SURFACE

Stanmore pays $835M in Queensland coal royalties as earnings drop

The company achieved record operational performances across all of its mines in 2023

Stanmore achieved record operational performances across all of its mines in 2023. Photo courtesy Stanmore

Stanmore achieved record operational performances across all of its mines in 2023. Photo courtesy Stanmore

Stanmore Resources has been slugged with $835 million in royalties by the Queensland government in 2023 as its earnings wane because of falling coal prices. By comparison, the much larger BHP Mitsubishi...

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