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Whitehaven Coal Limited ( ASX:WHC ) shareholders might be concerned after seeing the share price drop 13% in the last...
For premium support please call: 800-290-4726 more ways to reach us
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Whitehaven Coal was established in February 1999. In September 2000, mining operations commenced at the Canyon open cut mine near Gunnedah.Further mines were established at Werris Creek in September 2005 and Tarrawonga in June 2006 before the company listed on the Australian Securities Exchange in June 2007.
The ASX 200 is capitalisation-weighted, meaning a company's contribution to the index is relative to its total market value i.e., share price multiplied by the number of tradeable shares. The ASX 200 is also float adjusted, meaning the absolute numerical contribution to the index is relative to the stock's value at the float of the stock. [12]
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located 30 km south of the town of Moranbah and 195 km south west of the Hay Point port facilities. Peak Downs is a large, open-cut mining operation, which was developed in the early 1970s. The first coal was mined in April 1972. Today, Peak Downs has a production capacity of nine million tonnes of coking coal per annum. Saraji Mine