New Hope Corporation
Stock Code
Stock Exchange
New Hope Corporation Limited (NHC) is coal mining company primarily engaged in mining and wholesale of coal, investment in bulk material coal handling operations, exploration and land management activities and investment in coal seam gas operations. New Hope listed on the ASX on 16 September, 2003. The Company’s head office is located in in Ipswich and at present it has over 250 people employed. NHC operates in south-east Queensland with open cut mines located in Acland on the Darling Downs, and at Rosewood near Ipswich.
Read up on the dividend history for NEW HOPE CORPORATION LIMITED. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive NHC dividends if you own the NEW HOPE CORPORATION LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the NHC dividend if you buy the stocks on or after the ex dividend date.
Macarthur Coal's (MCC) bid for Gloucester Coal
(GCL) has collapsed as Noble Group, the target's largest shareholder (at 87.7 percent), failed to persuade its investors to back the deal. Noble noted on their website: "Noble Group wishes to announce that the merger proposal between Macarthur and Gloucester was soundly defeated by shareholders in a vote held in Hong Kong at 2.30pm today."
Australia based coal mining company New Hope (NHC) is expecting to see an increase in the contract prices of coal as the company boosts its sales on the back of uprising demand. Rob Neale, the Chief Executive of the company stated that price for thermal coal was increasing, something that can be considered as an indication that the contract price may rise. However, he didn’t make any remarks regarding the speculations that the price may move up to $US100 per tonne.
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