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...

Start a free trial to continue reading this article

Already have an account?

Subscribe now

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions