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New Hope

Feb 11, 2021
New Acland faces ‘nightmare scenario’ as legal woes drag on

New Acland faces ‘nightmare scenario’ as legal woes drag on

Hearing dates have been set in November in the ongoing court battle over the New Acland Stage 3 expansion plans. It came after the High Court last week referred an appeal by the Oakey Coal Action Alliance against the expansion back to Queensland’s Land Court. The Land Court of Queensland sat today in a preliminary directions hearing… ...

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Feb 04, 2021
QRC points to Bligh precedent in call for New Acland action

QRC points to Bligh precedent in call for New Acland action

The Queensland Resources Council is calling on the State Government to provide certainty around the process required to approve an expansion of New Hope Group’s New Acland coal mine. And it has pointed to action by the previous Bligh Government to allow the Wollombi coal mine as a precedent. The QRC’s request comes after the… ...

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Oct 16, 2020
New Hope slashes head office staff

New Hope slashes head office staff

New Hope Corporation has offered voluntary redundancies to workers in its Brisbane corporate headquarters, where up to 75 per cent of the workforce will be cut by the end of November. With about 120 employees there, that means about 90 jobs may go. The changes would see a more streamlined management structure with the majority… ...

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Sep 24, 2020
New Hope’s bottom line buffeted

New Hope’s bottom line buffeted

New Hope Corporation has reported a lift in coal production of 11.3 million tonnes in the past financial year, but a drop in revenue as lower coal prices and the impact of the New Acland impasse took their toll. The miner reported a loss of $156.8 million for the year, in contrast to a $210.7… ...

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Jul 10, 2020
New Hope announces Stephan’s successor

New Hope announces Stephan’s successor

Reinhold Schmidt (pictured above) has been appointed as chief executive officer of New Hope Corporation, effective from September 1. The New Hope Board said Mr Schmidt brought more than 20 years’ experience in the mining industry. His most recent role was as chief executive officer of Yancoal Australia, from August 2013 until March this year…. ...

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Jun 17, 2020
New Hope on warpath over Stage 3 approvals

New Hope on warpath over Stage 3 approvals

New Hope Group has slammed ‘unfathomable’ hold-ups over its New Acland Stage 3 coal mine plans after meeting with the State Government last week to present a roadmap to final approvals for the project. If approved, the extension project would create more than 450 new jobs, generate $7 billion dollars for the State economy and… ...

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Dec 04, 2019
New Acland coal expansion battle continues

New Acland coal expansion battle continues

The CFMEU has joined the Queensland Resources Council in calling for the State Government to act on approvals for New Hope’s coal operations near Oakey. It comes as the Oakey Coal Action Alliance (OCAA) seeks leave to appeal to the High Court over the Stage 3 expansion of the New Acland coal mine. New Hope… ...

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