BEFORE NON REGULAR ITEMS $‍115.6 MILLION VERSUS $54.9 MILLION.DIRECTORS DECLARED FULLY FRANKED INTERIM DIVIDEND ‍6.0​ CENTS PER SHARE."‍WELL POSITIONED TO TAKE ADVANTAGE OF IMPROVING COMMODITY PRICES ACROSS BOTH EXISTING OPERATIONS AND DEVELOPMENT PROJECTS"​."‍DEMAND FOR HIGH QUALITY AUSTRALIAN COAL REMAINS STRONG IN ASIA"​.  Full Article

Australia's New Hope posts 66% surge in Q1 saleable coal output

Nov 19 Australian coal producer New Hope Corp Ltd reported on Tuesday a 66% jump in saleable coal production in the first quarter, as output ramped up at its Bengalla mine.