Recent Highlights
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Transport coal from two of its Bowen Basin mines in north Queensland
$250m deal puts coal transport on track
A rail freight company has signed a $250 million deal with Macarthur Coal to transport coal from two of its Bowen Basin mines in north Queensland.
Yahoo!7 Finance News - 3 days, 23 hours ago
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Delivered a backhander to Queensland Rail by giving its coal haulage contracts ...
Macarthur Coal dumps QR
MACARTHUR Coal has delivered a backhander to Queensland Rail by giving its coal haulage contracts to QR competitor the Asciano Group.
Courier Mail Business News - 4 days, 10 hours ago
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Transport seven million tonnes of coal per year from the company’s mines ...
Major rail contracts secured
Rail operating company Asciano has been awarded a contract with Macarthur Coal to transport seven million tonnes of coal per year from the company’s mines in Queensland. Commencing on 1 ...
Australian Mining - 4 days, 10 hours ago
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Move seven million tonnes of coal each year from two of the ...
Asciano to haul Macarthur's coal
Ports and rail operator Asciano ...
Business Spectator Alan Kohler - 4 days, 22 hours ago
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Scrapped its plan to buy Donaldson Coal from Noble Group, after failing ...
Donaldson deal ditched
Macarthur Coal has scrapped its plan to buy Donaldson Coal from Noble Group, after failing to reach a binding agreement with the Hong Kong trading house.
Business Day - 1 week, 3 days ago
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Taken one more step in its friendly takeover of Gloucester Coal, but ...
Part of Gloucester take over called-off
Macarthur Coal has taken one more step in its friendly takeover of Gloucester Coal, but part of the transaction with the Noble Group has been called-off.
Sky News Business - 1 week, 3 days ago
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Abandoned part of its multi-pronged transaction package with Noble Group but will ...
Macarthur ditches Donaldson bid
Macarthur Coal has abandoned part ...
Yahoo!7 Finance News - 1 week, 3 days ago
Latest Articles
3 days, 13 hours ago
Asciano makes inroads on Queensland as it loads up on Macarthur coal
Freight company Asciano has made further inroads into Queensland Rail's former coal monopoly, securing the contracts for all of Macarthur Coal's existing Queensland volumes in a $250 million deal, reports ...
Infrastructure News - 8:27 p.m. Friday 5th February 2010 EST
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$250m deal puts coal transport on track
A rail freight company has signed a $250 million deal with Macarthur Coal to transport coal from two of its Bowen Basin mines in north Queensland.
ABC News mining - 9:39 a.m. Friday 5th February 2010 EST
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4 days, 10 hours ago
Macarthur Coal dumps QR
MACARTHUR Coal has delivered a backhander to Queensland Rail by giving its coal haulage contracts to QR competitor the Asciano Group.
Courier Mail Queensland - 11:19 p.m. Thursday 4th February 2010 EST
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Major rail contracts secured
Rail operating company Asciano has been awarded a contract with Macarthur Coal to transport seven million tonnes of coal per year from the company’s mines in Queensland. Commencing on 1 ...
Australian Mining - 11 p.m. Thursday 4th February 2010 EST
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Asciano signs $250m deal to haul Macarthur's coal
Ports and rail operator Asciano ...
Business Day - 10:08 a.m. Thursday 4th February 2010 EST
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Asciano to haul Macarthur's coal
Asciano Group has struck a deal with Macarthur Coal to move seven million tonnes of coal each year from two of the miner's Queensland operations.
TheBull - 9:53 a.m. Thursday 4th February 2010 EST
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Asciano awarded $250m haulage contract
Asciano Limited (AIO) announced that it has executed a long term, take-or-pay contract with Macarthur Coal Limited (MCC) for the movement of 7 million tonnes of coal per annum from ...
egoli - 8:35 a.m. Thursday 4th February 2010 EST
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Macarthur's counsel hires external lawyers for string of deals
Macarthur Coal's in-house legal department has been busy. It's now hired external counsel to assist it with a string of deals.
The New Lawyer - 6 a.m. Thursday 4th February 2010 EST
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6 days, 22 hours ago
Macarthur Leads Gains by Mining Stocks in Australia
By Rebecca Keenan Feb. 2 (Bloomberg) -- Macarthur Coal Ltd. and PanAust Ltd. led gains amongst Australian mining companies after a report showed US manufacturing rose more than economists ...
Bloomberg - 11:38 a.m. Tuesday 2nd February 2010 EST
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1 week ago
Macarthur Coal plummets
MACARTHUR Coal's shares continued to slide yesterday after last week's collapse of part of its plans for a major expansion, with stock down more than 7 per cent.
Courier Mail Business News - 11 p.m. Monday 1st February 2010 EST
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1 week, 3 days ago
Donaldson deal ditched
Macarthur Coal has scrapped its plan to buy Donaldson Coal from Noble Group, after failing to reach a binding agreement with the Hong Kong trading house.
Business Day - 11 p.m. Friday 29th January 2010 EST
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Part of Gloucester take over called-off
Macarthur Coal has taken one more step in its friendly takeover of Gloucester Coal, but part of the transaction with the Noble Group has been called-off.
Sky News Business - 1:38 p.m. Friday 29th January 2010 EST
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Part of Gloucester take over called-off
Part of the transaction in Macarthur Coal's take over of Gloucester Coal has been called off.
Bigpond business & finance - 1:38 p.m. Friday 29th January 2010 EST
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Macarthur abandons Donaldson Coal stake purchase (The West Australian)
Macarthur Coal has abandoned part of its multi-pronged transaction package with joint venture partner Noble Group but will proceed with a deal central to its growth plans.
The West Australian Your Money - 12:27 p.m. Friday 29th January 2010 EST
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Macarthur ditches Donaldson bid
Macarthur Coal has abandoned part of its multi-pronged transaction package with Noble Group but will proceed with a deal central to its growth plans.
TheBull - 12:19 p.m. Friday 29th January 2010 EST
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Company Profile
Macarthur Coal Limited (Macarthur Coal) is an Australian coal company developing a generation of coal assets in Queensland’s Bowen Basin. As of June 30, 2007, the Company held a 73.3% interest of the Coppabella and Moorvale mines. The company’s operations produce approximately 35% of the seaborne global demand for low volatile pulverized coal injection coal (PCI coal). Macarthur Coal commenced the transition from a coal mine owner to a coal mine operator during the fiscal year ended June 30, 2007 (fiscal 2007). Exploration activities during fiscal 2007, was primarily directed at advancing the Vermont East/Wilunga project, extending the Olive Downs North Resources and obtaining more detailed information to enable assessment of Coppabella underground and Moorvale underground projects. On May 16, 2007, the Company sold a 16.7% of its 90% interest in the Olive Downs North project. In January 2008, the Company announced the completion of the acquisition of Custom Mining Pty Ltd.
Address: Level 18, 215 Adelaide Street, BRISBANE, QLD, AUSTRALIA, 4000
Phone: (07) 3221 7210
Fax: (07) 3229 1776
