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Coronado Global Resources Inc. (CODQL) reported leadership changes in its operating structure. On September 3, 2026, the company terminated Group Chief Operating Officer Craig Manz by reason of redundancy, effective November 13, 2026, with Mr. Manz remaining until then to assist transition. On September 8, 2026, the Group COO role was restructured into two regional positions.
The company appointed Brett Holbrook, age 66, as Interim Chief Operating Officer, U.S. effective October 1, 2026, under an agreement providing an annual base salary of US$416,000 and 16 weeks of base salary if terminated without cause or if he resigns for good reason, plus one-year post-termination non-compete and non-solicit restrictions. Shaun Newberry, age 54, was appointed Interim Chief Operating Officer, Australia effective September 9, 2026, with an annual base salary of AU$512,569.50 (including statutory superannuation), a three-month mutual notice period, and one-year post-termination non-compete and non-solicit restrictions, and redundancy rights in line with Australian law.
Coronado Global Resources Inc. reported that Deoji Sandeep, serving as Interim CFO, filed an initial statement of beneficial ownership as a reporting person. The filing lists no reportable transactions or derivative holdings and references an exhibit titled Power of Attorney.
Coronado Global Resources Inc. reported that Mark Robert Bolton, its Chief Marketing Officer, filed an initial statement of beneficial ownership as an officer. The filing lists no equity holdings or transactions at this time and includes an exhibit granting a Power of Attorney related to future securities filings.
Coronado Global Resources Inc. reported 2026 half‑year results showing a weak first half but a notable operational and financial recovery in the June quarter. Revenue was US$981.3 million, with a net loss of US$418.0 million, which includes a US$177.5 million non‑cash impairment related to the Logan disposal group. Adjusted EBITDA was a loss of US$82.5 million. Net debt increased to US$606.1 million, while available liquidity at 30 June 2026 was about US$98 million.
Operationally, saleable production was 7.1Mt and sales volumes 7.0Mt. The June quarter delivered a recovery, with saleable production up nearly 40% versus the March quarter and earnings improving by about US$100 million. Average realised metallurgical coal price rose to US$168.0/t, but mining cash costs increased to US$113.5/t and operating costs to US$151.8/t. Buchanan recorded record first‑half ROM production and remains the highest‑margin asset after its expansion.
The company is executing an operational and commercial reset at Curragh focused on mine plan optimisation, contractor restructuring and CHPP performance, targeting margin expansion and stronger cash generation. Guidance for 2026 is 16–17Mt of saleable production, mining cash costs of US$88–96/t, and capex of US$150–175 million, expected toward the lower end. After period end, Coronado entered offtake prepayment agreements with Glencore AG of up to US$75 million at 14% interest to support liquidity.
Coronado Global Resources Inc. reported higher revenue but sharply weaker profitability for the quarter and six months ended June 30, 2026. Total revenues rose to $514.1 million for the quarter and $981.3 million for the half year, compared with $467.9 million and $917.1 million a year earlier, driven mainly by metallurgical coal sales in Australia and the U.S.
Despite this, the company recorded a quarterly net loss of $99.4 million and a first‑half net loss of $418.0 million, versus losses of $76.2 million and $172.4 million in 2025. Results were heavily impacted by a $177.5 million impairment related to the idled Logan mining complex, which was subsequently classified as held for sale and sold for nominal consideration, and by higher interest expense linked to new debt and Stanwell-related financing structures.
Cash and cash equivalents declined to $97.7 million from $173.0 million at year‑end, with first‑half operating cash flow of $(66.9) million. Total assets fell to $2.33 billion and stockholders’ equity dropped to $228.0 million, while interest‑bearing debt reached $694.6 million and Stanwell‑related liabilities totaled $621.4 million. Management cites a challenging operating environment but concludes it has sufficient liquidity for at least 12 months, supported by an ABL facility, significant restricted deposits and a new Glencore offtake prepayment facility of up to $75.0 million.
Coronado Global Resources Inc. states that it lodged an announcement with the Australian Securities Exchange on 4 August 2026 (5 August 2026 in Australia) describing plans for an investor conference call and webcast for its 2026 Half Year Results.
The company will report its 2026 Half Year Results via a presentation on Tuesday 11 August 2026 at 10.00am AEST, which corresponds to Monday 10 August 2026 at 8.00pm EDT. The session will be hosted by Managing Director and Chief Executive Officer Barrie (Barend) van der Merwe and Interim Group Chief Financial Officer Sandeep Deoji. Investors can access the event through an online webcast link or, by pre-registering, receive dial-in details and a unique PIN for a telephone conference call with Q&A. The announcement explains that the webcast and presentation will be recorded and made available on Coronado’s website shortly after the meeting, and that this information is being furnished, rather than filed, for U.S. securities law purposes.
Coronado Global Resources Inc. furnished a quarterly activities report to the Australian Securities Exchange containing unaudited historical financial information for the quarter ended June 30, 2026. The same report is provided to U.S. investors as Exhibit 99.1 to a current report on Form 8-K.
The company states that the information in this item, including Exhibit 99.1, is being furnished rather than filed under U.S. securities laws and will be incorporated into other Securities Act or Exchange Act reports only if specifically referenced in future submissions.
Coronado Global Resources Inc. plans to hold an investor conference call to discuss its Q2 2026 Quarterly Report. The call is scheduled for Wednesday 29 July 2026 at 10:00am AEST, corresponding to Tuesday 28 July 2026 at 8:00pm EDT, with registration available via an online link.
The call will be hosted by Barrie van der Merwe, incoming Chief Executive Officer and Managing Director, joined by Garold Spindler, currently Interim Chief Executive Officer, and Sandeep Deoji, incoming Interim Chief Financial Officer. Coronado explains that the information about the call, lodged with the Australian Securities Exchange and furnished as an exhibit, is being furnished and is not deemed filed or incorporated into other U.S. securities law filings unless specifically referenced.
Coronado Global Resources Inc. appointed its current Chief Financial Officer, Barend (Barrie) J. van der Merwe, as Chief Executive Officer and Managing Director effective 1 August 2026. His compensation includes an annual base salary of AU$1,200,000 inclusive of superannuation and additional AU$350,000 payments in December 2026 and December 2027.
The board will expand from six to seven directors, adding van der Merwe as Managing Director. Founder Gerry Spindler will step down as Interim CEO on 31 July 2026 but remain on the board as a non-executive director. Sandeep Deoji, currently Vice President, Group Financial Control, will become Interim Chief Financial Officer with a base salary of AU$580,000 and standard notice, redundancy and 12‑month post-employment restraint provisions.
Coronado Global Resources Inc. reported results of its 2026 Annual General Meeting. Common stockholders approved the issuance of up to 90,000,000 securities under the 2018 Equity Incentive Plan, aligning with ASX Listing Rule 7.2 (Exception 13).
Six director nominees were elected to serve until the 2027 meeting, and stockholders supported the company’s executive pay program in a nonbinding advisory vote. Investors also chose to hold future say-on-pay votes every three years and ratified Ernst & Young as independent auditor for the fiscal year ending December 31, 2026.