Recent Updates — CODQL
The Board of Directors appointed Sandeep Deoji as Chief Financial Officer, effective November 1, 2026. Deoji previously served as Interim CFO since August and holds the role of principal accounting officer. His annual base salary is set at AU$675,000, inclusive of statutory superannuation contributions, with eligibility for short-term incentive bonuses. He succeeds in a permanent capacity following his interim tenure. Coronado Global Resources Inc. operates as an Australian coal mining company.
Coronado Global Resources Inc. filed a quarterly activities report for the period ended September 30, 2026, revealing third-quarter earnings of $44 million and revised full-year guidance. The company lowered its saleable production forecast to 14.0–14.5 million tonnes from 16–17 million tonnes due to geological issues at the Buchanan mine in the U.S., slower-than-expected ramp-up at Mammoth, and reduced Coal Handling Preparation Plant throughput at Curragh. Average mining cash costs per tonne produced were raised to $105–$110 from $88–$96. Despite lower volumes, third-quarter earnings rose significantly from $7 million in the prior quarter, driven by higher metallurgical coal prices and improved operational efficiency at Curragh. Available liquidity increased by $57 million to $155 million, supported by a US$75 million prepayment from Glencore. Coronado Global Resources Inc. operates metallurgical coal mines in Australia and the United States.
Coronado Global Resources Inc. announced it will hold an investor conference call on October 21, 2026 (October 22 in Australia) at 9:00 am AEST to discuss its Q3 2026 production report. The call will be hosted by Managing Director and CEO Barrie van der Merwe and Interim CFO Sandeep Deoji. Registration details are available via the provided link.
Coronado Global Resources terminated Group Chief Operating Officer Craig Manz by redundancy effective November 13, 2026, and restructured the role into two positions. The company appointed Brett Holbrook as Interim Chief Operating Officer for U.S. operations effective October 1, 2026, with an annual base salary of US$416,000. Shaun Newberry was appointed Interim Chief Operating Officer for Australia effective September 9, 2026, with an annual base salary of AU$512,569.50. Coronado Global Resources Inc. operates in the coal mining industry.
Coronado Global Resources Inc. reported its half-year 2026 results, revealing a significant operational recovery in the June quarter following disruptions in March. The company posted H1 revenue of US$981 million and a net loss of US$418 million, which included a non-cash impairment of US$177 million related to the divestment of the Logan Complex completed in July. Adjusted EBITDA for the half was a loss of US$83 million, though Q2 earnings improved by approximately US$100 million compared to Q1 due to record production at Buchanan and stabilized operations at Curragh. Saleable production increased nearly 40% in Q2, reaching 7.1 Mt for the half, while net debt rose to US$606 million from available liquidity of US$98 million as of June 30, 2026. The company also secured up to US$75 million in prepayments from Glencore AG and is executing a reset program at Curragh aimed at margin expansion and cash generation. Coronado Global Resources Inc. operates in the metallurgical coal mining industry.