New York-listed Peabody, which has ownership in 10 mines across New South Wales and Queensland, has clocked up a 58% fall in its share price from the close of June 30 to Monday’s close of $6.88.
For the second half it experienced a 53% fall to a December 31 closing price of $7.74.
Yancoal Australia, which runs or has stakes in 10 Aussie coal mines and is 78% owned by China’s Yanzhou Coal Mining, has managed to clock up a 56% tumble in its Australia-listed share price to 11c on Monday afternoon.
The shares fell a further 1c (9.1%) yesterday to 10c with no announcements made.
From July 1 to December 31 the shares fell 36% to 16c each.
Brazilian mining giant Vale closed its Integra mining complex in the Hunter Valley last year while its half-owned Isaac Plains open cut mine in the Bowen Basin is expected to shut down by the end of this month.
It still operates the Carborough Downs longwall mine in the Bowen Basin which showed considerable performance growth last year. More exposed to the fall in iron ore prices, New York-listed Vale shares have shed 35% since June 30 to Monday’s close of $8.55.
Yet Vale has shown some recovery in early 2015 as its shares fell 38% in the second half to a December 31 closing price of $8.18.
BHP Billiton, which like Vale is also exposed to the rout in iron ore prices, has been hit by a 20.6% fall in its Australia-listed share price from the end of June 30 to a closing price of $28.51 on Monday.
It has fared worse in 2015 as its second half fall was to the tune of 18.2%.
Close behind in the Australian coal producer’s share price carnage board is Anglo American, with its London-listed shares down 20.3% from June 30 to Monday’s close. Its second half share price decline was not as bad either with a 16% haircut.
Leading Australian underground coal miner Glencore had an 8.2% second half fall in its London-listed share price but they were down 14.15% by Monday afternoon for this financial year to date.
Gunnedah Basin miner Whitehaven Coal, which will become a much more significant Australian producer when its Maules Creek project ramp ups to full output, has not fared too badly given the context of the coal price downturn.
Its shares had fallen 11.2% by Monday’s close since June 30.
Queensland thermal coal producer and coal port operator and exporter New Hope has performed even better as its shares were down 6.7% for the financial year to date by Monday’s close.
While Rio Tinto is exposed to downturn-hit coal and iron ore prices, its recent half Australia-listed share price fall was only 2.2% to a close of $58 on December 31.
They have fallen nearly 1% since as they traded at around $57.45 at 3:45pm AEDT yesterday.
Curragh coal mine owner and part Bengalla miner owner Wesfarmers was the only Australian coal producer which has made an overall share price gain since June 30.
This undoubtedly has more to do with its major retailing and other non-coal business divisions. Wesfarmers shares were up 1.36% for the financial year to date as of Monday while they had a minor 0.3% fall for the second half.
Despite the widespread bad news there is hope for significant margin improvement as the Australian dollar continues a general downward trend.
While there are some more outlandish calls that it could sink to as low as US50c, CommSec recently forecast it to hit 73c by mid-year.
