New Hope Corporation Limited (AU:NHC) has released an update.
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New Hope Corporation Limited has reported an increase in total coal resources from 1,928 million tonnes in 2023 to 2,426 million tonnes in 2024, including a significant new addition of 513 million tonnes from the newly acquired West Muswellbrook area. The updates, compliant with the JORC Code 2012, also reflect a minor depletion in the New Acland Mine reserves and an unchanged estimate for other deposits. These findings suggest a solid positioning for New Hope in the coal sector, bolstering its resource base for future operations.
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