22 Apr 2025other● Neutral
Notice of an investor call on 29 April 2025 at 11.30am AEST on the March 2025 quarterly report, hosted by Marcelo Matos and Shane Young. Administrative only.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
15 Apr 2025other● Neutral
Annual sustainability report covering 2024 safety, environment, community and climate performance. It notes Mavis Underground went into care and maintenance in September 2024. Reporting document with no new event.
15 Apr 2025annual report● Neutral
Published 2024 annual report, with chair and CEO letters repeating the results already announced: US$2.4b revenue, US$700m underlying EBITDA, US 11.1c total dividends. No new information evident in the text provided.
24 Feb 2025half year report● NeutralMajor
Full-year results: underlying EBITDA US$700m (US$1.1b in 2023), operating cash flow US$408m, FOB cost US$89/t, below guidance. Net debt US$26m. Final dividend US 6.7c takes 2024 dividends to US 11.1c, about US$100m. Reserves rose to 534Mt.
24 Feb 2025investor presentation● Neutral
Presentation of the 2024 full-year results already announced: saleable production 13.8Mt, underlying EBITDA US$700m, FOB cost US$89/t, SAFR 0.30 and final dividend US 6.7c. No new information evident in the text provided.
24 Feb 2025resource reserve update▲ GoodMajor
Resources rose to 5.129bn tonnes and ROM reserves to 534Mt (marketable 360Mt), up from 4.125bn and 372Mt. Eagle Downs added 1,608Mt; the Wards Well sale removed 681Mt. The Range was downgraded to Inferred due to the age of the estimate.
24 Feb 2025annual report● Neutral
2024 accounts: revenue fell 15% to US$2,395.5m and profit after tax fell 59% to US$191.5m, mainly from lower sales prices. Final dividend of US 6.7c declared, payable 13 March 2025. Net tangible assets per share US$2.030.
24 Feb 2025other● Neutral
Annual corporate governance statement. It says Golden Investments holds over 59% of voting shares, and the board has four independent and four non-independent directors. Compliance document, with no new event.
17 Feb 2025other● Neutral
Notice of an investor call on 24 February 2025 at 10am AEDT on the 2024 annual report and full-year results, hosted by Marcelo Matos and Shane Young. Administrative only.
21 Jan 2025other● Neutral
Notice of an investor call on 28 January 2025 at 10am AEDT on the December 2024 quarterly report, hosted by Marcelo Matos and Shane Young. Administrative only.
16 Oct 2024other● Neutral
Notice of an investor call on 22 October 2024 at 10am AEDT on the September quarterly report, hosted by Marcelo Matos and Shane Young. Administrative only.
4 Sept 2024asset acquisition disposition▲ GoodMajor
Stanmore secured rights over a Designated Area next to its Isaac South project from the Anglo American/Exxaro Moranbah South JV. It paid US$15m upfront, with US$20m deferred and royalty capped near US$40m. May double the project's volume and mine life.
30 Aug 2024asset acquisition disposition● NeutralMajor
Stanmore paid BHP the maximum US$150m contingent payment for the 2022 purchase of BHP's 80% of BMC, as price thresholds were exceeded. This is the last payment and settles the purchase price in full, closing the earnout thread.
26 Aug 2024debt financing▲ GoodMajor
Stanmore has binding commitments for a US$350m five-year term loan and US$100m revolving credit facility from commercial banks. The term loan repays the US$210m acquisition facility balance, continuing the earlier debt paydown. Long-form documents are due by end of October 2024.
26 Aug 2024investor presentation● Neutral
Presentation of the half-year results already announced: saleable production 6.8Mt, underlying EBITDA US$375m, FOB cost US$91/t, SAFR 0.48 and interim dividend US 4.4c. No new information.
26 Aug 2024half year report▼ BadMajor
Half-year accounts: revenue fell 18% to US$1,226m and profit after tax fell 60% to US$136.3m, mainly due to lower sales prices. A fully franked interim dividend of US 4.4c was declared. Net tangible assets per share rose 8% to US$2.013.
26 Aug 2024half year report● Neutral
Half-year results: underlying EBITDA US$375m (US$650m a year earlier), operating cash flow US$208m, average price US$175/t. Cost guidance cut to US$93-98/t; saleable guidance now 12.8-13.6Mt. Interim dividend US 4.4c; cash US$404m, net cash US$192m.
26 Aug 2024material agreement▲ Good
Stanmore agreed Queensland Government LEIP funding for a 20MW gas-fired power station at South Walker Creek, capturing coal seam gas to power the mine. Construction is expected by 2027, subject to approvals. Funding amount not stated.
19 Aug 2024other● Neutral
Notice of an investor call on 26 August 2024 at 10am AEST on the half-year results, hosted by Marcelo Matos and Shane Young. Administrative only.
13 Aug 2024farm in farm out completion▲ GoodMajor
Stanmore completed the Eagle Downs purchases from South32 and Aquila and now owns 100% of the project. It paid US$30m for Eagle Downs, A$2m for Eagle Downs South and about US$4m in adjustments. Completes the February and April 2024 deals; development review starts.
22 July 2024other● Neutral
Notice of an investor call on 29 July 2024 at 10am AEST on the June quarterly report, hosted by Marcelo Matos and Shane Young. Administrative only.
28 June 2024other▼ BadMajor
Stanmore is ceasing operations at Mavis Underground, part of the Millennium Complex acquired to 100% in December 2023, after a review found it uneconomic at current prices. Millennium is expected to reach care and maintenance by end of 3Q 2024. Guidance is not expected to change.
17 Apr 2024other● Neutral
Notice of an investor call on 23 April 2024 at 10am AEST to discuss the March quarterly report, hosted by Marcelo Matos and Shane Young. Administrative only.
16 Apr 2024asset acquisition disposition▲ GoodMajor
Stanmore completed the sale of southern Wards Well to Peabody on 16 April 2024, receiving about US$136m cash plus a capped royalty of about US$200m on the first 120Mt. It keeps Lancewood, and gets infrastructure sharing and gas rights agreements. Resolves the October 2023 deal.
12 Apr 2024director officer appointment● Neutral
Keira Brennan joins the board as an independent non-executive director from 12 April 2024. She is a senior energy and resources lawyer with over 30 years' experience, who has advised Stanmore's board and executives for several years.
12 Apr 2024annual report● Neutral
2023 Sustainability Report covering environment, safety, community and climate performance. It excludes Millennium and Eagle Downs data because of acquisition timing. Routine reporting with no new material events.
12 Apr 2024annual report● Neutral
Full 2023 annual report released, covering results already announced on 26 February. Chair's letter cites total shareholder returns above 40%, TRIFR 3.2 and SAFR 0.19. Revenue rose 4% to US$2.8b as prices moderated. No new information.
5 Apr 2024asset acquisition disposition▲ GoodMajor
Stanmore signed binding agreements to buy Aquila's remaining 50% of Eagle Downs plus 100% of Eagle Downs South (427Mt resource), giving it 100% of both. Eagle Downs costs US$15m upfront, US$20m on first longwall coal and a royalty up to about US$150m. Completion expected 2H 2024.
4 Mar 2024other▲ Good
Stanmore notes its inclusion in the S&P/ASX 200 from 18 March 2024. The CEO calls it recognition of the company's transformation and financial strength. No new operating or financial information.
1 Mar 2024other▲ Good
S&P Dow Jones index notice listing Stanmore as an addition to the S&P/ASX 200 from 18 March 2024. This is an index provider's rebalance announcement, not a company announcement. It follows Stanmore's entry to the ASX 300 in September 2023.