New Hope posts full-year loss
Australian coal producer, New Hope, has reported a statutory loss of over AUS$20 million after impairments and other non-regular items hit the company’s bottom line by AUS$73.6 million.
Australian coal producer, New Hope, has reported a statutory loss of over AUS$20 million after impairments and other non-regular items hit the company’s bottom line by AUS$73.6 million.
There may be a way to go yet before the mining industry reaches the bottom of the cycle.