Gloucester Coal

Still early days for Gloucester Coal deal

Coal

Brian Robins Gloucester Coal's trading halt could last until the end of the week, sources close to the transaction say, as negotiations are still in early stages.

Gloucester Coal sets hot pace for June quarter

Coal mining.

Brian Robins Gloucester Coal has increased sales in the June quarter - taking advantage of buoyant prices, strong demand and surplus port capacity - as wet weather continued to weigh on production.

Gloucester Coal fourth-quarter sales rise

Gloucester Coal increased fourth quarter sales by 16 per cent by taking advantage of the port capacity available to the miner.

Gloucester Coal completes two acquisitions

Gloucester Coal has completed two acquisitions designed to create a leading Australian coal miner worth about $2 billion.

Noble extends takeover bid for Gloucester Coal

Singapore's Noble Group extends its $1.03 billion takeover bid for Australian coal miner Gloucester Coal by one month.

Gloucester Coal 1H profit up 28% on sales

Gloucester Coal increased first-half profit 28 per cent as the on the back of strong coking coal sales.

Gloucester Coal boosts reserve estimate

Gloucester Coal has upgraded its coal reserves and resource estimates.

Gloucester Coal profits climbs 28%

Gloucester Coal has increased first-half profit by 28 per cent on the back of strong coking coal sales.

Gloucester Coal scores doubling in prices

Collier Gloucester Coal says it has renegotiated coking coal contracts, winning a double in prices.

Gloucester Coal goes into trading halt

Gloucester Coal has gone into a trading halt pending an announcement from the company's major shareholder Noble Group.

Gloucester Coal goes into trading halt

Miner Gloucester Coal has gone into a trading halt pending an announcement from Macarthur Coal.

Gloucester Coal goes into trading halt

Gloucester Coal Ltd has gone into a trading halt pending an announcement from the company's major shareholder Noble Group Ltd.

Gloucester Coal goes into trading halt

Miner Gloucester Coal Ltd has gone into a trading halt pending an announcement from Macarthur Coal Ltd.

Macarthur Coal in $669m bid for Gloucester Coal

coal

Clancy Yeates Macarthur Coal is offering a premium of 24.5 per cent for each share of Gloucester Coal, in a further move towards consolidation in the coal industry.

The boy with the black stuff

Whitehaven MD Tony Haggarty, who has just done a 5 Billion dollars merger with Nathan Tinkler. Story: Paddy Manning. Photo: Peter Rae Wednesday 9 May 2012.

Paddy Manning On the Rich List since 2005, Tony Haggarty does not seek the limelight. ''I have no desire to be recognised in the street,'' he says. ''It's a curse. You can't go back from it.''

Deloitte approves Yancoal bid

Coal Mining versus the farmers in the Bylong Valley near Mudgee NSW.  Yancoal  coal mine called Moolarben Coal in the northern end of Bylong Valley. Photo: Peter Rae Tuesday 12 july 2011

Paddy Manning Deloitte assessed the fair market value of Gloucester shares at between $8.90 and $9.65.

Australian business press digest: May 1

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.

Tinkler's treasure chest lies under the boardwalk

Nathan Tinkler

Paddy Manning Young billionaire Nathan Tinkler is at the point of maximum pressure.

Tinkler's life on the edge

Nathan Tinkler

Paddy Manning On Monday, shareholders will vote on the $5.1 billion mega-merger of Whitehaven Coal and Aston Resources that will seal Tinkler's fortune.

New Hope dives after failling to lure bidder

Mining

New Hope sinks after it took itself off the block when it failed to attract a takeover offer, a sign that tighter credit has taken the sizzle out of Australia's hottest deal sector.