Community grants to provide opportunities for CQ groups

Community grants to provide opportunities for CQ groups

CQ News
29th December 2019

KRISTEN BOOTH, CQ News
29th Dec 2019 5:30 AM

SCHOOLS, local groups, clubs and not-for-profit organisations across the region will be able to fund their community initiatives with the Stanmore Coal Isaac Plains Community Grant Program launching in the new year.

Grants of up to $5,000 are available through the program for initiatives that focus on young people in the region, highlight community health and wellbeing, provide opportunities for indigenous engagement or support the environment.

Stanmore Coal General Manager Operations, Bernie O’Neill said the organisation was committed to making a positive contribution to the Isaac region’s economy and community life.

Read the full article in CQ News Community grants to provide opportunities for CQ groups

 

Interim Chief Executive Officer AGM Address

Interim Chief Executive Officer AGM Address

25th November 2019
I would like to open by welcoming our shareholders to today’s Annual General Meeting. I also acknowledge the Barada Barna people who are the traditional custodians of the land that the Isaac Plains Mine shares. It is my pleasure to present this update to shareholders as Interim CEO of Stanmore Coal.
I am pleased to say that the 2019 financial year was a milestone year for Stanmore Coal in a number of ways, including the financial returns the business generated for shareholders. The Total Shareholder Return of Stanmore Coal over FY19 was 69.5%, combining the appreciation in the Company’s share price and total dividends declared. This was the best return for an ASX-listed coal company for that year and a significant outperformance compared to the ASX All Ordinaries index.
2019 Chairman's Address to Shareholders

Chairman's Address to Shareholders

25th November 2019
On behalf of the Directors, I am pleased to present to shareholders a record operational performance for Stanmore Coal in the 2019 financial year, which led to record financial outcomes for both the Company and our shareholders.
The team at Stanmore Coal delivered an outstanding performance at our operations during FY19 and the highlight has been the safe and successful transition from the original Isaac Plains mine to Isaac Plains East in December 2018. Favourable geological conditions and lower strip ratios at the new mine, which commenced operation in August 2018, helped us to achieve an improved mix of coking and thermal coals, reduced production costs and increased sales prices and margins.

All company announcements can be found on the ASX website at www.asx.com.au.