Coronado Global Resources Inc. (CODQL) Form 8-K — Oct 21, 2026
Coronado Global Resources reported Q3 2026 earnings of $44M, its best quarter since Q2 2024 and up from $7M the prior quarter, on higher metallurgical coal prices (PLV HCC index averaged US$248/t) and lower mining costs at Curragh, where ROM production hit 4.2Mt — the best since Q3 2020. However, the company slashed 2026 guidance: saleable production is now expected at 14.0-14.5Mt versus the original 16-17Mt, and mining cash costs are guided to $105-110/t versus $88-96/t previously, reflecting Buchanan geological faults, a slower Mammoth ramp-up, and weaker CHPP throughput plus unfavorable FX and diesel costs.
Key figures
- Revenue
- 558000000
- Guidance
- Revised 2026: saleable production 14.0-14.5Mt (from 16-17Mt); mining cash costs $105-110/t (from $88-96/t); capex at bottom of unchanged $150-175M range. 2027 guidance expected at 16-17Mt saleable production.
- Net Income
- $44M quarterly earnings (up from $7M prior quarter)
- Total Debt
- Net debt $553M (from $606M at 30 June 2026)
- Cash Position
- $154,963K (30 Sep 2026)
- Trir
- 1.42
- Sales volumes mt
- 3.6
- Rom production mt
- 6
- Delayed revenue usd m
- 50
- Saleable production mt
- 3.4
- Plv hcc index avg usd t
- 248.1
- Liquidity increase usd m
- 57
- Quarterly earnings usd m
- 44
- Available liquidity usd m
- 155
- Curragh rom production mt
- 4.2
- Glencore prepayment usd m
- 75
- Avg mining cash cost usd t
- 112.8
- Coal stockpiled at port kt
- 630
- Prior quarter earnings usd m
- 7
- Group realised met price usd t
- 183.5
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